Northern New Jersey Real Estate
October 2009

Hoboken Short Sales UPDATED: 1/12

Hoboken Short Sales UPDATED: 1/12

October 14, 2009 by admin · 3 Comments 

 We are receiving numerous inquiries on Short sales in Hoboken.  A lot of questions we get are whether a short sale makes for a great deal.  In most cases, most likely the answer is yes.  However, due to the number of short sales in Hoboken, which isn’t very many, banks are more reluctant to bargain [...]

NEW!! Maxwell Place Townhomes | Hoboken NJ

NEW!!  Maxwell Place Townhomes | Hoboken NJ

October 14, 2009 by admin · 1 Comment 

2010 Update on Maxwell Townhomes:
If you are looking for the best of the best townhome living in Hoboken, let us give you a private tour of the luxury living.  Maxwell Place Townhomes are selling surpisingly well and nearly half of the townhomes are sold.  Toll Brothers is expected to have a price increase later this [...]

NJ Multi-Family Income Property of the day

NJ Multi-Family Income Property of the day

October 13, 2009 by admin · Leave a Comment 

As I was browsing potential investment property for a client today, I came across a building that I though I should share.  I am seeing a few of similar deals out there, so if you are looking for investment property in northern NJ, we are on the pulse of things. 
Our Income Property of the day [...]

Wall Street firm to move 1,600 jobs to Jersey City, N.J

Wall Street firm to move 1,600 jobs to Jersey City, N.J

October 12, 2009 by admin · Leave a Comment 

New Jersey has issued $90 million in tax incentives to The Depository Trust and Clearing Corp if they move a ton of jobs over the river to New Jersey.  The estimated job increase will be 1,600 jobs to the Newport Pavonia section of downtown Jersey City.
Overall, this should help the real estate market clear some [...]

Plenty of bargains on northern NJ multi family homes for sale

Plenty of bargains on northern NJ multi family homes for sale

October 8, 2009 by admin · 2 Comments 

Recently, I have been a huge advocate of first time homebuyers having an open mind to multi-family homes in northern NJ.  For the sake of argument, I am going to use Clifton, NJ as my example since my most recent inquiries were for Passaic County.
Let’s assume renters, or you are paying $1,250 for half of [...]

Home Buyer Consultations | First Timers & Everyone else

Home Buyer Consultations | First Timers & Everyone else

October 8, 2009 by admin · Leave a Comment 

With the volatile nature of the New Jersey real estate market, first time home buyers and non- first time homebuyers must know their current options available to them to maximize their potential home investment.  There are many determining factors that everyone needs to take into account. 
 
 
 

Do you qualify for the first time home buyer tax credit?
Have you been prequalified for financing [...]

Riva Pointe | Weehawken NJ

Riva Pointe | Weehawken NJ

October 7, 2009 by admin · Leave a Comment 

Where else can you live directly on the Hudson River waterfront, jettied out as a peninsula 1,000 feet over the Hudson River with unobstructed northeast/southeast breathtaking Manhattan views? 
Riva Pointe on the Gold Coast of Weehawken, NJ provides all of that and then some, including not only the finest interior specifications, but turn key amenities.  Parking?  Fitness?  Serenity?  [...]

Flood Pump Victory for Hoboken Real Estate

Flood Pump Victory for Hoboken Real Estate

October 6, 2009 by admin · Leave a Comment 

If you live in the low-lying areas of Hoboken, which have been designated as the southwest part of the city, chances are you freak out when you see rain in the forecast.  That’s because for years, this area of Hoboken has been notoriously vulnerable to mass flooding, crippling the urban necessities of walking and short drives. 
On [...]

Watch for Buyer / Seller Disconnect

Watch for Buyer / Seller Disconnect

October 1, 2009 by admin · 3 Comments 

We are starting to see a a growing phenomenon with New Jersey real estate, at least in our areas on the northern side including Hoboken, Jersey City, Weehawken, Bergen County, and other areas who are heavily employed in the NY metro markets.  The fear that there is a buyer and seller disconnect could become a [...]

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