Browse our MLS / IDX for ALL homes for sale in Northern New Jersey | Be Sure to read our Monthly Housing Reports for all our Local Areas
Just to the right of the screen, you will notice our customized MLS / IDX tool. This custom design allows you as the user to search all homes for sale using your specific criterias. This system will allow you to narrow down your homes so you won’t get overwhelmed by thousands of homes. As stated to the right, the MLS’s are area specific. Be sure to use the MLS / IDX that is appropriate... [Read more ...]
Hoboken Condo & Real Estate Report
June 2010 Hoboken Condo Report – Inventory & Absorption For those of us that thought the First Time Homebuyer Tax Credit would have no affect on Hoboken, it looks like we were fooled. Just look at our Quarterly Comparisons from 2009-2010 below for proof. June posted phenomenal numbers. Was this entirely due to the tax credit deadline?? There was a huge increase in sales volume,... [Read more ...]
Buying a Distressed Fractured Condo Building
At least in the state of Florida, buying a distressed condo building that is FRACTURED has huge potential for a Value Add investment. In short, a Fractured Condo Building for example is a 50 unit building where currently 10 are owned by individual owners that may or may not be current on their mortgage and condo association dues. The remaining 40 units are likely developer owned condos that did not... [Read more ...]
Nutley NJ Real Estate Report | Monthly Updates!
June 2010 – Nutley NJ Real Estate Report – Sales, Absorption, Opinions After another month of real estate activity, Nutley has mirrored its performance of 2009. Literally. June showed a strong month of sales volume, matching May’s performance of 23 homes sold. Nutley, my neighboring town is one of the quaintest markets in Essex County. Homeowners can enjoy walks to some of... [Read more ...]
Investment / Income Real Estate News
New Jersey Real Estate Guys also owns a very popular real estate firm in Ft. Myers, FL. Aside from general real estate, we pride ourselves on diversification in our customers portfolios by becoming diverse property owners. In a lot of areas today, buying real estate is favorable given the market conditions regarding pricepoints and rental rates. Today offers unprecedented pricepoints and the... [Read more ...]
Out of state Income Property | Smoky Mountain Resort | Developer Guarantee Leaseback
Developer Guaranteed Income of 15% As many are aware, we love to explore out of the box for income real estate opportunity. During a trip to Sterling Springs Resort in the Gaitlinburg area of Tennessee at the beginning of the year, I noticed a glaring problem with availability. The resort is 5 star and one of the most beautiful settings I have seen. My question was why there were only 33 cabins... [Read more ...]
Montclair NJ Real Estate Report
June 2010 Review | Montclair NJ Real Estate Report CLICK HERE to view all homes for sale in Montclair and set an appointment with NJREG for a free consultation. As a local Montclairian myself, I must say that I am pleased with how the housing market performed in June. Sales volume was way up. The average price of a home sold slid for the second straight month, although the month of April had a... [Read more ...]
Why 2011 will be a HUGE real estate year
UPDATE: It’s been less than 24 hours since I wrote this article. Early this morning the new PNC Financial projections came out, strengthening my opinion for a strong rebound over the next 12 months. Let me retract “strong” and replace it with words like “satisfying”, “better than nothing”, or “shit, I’ll take anything”. Here’s some... [Read more ...]
Rutherford NJ Real Estate Report | Inventory | Homes for Sale | Absorption
Another area in the suburbs we like is Rutherford, NJ, a quiet and peaceful place for you and your family and only minutes to NYC and the other metro areas of Northern NJ. For you partiers out there, Rutherford is a B.Y.O.B town with plenty of great restaurants and landscape to enjoy. Armed with a great school system, real estate taxes are less than Montclair at least with just as much convenience. ... [Read more ...]
Legalizing Gambling at the New Meadowlands? Thoughts?
Let’s imagine the New Meadowlands in 2015. Over the last few years, the biggest controversial project to go up was Xanadu. Recently renamed “Meadowlands” by newest savior Steve Ross of Related Group, the Meadowlands is due for some major visual changes. First, is the demolition of the old Giants Stadium. Next, in my opinion would be the demolition of the race track, a big... [Read more ...]
New Jersey Real Estate Guys Brokerage #1 in Hudson County
New Jersey Real Estate Guys would like to congratulate everyone in our parent brokerage of Liberty Realty for achieving #1 status in Hudson County. During the first 4 months of 2010, we have led the county in MLS Sales, Listings taken, Pending Sales, and Closed Sales. A total of 184 Successfully closed MLS sales during the first 4 months. This is overwhelming proof as to why New Jersey Real Estate... [Read more ...]
Need to Short Sell your home fast, effectively, and risk mitigated?
As many of our readers know, NJREG has a reknown real estate investment firm in Southwest Florida. Our primary focus, currently, is buying REO and distressed assets for ours and our investors real estate holdings portfolio in New Jersey and the tri-state area. Located in the Florida market for nearly 10 years, we have made huge strides and adjustments. As of recent, and after months of efforts,... [Read more ...]
Unlisted for Private Sale: 2 Four-Family Homes, Historic Morristown
Great for INVESTOR / HOMEOWNER With an occupancy rate of nearly 100% over the last 12 years, these 4-Family Homes present a perfect opportunity for any homeowner or investor. Due to the current owner being an owner occupant, he has taken tremendous care to preserve the utmost value for these homes located in the beautiful historic district of Morristown, NJ. 55 Wetmore Avenue $579,000 A four-family... [Read more ...]
Investing in NJ Section 8 Multi-Family
Scott Allan of NJ Real Estate Guys has respectable experience in Section 8 investing in NJ. Our current Section 8 markets include but are not limited to Jersey City, Clifton, Passaic, Newark, and East Orange. Contact Scott for further details on available multi-family properties. Stay tuned for our “Section 8 Property of the Week” Post which we will post a link to right here. I’ve... [Read more ...]
NJ Real Estate Guys Bergen Record article on SW Florida Second Homes
New Jersey Real Estate Guys is pleased to present an article written in the North Bergen Record. As many know, we also have a company in Florida which helps New Jersey residents find great second homes and investment property. CLICK HERE for article. AKPC_IDS += "3155,";Popularity: 2% [?]
West Orange NJ Real Estate | Home Sales | Inventory Levels
West Orange Real Estate Roundup for June 2010 Click here to view all West Orange NJ Homes for sale As summer gets into full swing, so does the housing market in West Orange. Sales are picking up and by looking at the charts below you will see the trend over the last 36 months have been consistent in terms of sales volume and its timing. Summer months are always more active for many reasons. Prices... [Read more ...]
