Blogroll
DCA AWARDS $52.3 MILLION IN AFFORDABLE HOUSING FUNDS
July 7, 2008 Posted by New Jersey Real Estate
TRENTON, N.J. – Department of Community Affairs (DCA) Commissioner Joseph V. Doria, Jr. and New Jersey Housing & Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today announced the award of $52.3 million in affordable housing funds. $15.1 million of the funding is from Federal Low Income Housing Tax Credits (LIHTC) and $37.2 million […]
Homestead Property Tax Rebate Applications to be Mailed
July 1, 2008 Posted by New Jersey Real Estate
TRENTON – State Treasurer David Rousseau announced today that New Jersey homeowners who are under 65 years of age and who are not disabled will begin to receive their 2007 homestead rebate applications this week. The Division of Taxation will be mailing application packets to eligible homeowners over the next two weeks. This is the […]
The Hampshire Companies Inks Two Lease Deals At Office Building in Saddle Brook, N.J.
July 1, 2008 Posted by New Jersey Real Estate
Saddle Brook, N.J. (June 26, 2008) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has inked two lease deals totaling 9,401 square feet at its Class-A office building, Park 80 East, located at 160 Pehle Avenue in Saddle Brook, N.J. The […]
Woman Pleads Guilty to Money Laundering for Assisting Boyfriend in $3 Million Mortgage and Investment Scams
June 27, 2008 Posted by New Jersey Real Estate
TRENTON - Attorney General Anne Milgram and Acting Criminal Justice Director Deborah Gramiccioni announced that a Monmouth County woman pleaded guilty to money laundering today in connection with a series of mortgage and investment scams allegedly orchestrated by her boyfriend through which they stole more than $3 million from victims.
Grubb & Ellis Company Announces Recent Transactions
June 24, 2008 Posted by New Jersey Real Estate
Grubb & Ellis (06/20/2008) - PHILADELPHIA (June 16, 2008) - Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced the following transactions:
Introduction to Commercial Investment Real Estate
June 20, 2008 Posted by New Jersey Real Estate
An introductory course in commercial investment real estate will be offered on a no-cost scholarship basis to qualified minority real estate professionals in the greater New Jersey metro area June 26-27, 2008, through CCIM Institute, an affiliate of the National Association of Realtors® and a leader in commercial investment real estate education.
Attorney General Announces Mortgage Fraud Lawsuits
June 18, 2008 Posted by New Jersey Real Estate
TRENTON — Attorney General Anne Milgram filed mortgage fraud lawsuits against 36 defendants charging consumer fraud and civil racketeering by various mortgage brokers, real estate entities and others throughout New Jersey.
The unrelated complaints accuse defendants of inducing consumers to buy property on the basis of false promises and misrepresentations, and of taking out mortgage loans […]
Hampshire Partners Fund VII Acquires Self Storage Facility in Berkley Heights, N.J.
June 12, 2008 Posted by New Jersey Real Estate
Berkley Heights, N.J. (May 30, 2008) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the acquisition of a 98,170-square-foot self storage facility located at 310 Synder Avenue in Berkley Heights, N.J. from Tuckaway Mini Storage, Inc. The acquisition was […]
Young Condo Buyers Taking the Next Step in Luxury Living
June 11, 2008 Posted by Tracey Markow
—Former Hoboken and Jersey City Renters are Finding Unmatched Value When Buying a Siena Condo in Montclair, NJ—
MONTCLAIR, N. J. (June 9, 2008)—For several years, young renters have been drawn to New Jersey’s Gold Coast because of the unique atmosphere, dynamic nightlife, and easy access to Manhattan. Today, many of these renters blossomed into prospective […]
Filing Deadlines Extended for 2007 Homestead Rebate and Senior Freeze Program Applications
June 6, 2008 Posted by New Jersey Real Estate
TRENTON – State Treasurer David Rousseau today announced that the deadline for New Jersey’s senior and disabled homeowners to file 2007 Homestead Rebate applications has been extended to August 15, 2008. The deadline for filing a 2007 Senior Freeze (Property Tax Reimbursement) application has also been extended to August 15. The original deadline for applications […]
New Jersey REALTORS® Celebrate National Homeownership Month
June 5, 2008 Posted by New Jersey Real Estate
(Edison, NJ) Owning a home is part of the American dream, a fact celebrated during National Homeownership Month each June. In New Jersey where the average price of an existing single-family home is approximately $376,400, this dream is unaffordable for many New Jersey residents. Throughout the month, the New Jersey Association of REALTORS® (NJAR®) will […]
Metro Commercial Hosts Groundbreaking Ceremony in Merchantville, NJ
May 23, 2008 Posted by New Jersey Real Estate
Merchantville, NJ – May 22, 2008 – Metro Commercial, the region’s largest full-service retail real estate firm, hosted a groundbreaking ceremony this week as construction kicked-off on the Renaissance Building, a $3 million commercial redevelopment project in historic Merchantville, NJ.
New Jersey REALTORS® Emphasize Housing Message on Capitol Hill
May 21, 2008 Posted by New Jersey Real Estate
Edison, NJ - Member of the New Jersey Association of REALTORS® (NJAR®) joined with their colleagues from around the country last week in Washington, D.C. at the NATIONAL ASSOCIATION OF REALTORS® (NAR) Midyear Legislative Meetings & Trade Expo. During the meetings, New Jersey REALTORS® met with their congressional representatives’ offices to express their concerns on a […]
New Jersey Defies National Housing Trends: Home Sales Up 4 Percent
May 21, 2008 Posted by New Jersey Real Estate
(Edison, NJ) Sales volume of existing single-family homes, condominiums and co-ops in the first quarter of 2008 increased 4 percent from the same period last year, indicating New Jersey continues to defy national real estate trends. According to statistics released by the NATIONAL ASSOCIATION OF REALTORS® (NAR) today, New Jersey’s seasonally adjusted annual rate of […]
Provision Would Allow Millions of American Homeowners Who Do Not Itemize on to Take Additional Standard Deduction
May 21, 2008 Posted by New Jersey Real Estate
Washington, D.C. – May 8, 2008 - The U.S. House of Representatives today passed a package of measures to address and stabilize the current housing crisis, and the package includes an initiative that Rep. Rush Holt (NJ-12) championed to create a new property tax deduction for American homeowners who are suffering from high property tax […]