Yearly Archives: 2011

WASHINGTON, DC - March 29, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced funding to investigate and enforce fair housing laws in New Jersey. The Senators announced that New Jersey has been awarded $325,000 by the Department of Housing and Urban Development (HUD) to address discriminatory housing practices in New Jersey

NEWARK, N.J. - March 29, 2011 - (RealEstateRama) -- The Berger Organization has purchased a controlling interest in 570 Broad Street LLC, a partnership, and will manage and operate the central business district office building of the same name. Originally constructed in 1960, the 15-story tower offers a total of 200,000 square feet of office space with ground-floor retail space.

HAMILTON, N.J. - March 28, 2011 - (RealEstateRama) -- Lennar’s dramatic offer to save buyers a substantial amount of money when purchasing a new home will culminate with a national Spring Savings Event on April 9th and 10th at its residential communities throughout New Jersey.

MONROE and CRANBURY, N.J. - March 25, 2011 - (RealEstateRama) -- A six-building, 1,026,634-square-foot industrial portfolio in the New Jersey Turnpike Exit 8A submarket has been sold, announced Cushman & Wakefield Inc.'s Metropolitan Area Capital Markets Group, East Rutherford, N.J. The Capital Markets Group team of Andrew Merin, David Bernhaut, and Gary Gabriel, along with industrial sales and leasing specialists Frank Caccavo and Jason Goldman, who are based at the firm’s Edison, N.J., office represented the seller, BlackRock, and procured the buyer, Morgan Stanley’s Prime Property Fund.

MONROE and CRANBURY, N.J. - March 25, 2011 - (RealEstateRama) -- A six-building, 1,026,634-square-foot industrial portfolio in the New Jersey Turnpike Exit 8A submarket has been sold, announced Cushman & Wakefield Inc.'s Metropolitan Area Capital Markets Group, East Rutherford, N.J. The Capital Markets Group team of Andrew Merin, David Bernhaut, and Gary Gabriel, along with industrial sales and leasing specialists Frank Caccavo and Jason Goldman, who are based at the firm’s Edison, N.J., office represented the seller, BlackRock, and procured the buyer, Morgan Stanley’s Prime Property Fund.

Fairfield, NJ - March 25, 2011 - (RealEstateRama) -- What is the main reason home buyers visit real estate websites? To search for listings! RE/Advantage has successfully worked with many agents, offices and boards/MLSs to create a user friendly listings search. With this IDX solution real estate professionals can display thousands of listings from their website and maintain their branding on every listing!

ALLAMUCHY, N.J. - March 25, 2011 - (RealEstateRama) -- The newest decorated townhome at Mountain Ridge at Panther Valley is receiving rave reviews, prompting developer Baker Residential to showcase the residence with a special day highlighting the three-bedroom Pine design.

EUGENE, OR - March 24, 2011 - (RealEstateRama) -- Farmbrook Realty Broker Anita Bineau has partnered with IDX, Inc. to deliver potential buyers a dynamic and simplified real estate resource. Searching for a home has never been easier for New Jersey home seekers, as the Garden State MLS (GSMLS) listings are now seamlessly integrated onto the search page Bineau hosts, giving buyers thousands of options to consider in their real estate search.

FORT MONMOUTH N.J. - March 24, 2011 - (RealEstateRama) -- Residents in flood-damaged homes should begin cleanup as soon as it is safe to re-enter their houses because mold can create serious health problems, according to disaster recovery and health officials.

SOMERSET, N.J. - March 18, 2011 - (RealEstateRama) -- A combination of desirable assets are responsible for the brisk sales which have positioned Canal Walk in Somerset County at the top of New Jersey’s active adult marketplace.

FORT MONMOUTH N.J. - March 18, 2011 - (RealEstateRama) -- Despite being the nation's number one natural disaster, statistics continue to show that most people ignore the risks associated flooding and do not purchase flood insurance. Since the year 2000 there have been 11 declared disasters in New Jersey, 7 of which included severe flooding, yet only a relatively small number of New Jersey households have flood insurance through the National Flood Insurance Program (NFIP). These low figures cause concern amongst officials with the Federal Emergency Management Agency (FEMA).

LOPATCONG, N.J. - March 17, 2011 - (RealEstateRama) -- Larken Associates will host an open house on Sunday, April 10th for two new model residences recently completed at Belview Estates, the intimate collection of upscale single-family homes in Warren County’s Lopatcong Township.

TRENTON, NJ - March 15, 2011 - (RealEstateRama) -- The New Jersey Department of Banking and Insurance has proposed regulations that will temporarily allow financially healthy companies offering mortgage guaranty insurance, which covers lenders for losses if a borrower defaults on a mortgage loan, to seek a waiver of some financial requirements. Granting that waiver will ensure the continued widespread availability of mortgage guaranty insurance, also known as private mortgage insurance (PMI), which is generally required for prospective home buyers who make less than a 20 percent down payment when purchasing their home, and will help stimulate the housing market.

Hamilton, NJ - March 15, 2011 - (RealEstateRama) -- The New Jersey Builders Association (NJBA) is pleased to announce its annual Industry Awards recipients. These awards honor professionals who have made outstanding contributions to housing and/or the building industry in New Jersey. The awards will be presented at 12:30 p.m. on Thursday, April 7, 2011 at the Atlantic City Convention Center during the NJBA Annual Industry Awards Luncheon featuring Lori Grifa, Commissioner of the Department of Community Affairs who will be the Keynote Speaker

WESTFIELD, N.J. - March 9, 2011 - (RealEstateRama) -- When Westfield residents Arlene and Donald Roden started their search for a new home, they had a difficult time finding one that was the right fit for them

NEWARK, NJ - March 9, 2011 - (RealEstateRama) -- The Office of the Attorney General and State Division of Consumer Affairs this week filed administrative actions against 11 unlicensed businesses offering “mortgage loan modification” services for homeowners in dire financial straits. State law requires that anyone providing these services in New Jersey be licensed as a Debt Adjuster by the Department of Banking and Insurance, or be otherwise authorized

Red Bank N.J. - March 8, 2011 - (RealEstateRama) -- The sales associates and office staff of the Holmdel, Brick, Point Pleasant, Spring Lake, Ocean, Manalapan/Freehold, Middletown, Pennington Princeton and Princeton Junction offices of Gloria Nilson REALTORS®, Real Living® recently went red for the day when they participated in National Wear Red Day for Women, sponsored by the American Heart Association, to help bring attention to the number one killer of New Jersey and American females – cardiovascular disease.

WEST ORANGE, N.J. - March 8, 2011 - (RealEstateRama) -- Heidi Katz, a professional and single mother, woke up in the five-bedroom Colonial in Livingston where she lived with her daughter Steffanie, 17, and uttered two words to herself: “I’m done."

FREEHOLD, N.J. - March 8, 2011 - (RealEstateRama) -- Lennar is turning March into a month of incredible savings for active adult buyers starting with a special St. Patrick's Day Weekend event this weekend, Saturday and Sunday, March 12th and 13th, at its Greenbriar residential communities in New Jersey.

MONMOUTH JUNCTION, N.J. - March 7, 2011 - (RealEstateRama) -- With the announcement that The Pointe at Turnbury passed the 50 percent sold mark last month; sales activity at the active adult community in Monmouth Junction has risen sharply as buyers try to claim their choice of home design and location before the opportunities run out. One model they are looking is the Baybury home, which offers unique features and represents one of the best values in this 55-and-better townhome community.