Yearly Archives: 2014

Gebroe-Hammer Associates’ investment brokerage activity in Northern New Jersey and Pennsylvania is nearing unprecedented levels as multifamily buyers and sellers seek properties with rent-growth and value-add potential. The firm’s area market specialists recently arranged 12 sales involving 463 units.

Today, the New Jersey Association of Realtors announced it has rebranded and will now be known as the New Jersey Realtors, or NJ Realtors for short. In addition to its new name, the organization has revealed a new logo and website, all designed to enhance the member and consumer experience

Transaction activity in Essex County, N.J.’s multi-family investment market continues to accelerate, as indicated by the recent sale of a $3.77 million asset in Belleville arranged by Gebroe-Hammer Associates. The firm’s market specialist team of Vice Presidents Nicholas Nicolaou and Stephen Tragash exclusively represented the seller and identified the buyer

EATONTOWN, N.J. - October 23, 2014 - (RealEstateRama) -- Nearly two years after Hurricane Sandy, FEMA officials marked the conclusion of their housing mission in New Jersey.On September 11, 2014, FEMA returned the last of the Fort Monmouth properties that have housed displaced survivors of Hurricane Sandy since December of 2012. All of the 115 families who occupied the apartments and duplexes on the main post and in the Megill Commons area in Tinton Falls had either returned to their own homes or found a suitable housing alternative.

MONROE TOWNSHIP, N.J., - October 7, 2014 - (RealEstateRama) -- The New Jersey Apartment Association (NJAA) will host educational programs in October and November designed to help industry professionals gain knowledge and elevate their skills. NJAA offers a diverse selection of comprehensive education and certification courses throughout the year for members and non-members as part of its commitment to advancing the multi-family housing industry in New Jersey.

WASHINGTON, D.C. - August 19, 2014 - (RealEstateRama) -- NJAA members earn Continuing Education Credits (CECs) towards National Apartment Association Designations (NAA) at each session they attend. Programs will be held at NJAA, 104 Interchange Plaza, Suite 201, Monroe Township, N.J. unless otherwise noted. For details and event registrationMONROE TOWNSHIP, N.J., August 18, 2014 – The New Jersey Apartment Association (NJAA) will host two educational programs in September designed to help industry professionals gain knowledge and elevate their skills. NJAA offers a diverse selection of comprehensive education and certification courses throughout the year for members and non-members as part of its commitment to advancing the multi-family housing industry in New Jersey

LINCROFT, N.J. - May 29, 2014 - (RealEstateRama) -- Millions of people enjoy living near the water, but few people actually want to live in it.

TRENTON – The Superstorm Sandy Blue Acres Program has completed 107 closings on Sandy-damaged homes in Sayreville and South River, and is moving towards the first home purchases this spring and early summer in Woodbridge, East Brunswick and Newark, Department of Environmental Protection Commissioner Bob Martin announced today

TRENTON - April 22, 2014 - (RealEstateRama) -- The Christie Administration today announced the state is closing in on the first buyouts of Superstorm Sandy-damaged homes in Woodbridge and East Brunswick, in Middlesex County, with appraisals completed and offers beginning to be made on 89 homes in Woodbridge and a 7-home neighborhood in East Brunswick

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 17, 2014 - (RealEstateRama) -- We are pleased to announce that Caliber Home Loans, Inc. is now New Jersey Builders Association (NJBA) Master Sponsor. Caliber Home Loans, Inc. is a full-service national mortgage lender and agency. It offers innovative servicing solutions for both conforming and non-conforming loans. The company is led by a veteran senior management team that consists of mortgage banking professionals with a history of building successful national mortgage operations. Caliber is owned by Lone Star Funds, a global private equity fund. The company is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, and approved issuer for Ginnie Mae and is a servicer for FHA, VA and the USDA. Caliber carries multiple servicer ratings from Standard & Poors, Moody’s, Fitch and DBRA

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