Montclair Enacts New Rent Control Ordinance
Despite some pushback, the town’s council passed a rent control law that will limit annual increases on apartment leases to 4.25% and 2.5% for seniors.
Ceiling Collapses in West Ward Apartment in Newark, Tenant Evacuated
“You know how someone’s walking on squeaky floors — that’s what it sounded like." Moments later, the living room ceiling caved in, dumping decades of accumulated dust and debris throughout the home.
Honeywell Gets $2 Million Credit for Bayfront Parks
Jersey City’s long-planned Bayfront project was awarded a $2 million tax credit last week by the state’s Economic Development Authority that will go towards its parks and open space components, moving the project one small step closer to becoming a reality.
Jersey City’s Property Tax Rate Finalized at 1.48%
Following the city’s first revaluation in almost three decades, their certified tax rate came in lower than expected.
Study Ranks Newark as the Worst City for Millennials
Rent.com gave the Brick City low marks in several metrics including median income, unemployment rate, and cost of living.
