Newjersey RealEstateRama

WASHINGTON, D.C. - April 22, 2014 - (RealEstateRama) -- The LLRC (Lakewood Resource and Referral Center) and STEPS (Solution to End Poverty Soon) are sponsoring a free program for first-time Ocean County homebuyers Sunday, April 27, 2014, from 2:00 to 5:00 p.m. in the Main Auditorium of the Lakewood Municipal Building, 231 Third Street, Lakewood, NJ 08701.

WASHINGTON, D.C. - April 18, 2014 - (RealEstateRama) -- Assembly Deputy Republican Leader Anthony M. Bucco said he is pleased to hear of the support for repealing the estate and realty transfer taxes which lead New Jersey residents to leave the state for a more tax-friendly climate. Bucco sponsors two bills in the Assembly (A-397 and A-389) that address both issues which he has sponsored in the previous legislative session as wel

WASHINGTON, D.C. - April 15, 2014 - (RealEstateRama) -- Today is the final day for filing federal and state income taxes. Assembly Republican Leader Jon Bramnick said the deadline is a reminder that reducing the tax burden should be the highest priority for legislators

WASHINGTON, D.C. - April 14, 2014 - (RealEstateRama) -- A group of New Jersey members of the U.S. House of Representatives sent a letter to Secretary Shaun Donovan of the U.S. Department of Housing and Urban Development (HUD) and Acting Chair Michael Boots of the Council on Environmental Quality (CEQ) requesting that they attend a N.J. congressional delegation meeting to hear out questions and concerns from the delegation and state lawmakers as to why the process for helping homeowners recovering from Superstorm Sandy is taking so long. The lawmakers want to discuss what can be done to assist the 4,000 homeowners who still are not in their homes nearly a year and half after the October 2012 storm and what might be done to properly modify any other procedures that may be delaying reconstruction

WASHINGTON, D.C. - April 10, 2014 - (RealEstateRama) -- As the discussion continues on how to make New Jersey a more affordable place to live, work and retire, Assemblyman Jack Ciattarelli said he is requesting the Office of Legislative Services (OLS) to conduct a study that analyzes the State’s estate tax, transfer inheritance tax, and pension exclusion when filing an income tax return. Ciattarelli believes a comprehensive review of these tax laws will lead to reforms that will make New Jersey economically vibrant and more retirement friendly.

WASHINGTON, D.C. - April 8, 2014 - (RealEstateRama) -- Assembly Republican Leader Jon Bramnick will introduce legislation that encourages homeowners to expand and protect the native habitats of birds, plants and other wildlife. Bramnick is joined by Assembly Appropriations Chairman John Burzichelli, D-Gloucester, as a sponsor of the legislation.

Hamilton, NJ - April 3, 2014 - (RealEstateRama) -- The New Jersey Builders Association (NJBA) is pleased to announce that David B. Fisher, PP, AICP, Vice President of Governmental Affairs for K. Hovnanian Homes, was installed as President of the New Jersey Builders Association (NJBA) today at the 65^th Annual Atlantic Builders Convention (ABC) in Atlantic City, New Jersey.

WASHINGTON, D.C. - April 1, 2014 - (RealEstateRama) -- Asembly Republican Declan O’Scanlon applauded the actions of the more than 40 municipalities and counties that had to scramble over the weekend and today in order to formally file for interest arbitration

WASHINGTON, D.C. - March 31, 2014 - (RealEstateRama) -- In response to the Assembly’s failure to act on the expiring arbitration cap, Assemblyman Declan O’Scanlon issued the following statement “It is quite frankly heart-breaking to me that the leadership of my house, all of whom are my friends, are leading New Jersey property taxpayers off a cliff.

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assemblyman Jack Ciattarelli, R-Somerset, Hunterdon, Mercer and Middlesex, provided the remarks below regarding the Democrat’s alternate arbitration bill, A-3067, which was approved today during the General Assembly’s voting session

WASHINGTON, D.C. - March 28, 2014 - (RealEstateRama) -- Assembly Republican Budget Officer Declan O’Scanlon, R-Monmouth, issued the following statement after the Senate voted overwhelmingly to concur with Governor Christie’s conditional veto of A-3067, extending the interest arbitration cap through the end of 2017

WASHINGTON, D.C. - March 24, 2014 - (RealEstateRama) -- Mayor Mark A. Smith announced that the introduced 2014 municipal budget contains no increase in the municipal property tax levy. Mayor Smith said, “My Administration has worked hard for more than five years to streamline local government and to get municipal spending under control. We reduced the number of municipal departments from nine to four. We reduced total municipal debt by over 40%, and ended the practice of bonding for current expenditures.” Mayor Smith continued, “Over the past five years we have slowed the growth of municipal spending and this year, we have stabilized the municipal tax levy despite cuts in state aid, increased pension costs and increases in snow costs during the winter that just ended.

TRENTON - March 12, 2014 - (RealEstateRama) -- Acting Attorney General John J. Hoffman announced that a Middlesex County man pleaded guilty today to receiving more than $50,000 worth of stolen property, which he subsequently sold on Craigslist.com.

WASHINGTON, DC - March 12, 2014 - (RealEstateRama) -- Today, Congressman Frank Pallone, Jr. (NJ-06) announced that the Federal Emergency Management Agency (FEMA) will extend the state of New Jersey’s request for temporary housing assistance for residents impacted by Superstorm Sandy for an additional three months. Temporary housing assistance from FEMA automatically expires eighteen months from the original date of a major disaster declaration. Congressman Pallone had originally asked that FEMA extend assistance for an additional six months.

WASHINGTON, D.C. - February 21, 2014 - (RealEstateRama) -- The Consumer Affairs Committee today advanced a bill sponsored by Assemblyman A. Brown to protect families from fraud when buying or renting major appliances. “Unscrupulous people who are trying to take advantage of those recovering from Superstorm Sandy need to be stoped. This bill will work to protect our consumers,” Brown said. “After Superstorm Sandy, we have become aware of the long-term effects of flood damage to homes, cars, and appliances like washers, dryers, and refrigerators. Problems resulting from water damage may not become apparent until weeks or months later. People just want to get on with their lives.”

WASHINGTON, D.C. - February 14, 2014 - (RealEstateRama) -- U.S. Representatives Frank LoBiondo (NJ-02) and Bill Pascrell (NJ-09) today announced that the full House will vote in February on new flood insurance legislation to address the increases in many premiums mandated under the 2012 Biggert-Waters Flood Insurance Reform law. The new bill will meld provisions from the previously-introduced legislation by Reps. Michael Grimm (NY-11) and Maxine Waters (CA-43) – which LoBiondo and Pascrell were cosponsors – and proposals from Rep. Bill Cassidy (LA-06). The new legislation will also permanently remove the home sale rate increase trigger for homeowners looking to sell, thus providing certainty to the real estate market

Hamilton, NJ - February 14, 2014 - (RealEstateRama) -- The 65th Annual Atlantic Builders Convention (ABC) is scheduled for March 25-27, 2014 at the Atlantic City Convention Center in Atlantic City, NJ. It is the largest convention for the building industry in the Northeast attracting more than 6,500 attendees and housing nearly 400 exhibits

WASHINGTON, D.C. - February 14, 2014 - (RealEstateRama) -- Citing a report today that a Paterson police officer on paid suspension for alleged sexual assault may cash in $70,000 worth of unused leave when he retires, Deputy Republican Leader Nancy F. Muñoz said there is no excuse for not ending such an egregious and costly practice

TRENTON - February 10, 2014 - (RealEstateRama) -- The Christie Administration today announced the Federal Emergency Management Agency (FEMA) has awarded the state $26.3 million in federal Hazard Mitigation Grant Program funding for the voluntary acquisition of 89 homes in flood-prone sections of Woodbridge. This action is part of the Administration’s plan to buy out homes from willing sellers impacted by Superstorm Sandy to preserve the land as open space and protect against future flooding

WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- Mayor Mark A. Smith has extended the grace period for paying first quarter property tax payments to Tuesday, February 18. The original end of the grace period had been Monday, February 10. Mayor Smith extended the deadline, because winter weather conditions made it difficult for some property owners to make payments. Payments made by Tuesday, February 18, will avoid a late fee.