Edison, NJ - September 2, 2008 - (RealEstateRama) — New Jersey residents who may be hesitant about buying or selling a home now have several ways to educate themselves about real estate opportunities and local market conditions in the Garden State. more »

Trenton, NJ - August 20, 2008 - (RealEstateRama) — As Governor Corzine joined Senator Robert Menendez and Congressman Rush Holt today in Monroe Township to discuss a new federal property tax relief initiative, Assemblyman Declan O’Scanlon and Assemblywoman Caroline Casagrande, both representing the 12th Legislative District, questioned why the governor has not devoted more attention to providing property tax relief to the people of New Jersey. more »

Trenton, NJ - August 30, 2008 - (RealEstateRama) — Battling against State Budget policies that will force property tax increases in towns throughout rural New Jersey, the League of Municipalities will host a summit meeting to discuss the problem and all possible solutions. We invite the Press to join local elected officials and leading legislative property tax relief advocates, who will gather: more »

WOODBRIDGE, N.J. - August 27 2008 - (RealEstateRama) — Woodbridge Mayor John McCormac and Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia joined Department of Community Affairs’ (DCA) Commissioner Joseph Doria today at 239 Wall Street, a 3-bedroom home in the Menlo Park Terrace neighborhood, to announce that Woodbridge is the newest member of the Live Where You Work Program.  Woodbridge is the third municipality to partner with HMFA on the program.  more »

South Hackensack, N.J. - August 27, 2008 - (RealEstateRama) — The Hampshire Companies, a full-service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced the acquisition of a 107,730-square-foot industrial building located at 490 Huyler Street in South Hackensack, N.J. from Huyler Realty, LLC. The acquisition was made on behalf of Hampshire Partners Fund VII, Hampshire’s $350 million institutional real estate investment fund. more »

Edison, NJ - August 19, 2008 - (RealEstateRama) — New Jersey Association of REALTORS^® (NJAR^®) President-Elect Diane Dilzell, CRS, e-PRO, and NJAR^® Executive Vice President Jarrod Grasso, RCE, attended the 2008 NATIONAL ASSOCIATION OF REALTORS^® (NAR) Leadership Summit in Chicago, Illinois last week. The Leadership Summit prepares presidents-elect and executive officers of state and local associations, commercial boards and structures, regional MLSs, and national institutes, societies, and councils for their future leadership roles. more »

This time, last year, the four special joint committees of the Legislature’s historic Special Session for Property Tax Reform were preparing their final reports. They, thereby, set the stage for final action on a number of important bills. The Special Session deserves much credit. The tremendous concentrated efforts of legislators, the Governor and all of their staffs have yielded a solid foundation for future progress towards property tax reform. But much still remains to be done. more »

Linden, NJ - August 23, 2008 - (RealEstateRama) — The Hampshire Companies, a full-service, private real estate investment fund manager with equity in assets valued at more than $2 billion, in a joint venture with Tulfra Realty Company, LLC, have announced the acquisition of a 36,000-square-foot industrial building located at 1901 East Linden Avenue in Linden, N.J., from U-Store-It. Hampshire’s investment was made on behalf of Hampshire Partners Fund VII, Hampshire’s $350 million institutional real estate investment fund. more »

Millions of American Homeowners Who Do Not Itemize on Federal Taxes Will Be Able To Take Additional Standard Deduction

Monroe, NJ - August 20, 2008 - (RealEstateRama) — U.S. Senator Robert Menendez, U.S. Rep. Rush Holt (NJ-12), and New Jersey Governor Jon Corzine were in Monroe today to discuss a new a property tax relief initiative that Menendez and Holt included in federal housing legislation signed into law by President Bush on July 30, 2008. more »

Somerset, N.J. - August 22, 2008 - (RealEstateRama) — The Hampshire Companies, a full-service, private real estate investment fund manager with equity in assets valued at more than $2 billion, has announced the acquisition of a 85,000-square-foot office building located at 19 Schoolhouse Road, Somerset, N.J. from Provident Partners, LLC and Provident Sunnyside NJ, LLC. The acquisition was made on behalf of Hampshire Partners Fund VII, Hampshire’s $350 million institutional real estate investment fund. more »

Edison, NJ - August 19, 2008 - (RealEstateRama) — Reacting to the NATIONAL ASSOCIATION OF REALTORS^®‘ (NAR) 2008 Second Quarter Metro Home Prices/State Resales report, the New Jersey Association of REALTORS^® (NJAR^®) Executive Vice President Jarrod C. Grasso, RCE today issued the following statement: more »

TRENTON, NJ - July 11, 2008 - (RealEstateRama) — New Jersey Department of Community Affairs (DCA) Commissioner Joseph Doria today announced 2008 Extraordinary Aid awards for calendar year budget municipalities.  more »

You can get information on the status (amount) of your homeowner or tenant rebate either online or by phone. 2007 rebate check information for homeowners who are under 65 and not disabled will not be available until the fall. more »

TRENTON, NJ - July 31, 2008 - (RealEstateRama) — Governor Jon S. Corzine and State Treasurer David Rousseau announced today that the Division of Taxation had begun mailing Homestead Rebate checks to nearly 1.3 million New Jersey households. more »

Checks reach record high average of $1,044

TRENTON, NJ - July 15, 2008 - (RealEstateRama) — Governor Jon S. Corzine and State Treasurer David Rousseau announced today that the Division of Taxation has begun mailing 2007 Property Tax Reimbursement (PTR) checks to qualified senior and disabled homeowners. Checks for the program — commonly known as the “Senior Freeze” program — will average a record high of $1,044 and are being sent out to more than 100,000 eligible recipients. more »