NJ Suburbs
NJ Multi-Family Bargain of the week| Income Property
December 17, 2009 by admin · Leave a Comment
Welcome back to our Multi-Family Home of the Week Post. As most of you know, I am a sucker for multi-family home investing. I think in New Jersey, it is easily the quickest way to make a solid return on your invested dollars. Today’s Multi-Family home of the week is in East Orange. Here are [...]
Montclair NJ Real Estate Report
December 15, 2009 by admin · 2 Comments
February 2010 Round Up – Montclair NJ Home Sales / Inventory / News
So January started out a bit slow. I always blame slow January’s on the ever-changing bank guidelines that always come out in fury at the beginning of the year. Let’s not use that as an excuse though. I still predict that the second [...]
Franklin Lakes Real Estate Report | Updated Monthly
November 4, 2009 by admin · 3 Comments
January 2010 Round Up – Franklin Lakes Home Sold / Inventory / News
As January typically produces fewer home sales due to changes in lending guidelines, Franklin Lakes remained the norm. While we do not anticipate any price declines due to the expiring First Time Homebuyer Tax Credit, I think it will be interesting to watch [...]
Bloomfield Real Estate Recap | Monthly Updates on Homes Sold and Inventory
November 4, 2009 by admin · Leave a Comment
January / February Real Estate Round Up… Bloomfield
So the first 2 months of 2010 have been the slowest since August 2009. The last 2 years have been very tough on lending guideline changes. There have been crazy guideline changes with conventional and FHA loans and it is indicative with the slow months of 2010 as [...]
Ramsey 2009 Recap | Comparisons | 2010 Predictions
November 2, 2009 by admin · 2 Comments
Happy New Year, Ramsey!
After a rather interesting year, I think the Ramsey real estate market deserves a “State of the Market Report”. In this report, we will look at last months statistics, overall yearly results, and comparisons to 2008. Unlike many markets in New Jersey, Ramsey fared pretty well and the charts below will indicate [...]
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 [...]
Verona NJ Real Estate | State of the Market
September 15, 2009 by admin · 1 Comment
As we reported from a previous article, Verona home prices have come down about 14% from peak. Our opinion is that it is unfair to relate to peak prices anytime soon, so instead of giving end over end real estate numbers from last year this time (which was when our financial markets were in a [...]
The Heights at Montclair | NJ Homes for sale
September 10, 2009 by admin · Leave a Comment
The Heights at Montclair is a suburban development in Montclair, NJ. Located near the corner of Harrison Avenue and Llewellyn Rd, The Heights at Montclair is situated in one of Montclair’s most pristine sections. Eagle Rock Reservation lies less than a mile away where you can walk the trails or visit the 9/11 memorial that [...]
Glen Ridge NJ Real Estate Report | Homes for sale
September 4, 2009 by admin · 1 Comment
2009 Recap | 2010 Real Estate Predictions
Happy New Year, Glen Ridge!
I figured I’d take a look at some comparisons from the last 2 years and give you a bold prediction as to what I see happening with Glen Ridge real estate in 2010. As most of you know, I am a product of Essex County [...]
Ramsey NJ Real Estate | Homes for sale
September 2, 2009 by admin · 1 Comment
Click here to see our Monthly and Annual “Ramsey State of the Market Reports”
Ramsey is a suburb borough in Bergen County New Jersey located about 25 miles from midtown New York City. This attractive community has an appearance of pastoral serenity, yet is vital and modern in every respect. Recreational facilities such as swimming, tennis, [...]