Some Good News for Local South Jersey Jobs

Real Estate Agent with KW Hometown 1756879

Paulsboro, Gloucester CountyIn a time when employment opportunities are  scarce, there might be some much welcomed hope for South Jersey and the Delaware Valley region. Paulsboro, a small town in Gloucester County, known mostly for its oil refineries, high school football and wrestling teams, is in the midst of creating a $250 million dollar port on the Delaware River.

One article states that the project is expected to generate as many as 20,000 jobs regionwide, including 2,500 jobs directly related to the port and 800 construction jobs.


To read an article on the port in Paulsboro, check out this Philadelphia Business Journal article.


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Steve Kappre is a Certified Mortgage Planner with Treasury Mortgage, a subsidiary of Aurora Financial Group, serving all 50 states, focusing on Gloucester, Camden, and Salem County, NJ. Steve specializes in;

• All areas concerning First-Time buyers; First-Time Buyer mortgages, grants, down payment assistance, tax credits, police and fire loans, rehab loans for first time buyers, and more.

• Reverse Mortgages for seniors age 62 or older.

• Equity Management strategies for high-end homes and high net worth individuals.


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The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Steve - very interesting indeed !  Are there investment properties there as well ?  Or primarily best for owner occupants ?  Great info.

Jan 25, 2009 01:33 AM #1
Stephen Kappre
KW Hometown - Mantua, NJ
Helping You Home

Chris - There are definately investment oppurtunities. Paulsboro ranges from a below $100k per single-family or two-unit, to maybe mid $200's. Not many homes are going to be above $200k. I grew up in Paulsboro and there are many very nice areas. The Billingsport area has a nice "grid" layout of blocks and homes that are mostly unique. Very few "cookie cutter" homes.  Paulsboro is basically across the river from the Philly Airport.

Jan 25, 2009 04:38 AM #2
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