for sale: New Jersey Apartment Complexes | Multi Family Investing
- 05/09/11 10:49 AM
As the Northern New Jersey housing market works into its final stages of finding the bottom in many sub-markets, more and more demand for rental units continue to heat up. Challenging home financing requirements, foreclosed / short sale homeowners who are pretty much forced to rent, and preference of lowering personal living expenses are just a few reasons for why people are renting, resulting in lower vacancy rates. As a result, more investors are on the hunt for New Jersey apartment complexes for sale. Finding the right apartment complex or multi-family dwelling can be tedious but tremendously rewarding. As inflation nears, … (0 comments)
for sale: Distressed / REO Florida Apartment Complexes
- 10/17/10 03:17 AM
We have been preaching multi-family real estate investing for almost 2 years now. The reason is simple. More foreclosures, less credit, less loans. The rental market has surged over the last 18 months. Rental rates are increasing and inventory is much tougher to find. Our team provides real estate investors of Florida apartment complexes a full service. We assist in identifying the asset, negotiating the price, and budgeting a Capital Expenditure report, all the way through stabilization. You will find hundreds of apartment complexes for sale on LoopNet and eBay. My feeling is that once an apartment complex that is distressed … (3 comments)
for sale: Lehigh Acres FL Duplexes for sale
- 10/15/10 04:25 AM
As the pioneers of the Lehigh Acres FL duplex investment opportunity, we continue to buy cheap from the banks for our clients all over the country. Lehigh Acres has been very popular this year for 2 major reasons. 1. Affordable Living: You can get way more for your dollar renting in Lehigh than you can in Ft. Myers and/or Cape Coral. 2. Location / Convenience: Just minutes from I-75, State Rd. 82, and Lee Blvd. It is impossible to get a more convenient location to all the retail, businesses, and highways. From a real estate investors perspective, Lehigh residential rental units … (0 comments)
for sale: Franklin Lakes NJ August 2010 Real Estate Report | Homes for sale | Sold
- 09/22/10 04:11 AM
Everyone loves Franklin Lakes NJ Real Estate. Jersey Housewives, great schools, unbelievable appeal, etc. The housing market is still looking for its equilibrium but I have to admit, there are some killer deals out there today. This is the first time in my career I have seen an inventory of beautiful colonial homes with at least 3 bedrooms and 2 baths for under $750,000. Taxes are ranging from $6,000 to $9,000 for these homes which is favorable for homeowners. If you are looking to buy or sell a home in Franklin Lakes, NJ, we would value an opportunity to discuss the … (0 comments)
for sale: Franklin Lakes NJ Real Estate Recap of 2009 & 2010 Predictions
- 01/04/10 08:06 AM
Happy New Year, Franklin Lakes! It is now time to recap our 2009 market and make some 2010 predictions for Franklin Lakes, NJ real estate. I want to disclose that unlike most of the state, Franklin Lakes has a very low inventory and low home sale figures compared to most areas of NJ, moreso in the country. As many know, Franklin Lakes is dominated by estates and multi-million dollar real estate listings. Just one single sale can alter the monthly figures quite a bit. Before we get into the numbers, don't forget to browse all Franklin Lakes homes for sale via our … (0 comments)
for sale: Bloomfield NJ Real Estate Report | Inventory and Absorption
- 11/05/09 07:04 AM
November 2009 Bloomfield Real Estate Report Welcome to our Bloomfield "State of the Market" article for November 2009. Recently, we have seen a lot of activity in Bloomfield and this is largely due to the First Time Homebuyer Tax Credit. The recent extension through April for the credit will only further assist in real estate absorption. There have been many requests for information on single family homes and multi-family homes around the Brookdale Park area of town, on and around Watchung Ave. Great choice and if you give us a call we can tell you a few important details about the area … (2 comments)
for sale: Franklin Lakes NJ Real Estate Report 2009
- 11/05/09 07:02 AM
November 2009 Report | Franklin Lakes Real Estate (statitstics comprised from NewJerseyMLS and based on Single Family Homes) Welcome to our monthly housing report update for Franklin Lakes real estate. Franklin Lakes remains one of the most prestigious towns in the state and one of the tops in the country in regards to home prices. Market confidence could increase a bit more with the First Time Homebuyer Tax Credit extension which is now available through April 2010, however most income levels in Franklin Lakes will not qualify for the Tax Credit, even with the new increased income limits. Year over Year Sales numbers are identically … (0 comments)
for sale: Buying a 2 family home in New Jersey
- 10/08/09 06:08 AM
Recently, I have been a huge advocate of first time homebuyers having an open mind to multi-family homes in northern NJ. For the sake of argument, I am going to use Clifton, NJ as my example since my most recent inquiries were for Passaic County. Let's assume renters, or you are paying $1,250 for half of a 2 family home. Their apartment is likely 2 bedrooms with a full bathroom and a total of 5-6 rooms. This is about the average. Are you familiar with FHA financing? If you are still renting because you cannot afford conventional financing's requirement of 20% … (0 comments)
for sale: Waldo Lofts | Jersey City NJ
- 09/28/09 06:47 AM
Waldo Lofts is a Jersey City development consisting of 82 spectacular loft style condominium residences in Jersey City, New Jersey. The 12 story building was designed to complement the older industrial architecture of the surrounding 20th century buildings with a red brick facade, decorative trim work, and expansive arched and energy efficient windows allowing tons of natural sunlight into each residence. Waldo Lofts is perfect for those who love big furniture since the floorplan layouts are spacious and give a true lofty feel. Large walk-in closets are included in the near 200 sq. ft. master bedroom. Offering 700 to 2,400 square … (0 comments)
for sale: Ramsey NJ Real Estate Report on Homes sold and for sale
- 09/17/09 07:22 AM
Due to popular request, I am going to do a mid-month Ramsey NJ real estate report. Due to increased website traffic and homebuying inquiries, it looks like there are a few indicative factors. First, the tax credit available until the end of the year has people determined to hit the deadline. Second, low rates may have buyers thinking about inflation control where the Feds could increase the key interest rates soon to stave off inflation. And three, historically low home prices. So without further ado, the real estate report below is from housing data gathered from both the GSMLS and the NJMLS. … (0 comments)
for sale: Zephyr Lofts | Hoboken Condos for sale
- 09/17/09 07:17 AM
Designed as a 13 story condominium loft-style building, Zephyr Lofts is a residential complex with character and flair located where Jersey City meets Hoboken on Marin Blvd in Hudson County, New Jersey, and located about 1/4 of a mile from the Hoboken Terminal for ultra commuter convenience. Zephyr Lofts is a full service luxury loft building designed with contemporary tastes. Of the 102 residential lofts and condos, there are a mixture of Studio, 1 and 2 bedroom units ranging from 800 - 1,800 square feet. In a studio loft, get the true artist-living feeling. For a little more space, live in luxury in a 1 bedroom loft … (0 comments)
for sale: New Jersey Penthouse Living
- 09/12/09 01:51 AM
When one thinks "Penthouse", you may think of a few things: Location, Luxury, Lifestyle. Those are 3 of the most obvious reasons for looking into purchasing a penthouse for sale in New Jersey. There are several areas along the Gold Coast of the Hudson River to find a luxurious condo/penthouse where celebrities and executive-type businessmen/women can enjoy both walks of life in NJ and New York. If you are looking for convenience, location, yet distant enough from the crazy nightlife, try Weehawken, the neighboring city to Hoboken. In Weehawken, it is worth having New Jersey Real Estate Guys taking you for … (1 comments)
for sale: The Beacon | Jersey City NJ Condos for sale
- 08/26/09 05:31 AM
Located at the epicenter of Jersey City, The Beacon offers all comforts of a typical neighborhood with on-site dining, a retail pavillion, and entertainment center. Club Aqua is a 2 floor, 25,000 square foot private indoor/outdoor spa and recreation area, fully equipped with a lavish swimming pool, fitness center, and much more. The Beacon is one of the only condominium complexes in Jersey City real estate that offers complimentary VIP Shuttle service pickup from the Grove Street or Exchange Place PATH Stations. All condos are designed meticulously with 10 foot ceilings, hardwood or terrazzo floors, and large windows where you can get tons … (0 comments)
for sale: New Jersey Home Sales UP, Confidence UP... Does this signal the bottom?
- 08/26/09 05:05 AM
Bloomberg reported that home values in 20 U.S metropolitan areas probably decreased at a slower pace while consumer confidence climbed. Could this be a sign that the recession is letting up as real estate inventory dissipates? Of course this is a major part in dictating a bottom, but lets also not forget that we have an unemployment problem to fix that could take some time, however, the housing market signs are pointing upwards. For the first time in 2.5 years, home sales are higher in the Northeast than they were the year before. Although most of the sales came from distressed … (0 comments)
As the Northern New Jersey housing market works into its final stages of finding the bottom in many sub-markets, more and more demand for rental units continue to heat up. Challenging home financing requirements, foreclosed / short sale homeowners who are pretty much forced to rent, and preference of lowering personal living expenses are just a few reasons for why people are renting, resulting in lower vacancy rates. As a result, more investors are on the hunt for New Jersey apartment complexes for sale.
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