The Real Deal New York

New Jersey Market Report 2016 Issue

Sticker shock

Rising luxury home prices have spurred competition among top brokerages courting affluent buyers

By one measure, New Jersey’s residential market is robust, as rising sales are putting a dent in inventory. Yet the price tags on some luxury homes are giving buyers… [more]

Gauging the limits of Jersey’s luxury residential market

A look at the biggest home sales
and the biggest listing cuts
in Bergen County

For even well-off Manhattanites, the dream of raising a family in a traditional single-family home with a white picket fence, minivan, puppy and two or more… [more]

Barry’s world

Ironstate Development’s David Barry, one of NJ’s biggest developers, on Jersey City’s past, present and future

As a New Jersey native, David Barry has seen countless changes along the Hudson River. Less than two decades ago, Jersey City’s waterfront was primarily used as a shipping hub […]… [more]

Land ho!

New Jersey’s Gold Coast is seeing record prices but sales volume is showing signs of slowing in 2016

The Gold Coast of New Jersey has gotten so hot for developers in recent years that in many areas near the waterfront there is hardly any land left to go […]… [more]

Don’t call us Brooklyn!

Are Hoboken, Newark and Jersey City really the next Brooklyns? Not so fast...

It’s no secret that Brooklyn has experienced a transformative renaissance in the past decade. And while many cities in and around the New York metro area seek to have their […]… [more]

Playing both sides
of the Hudson

SJP Properties continues massive building streak in NJ, despite a
growing list of Manhattan projects

Steven Pozycki is Jersey to the core. So is the firm he founded, SJP Properties, long based in Parsippany, New Jersey. So it surprised some industry insiders… [more]

Trump’s New Jersey successes and blunders

The likely Republican presidential nominee has made some big bets
on the Garden State

The Republican front-runner and celebrity real estate mogul may be from Queens, New York, but for the last three decades Donald Trump has made it his mission… [more]

Hitting home

Foreclosed properties that originated in the housing boom are still on the New Jersey market

Headlines about the wave of foreclosures that swept the country a few years ago have begun to fade from memory. Yet in New Jersey, foreclosures that originated in the housing […]… [more]

New projects in new nabes

New Jersey’s developers branch out after smelling success on the waterfront

As the local economy continues to shake off the aftereffects of the previous recession, New Jersey developers have begun pouring money into big-ticket projects slated to put millions of new […]… [more]

Building boom forces developers to reach
for financing

Lenders are demanding a higher portion of equity in development deals

Developers hoping to get in on the boom rolling across Northern New Jersey may have a tougher go with lenders than they did a couple of years ago. While the […]… [more]

Obsolete office parks?

Examining the future of NJ’s suburban corporate sprawl

With an increasing number of companies moving toward urban cores, the future of New Jersey’s sprawling suburban office parks and large corporate plazas is in question. The Garden State, in […]… [more]

Timeshare trials and tribulations

New Jersey’s vacation home sharing culture looks to the north for salvation

When New Jersey voters go to the polls on Nov. 3, they will be asked — among other things — to approve the licensing of two new casinos in northern […]… [more]

Celebs aren’t immune
to price cuts

Even the stars have to contend
with the real estate forces at play
in today’s market

Celebrities have been slashing prices on their Jersey crash pads, with actors, singers, talk show hosts and quarterbacks all in search of deep-pocketed buyers…. [more]