Jersey City Ranks Third Nationally for Highest Rent
A new report out on rental trends confirms what we already knew, rent prices are rising. Nationwide, rents are up 2.3% year over year. More surprisingly, Jersey City ranks #3 nationally for the highest median rent.
Is 2017 the Year of the Renter in Jersey City?
With rising inventory, stagnant rents, and landlord concessions, 2017 has been dubbed 'The Year of the Renter' in Manhattan and Brooklyn. Has this market spread to our side of the river?
New Report Looks at the Health of Jersey City’s Rental and Condo Markets
An analysis of 2017 trends shows that despite an increase in inventory, the prices for space in New Jersey’s second largest city increased.
Millburn Home Makes Record Sale in Housing Market Driven by ‘Lifestyle Shift’
81 Mountain Avenue is the most expensive home ever sold in town at over $2.5 million.
Report Says North Jersey is 5th Most Competitive Rental Market in U.S.
A new study claims that North Jersey is one of the hottest rental markets in the country.
Study Says North Jersey is America’s Toughest Rental Market This Year
If you think finding a place to rent in the Garden State has become impossible lately, one recent analysis of New Jersey’s rental properties feels your pain.
Downtown Jersey City Condo Prices are Rising Quickly. Why?
Not so long ago the global financial crisis hit Jersey City hard. The mid-2000’s brought a development boom much like the one we’re seeing...
It’s Time to Build Condos Again Says Cushman’s Brian Whitmer
Globe Street recently sat down for an exclusive interview with Brian Whitmer, head of Cushman & Wakefield’s Metropolitan Area Capital Markets Group. In the interview, Whitmer talks about the New Jersey multi-family market and urges developers to start transitioning from rental to condo projects.
Appreciate the Appreciation: Bergen-Lafayette Home Prices Trend Ever Higher
As Manhattan continues to push outward, any area that has an easy commute into the city is fast becoming developed. With less than a 40-minute door-to-door commute into the Financial District, Bergen-Lafayette is primed for a real estate boom.