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REAL ESTATE
Property in this N.J. county sold in 18 days. See full list.
Homes in Somerset County sold within 18 days of hitting the market in June, according to Realtor.com. In a dozen New Jersey counties, homes sold in less than 25, days with Morris, Union, Essex, Burlington, Passaic, Middlesex, and Bergen topping the list. Homes took the longest to sell in Cape...
Millburn Township Attorney Shares Affordable Housing Update & Residents Weigh In
MILLBURN, NJ – Millburn Township Attorney Jarrid Kantor provided an update on the affordable housing situation. “As everybody knows, this governing body is committed to its affordable housing obligations. It is committed to doing it the right way for the residents, and not only the residents of the township, but also low and moderate income individuals who would be moving into this community.” Kantor spoke about the township being given the opportunity to find alternate sites. He reported that after spending a great deal of time researching, the administration identified two locations. Kantor also reminded attendees about...
SAGE: Investor buys 31-unit Elizabeth apartment building for $4.2 million
105 Grove St. in Elizabeth — Courtesy: SAGE Investment Real Estate Advisors. A private investor has acquired a 31-unit apartment building in Elizabeth for $4.2 million, in a newly announced deal by SAGE Investment Real Estate Advisors. Located in the city’s Elmora section, the property at 105 Grove St....
Surprises Inside – Take a Tour of New Jersey’s Strangest House
At first glance, this home looks straight out of a sci-fi movie, but it's not. If the outside is this intriguing, imagine what the inside looks like. This unusual house is in Harding Township (Morristown) in Morris County. 75 Sand Spring Rd. is the location of this 14,000-square-foot home sitting...
Housing Lottery Launches for Harborview Senior Apartments at 80 Scarboro Avenue in Shore Acres, Staten Island
The affordable housing lottery has launched for Harborview Senior Apartments, a three-story residential building at 80 Scarboro Avenue in Shore Acres, Staten Island. Designed by Stanley M. Krebushevski, the structure yields 72 residences. Available on NYC Housing Connect are 31 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $56,538 to $218,010.
Real estate prices on Staten Island have climbed significantly in past month, report says
STATEN ISLAND, N.Y. – If you want to buy a home on Staten Island, you’ll most likely have to dish out a little more than $700,000. According to a newly released report from the Staten Island Board of Realtors (SIBOR), borough home prices have climbed over the past month and the median home price here now hovers at $716,500.
2 buildings on St. George Avenue in Roselle sell for $1.2M
Zimmel Associates has successfully negotiated the sale of two prominent buildings located at 223-235 St. George Ave. in Roselle for $1.2 million. The name of the buyer was not disclosed. One property, which spans 0.74 acres, includes a 2,600-square-foot Jiffy Lube, a tenant since the late ’80s. The adjacent mixed-use...
Response to transformation of former industrial site in Somerville 'extremely positive'
SOMERVILLE – The first townhome apartments are being rented in the newest residential community to open in Somerville. Kirby Village, a 174-unit project on the former Baker & Taylor site on Kirby Avenue in the far southeastern corner of the county seat, has completed Phase 1 of the project and the first tenants are beginning to move in.
See homes sold in the Perth Amboy area, July 8 to July 14
The following is a listing of all home transfers in the Perth Amboy area reported from July 8 to July 14. There were 5 transactions posted during this time. During this period, the median sale for the area was a 1,060-square-foot home on Lee Street in Perth Amboy that sold for $450,000.
Staten Island realtor service launches multilingual home search tool
STATEN ISLAND, N.Y. – The Staten Island Multiple Listing Service (SIMLS) has launched a new tool designed to assist a broader and more diverse audience of consumers on the path to homeownership. “At the Staten Island Multiple Listing Service, our realtor subscribers serve a diverse set of clients, and...
Kislak's S.V.P. Janet Bortz & E.V.P. Joni Sweetwood arrange exclusive bulk sale of 46 Units in Union County, New Jersey
Woodbridge, NJ — The Kislak Company, Inc. announced the recent bulk sale of 46 units at Tudor Court, a cooperative with a total of 85 units, at 800-822 North Broad Street in Elizabeth, Union County, for $5.2 million. Kislak marketed the units, which represent a majority of the cooperative,...
Industrial user takes 21,000 sq. ft. near Port Newark, in deal arranged by Blau & Berg
475 Division St. in Elizabeth — Courtesy: The Blau & Berg Co. The owner of a 175,000-square-foot industrial complex in Elizabeth has secured a new tenant with a recently completed, 21,000-square-foot lease at the property. According to The Blau & Berg Co., which brokered the transaction, the space at...
Tech Bytes: News from VestaPlus, NEO, zavvie, Reliance
Editor's note: Technology is a driving force in real estate. From startups to established players, tech companies are constantly innovating, growing and forging partnerships. Here we highlight some of the latest news about the companies that help power the industry. Staten Island MLS adds Checkmate to enhance listings quality. Staten...
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