Real Estate

July 25, 2021

PISCATAWAY, NJ -- Lawyers for a township homeowner filed an Order to Show Cause in Middlesex County Superior Court on Friday to prevent the township from razing a house at 1126 River Road, a property located directly across the street from Rutgers football stadium in Piscataway.  The filing by ...

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NEW BRUNSWICK, NJ – Almost nine in 10 New Jerseyans consider the cost of housing to be a “very serious” (55 percent) or “somewhat serious” (32 percent) problem, according to the latest Rutgers-Eagleton Poll in collaboration with the Housing and Community Development Network of New ...

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TRENTON, NJ — A dramatic decline in housing inventory contributed to a 20% increase in single-family home prices statewide compared to 2020, according to April data recently released by New Jersey Realtors. The rapid price increase follows predictions last month from real estate experts who told ...

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TRENTON, NJ – Senate President Steve Sweeney, acting in response to "the rapid sprawl of warehouse construction across New Jersey," has introduced legislation that gives municipalities impacted by the developments more control on their approval.  Sweeney's bill would update the "Municipal Land ...

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NEW JERSEY - While the rest of the state economy slowly returns to pre-pandemic levels, the New Jersey real estate market reportedly experienced “a year we’ve not seen before” with no immediate signs of slowing. Two state real estate experts with national credentials participated in a TAPinto ...

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SOMERVILLE, NJ - Despite the loss of a $10M tax ratable, the anticipated 2021-22 Somerville Borough tax rate remains much the same as last year, with the average bill increasing by $15.03 for the year, about $1.25 per month, excluding school and country taxes. The municipal tax increase is ...

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S0MERVILLE, NJ - Progress continues at the transit village taking shape alongside the NJTRANSIT railroad tracks, with 3-story townhouse models framed out alongside the entrance off South Bridge Street. Somerville Station will include 156 townhouses, 374 apartments in multiple buildings lining ...

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SOMERVILLE, NJ - Construction crews have begun to rebuild a four-story apartment building alongside the Raritan Valley NJTRANSIT railroad tracks that was destroyed by a multiple-alarm fire in August. Following demolition of the gutted Somerville Parc II Luxury Apartments in the months following ...

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SOMERVILLE, NJ - The colorful history of Borough Hall from the time it was built in 1888 is chronicled in "The County's Handsomest House - Somerville's American Gothic Classic," published by the borough’s Historic Advisory Committee. Edited by Marge Sullivan, a member of the committee and wife ...

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SOMERVILLE, NJ - The long-awaited construction of a three-level parking deck on West Main Street, the first phase of the Edge II luxury apartments, has been moving rapidly in the first weeks of the new year. The structure has been taking shape as a heavy-duty crane has been dropping in pre-fab ...

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United Van Lines has released the company’s 44th Annual National Migration Study, revealing in 2020, Americans continued to move westbound and southbound – and the COVID-19 pandemic factored into and accelerated many of those decisions to move. According to the study, which tracks the company’s ...

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SOMERVILLE, NJ — The Somerset County Planning Board has named the winners of the 2019 Land Development and Planning Awards, including the 69-unit SOMA luxury apartment building on South Bridge Street.  Recipients of the awards include planning, engineering, development and architecture firms.

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S0MERVILLE, NJ - Somerset Development has sold a 15-acre tract adjacent to the NJ TRANSIT Raritan Valley Line and Somerville train station which will transformed as part of the larger Somerville Station mixed-use transit village, the largest redevelopment project in the borough's history. The ...

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   Senator Kip Bateman called for the renewal of an important relief program that has helped both tenants and landlords who have suffered economic hardship brought on by circumstances related to the COVID-19 pandemic. “Since April, more than 30,000 eviction cases have been filed in NJ ...

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SOMERVILLE, NJ - Weiss Properties strikes again, this time in Downtown Somerville. Just three years after the grand opening of The Cobalt Apartments on Veterans Memorial Drive, owner and developer Robert Weiss unveils the sequel - The Davenport Apartments. Celebrating its Grand Opening Monday, ...

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Some renters are forced out anyway by owners desperate for income in pandemic. This story was written and produced by NJ Spotlight. It is being republished under a special NJ News Commons content-sharing agreement related to COVID-19 coverage. To read more, visit njspotlight.com. In New ...

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BRIDGEWATER, NJ - Bridgewater Township has been ranked No. 31 on the 50 best places to live in America by Money.com. “I have the distinct pleasure to not only have been born and raised in Bridgewater, but to serve it as an elected official as a councilman and, now, mayor,” said Mayor Matthew ...

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SOMERVILLE, NJ - The owners of Parc Apartments, who suffered a $16 million loss three weeks ago when one of their two buildings was gutted by a four-alarm fire - just weeks short of being rented - presented a check for $18,000 Wednesday to Somerville Fire Chief Brian Iselin, a gift that is an ...

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NEW BRUNSWICK, NJ - Land development in New Jersey has slowed dramatically since the 2008 Great Recession, but it’s unclear how the COVID-19 pandemic and efforts to fight societal and housing inequality will affect future trends, according to a Rutgers co-authored report. Between 2012 and 2015, ...

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SOMERVILLE, NJ - The owners of a four-story, 88-unit apartment building gutted by a fire just one month prior to leasing will donate $18,000 to the borough's volunteer firefighters for their efforts in keeping the Aug. 21 fire from spreading to a second building on the property. Abe Strulovich, ...

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RARITAN, NJ - Mayor Zachary Bray spoke to residents live on Facebook Tuesday as he walked through the streets of the borough to properly introduce the Raritan Sustainable Economic Development Plan, and the study’s goals for the future of the borough and its Main Street. The plan is being done ...

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SOMERVILLE, NJ - Investigators from local, county and state agencies were on site Saturday combing through the ruins of the 200 Parcview Apartments looking for the cause of Friday's multi-alarm fire at the four-story structure. As investigators worked inside the shell of the building, ...

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TRENTON, NJ - Gov. Phil Murphy announced a $25 million grant program Friday that will provide COVID-19 relief to New Jersey landlords who have had to reckon with a moratorium on rent payments since April. According to state officials, one of three renters in the Garden State lives in 3- ...

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