Home real estate markets intensified in 2021 due to what appears to have been a buyer frenzy that drove single-family home prices steeply upward across the State of New Jersey. More single-family homes closed despite fewer listings in New Jersey.
Topic
real estate
COVID-19 is giving many New Jersey suburbs a big boost
Most sectors of the commercial real estate market in New Jersey have been badly hurt by the COVID-19 pandemic, but that’s not the case with residential real estate. It turns out home sales in many parts of the Garden State are doing great. According to Rutgers...
COVID-19 is giving many New Jersey suburbs a big boost
Most sectors of the commercial real estate market in New Jersey have been badly hurt by the COVID-19 pandemic, but that’s not the case with residential real estate. It turns out home sales in many parts of the Garden State are doing great. According to Rutgers...
The changing work habits caused by COVID-19 could give NJ suburban office space a boost
For nearly four months, a large chunk of New Jersey has been working from home. Now, even though the state’s reopening is on pause, employers are preparing for an eventual return to the workplace — and experts familiar with the North Jersey suburban office market are...
Five-star luxury hotel, conference center eyes former Hoffmann-La Roche site
Throughout the region, millennials and the employers seeking to attract them want office environments with an urban feel, even if that means creating a mini-downtownwithin a suburban office park by adding walkways, restaurants and housing. In their evolution from the...
North Jersey office boom, 30 years later: Here's what happened to all those buildings
Nearly all of the office buildings in North Jersey were built during a 1980s construction boom, and they are therefore roughly the same age. But they have vastly different life expectancies. Some have been given up for dead and are scheduled for demolition. Others are...
Have Office Parks Become Obsolete?
The same demographic trends threatening New Jersey’s malls have left the state with dozens of abandoned office parks—sometimes referred to as “gray fields”—and countless vacancies in suburban office buildings. Lately, however, technology has changed the workplace...
Results of 8th annual NJBankers Economic Survey released
The New Jersey Bankers Association, in conjunction with the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, has released the results of the eighth annual NJBankers Economic Survey of Bank CEOs. The survey inquired about national and...
More businesses moving into Central Jersey
Rutgers economist James Hughes said many of the office buildings in Central Jersey were constructed 30 to 35 years ago, “however a number of properties have been repositioned, they have been upgraded, their information technology systems are state of the art.”...
Business Leaders Meh About NJ's Prospects But Optimistic for National Economy
New Jersey’s top business leaders are optimistic about the direction that the national economy is heading in this year, but as the state gets ready to elect a new governor, they are more cautious about New Jersey’s own immediate economic future. The results of a new...
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