Fair 59°
Tag:

Development

News
NJ Mini Golf Course Tied To $17M Fraud Case Hits Market For $5.7M NJ Mini Golf Course Tied To $17M Fraud Case Hits Market For $5.7M
NJ Mini Golf Course Tied To $17M Fraud Case Hits Market For $5.7M A well-known Long Beach Island property home to a popular mini golf course is now on the market for $5.7 million. Jen’s Links at Lighthouse Cove, located at 501 Broadway in Barnegat Light, sits on more than 1.18 acres of bayfront land in the center of the borough, the listing shows. The property, reffered to in the listing as Lighthouse Cove at Barnegat Light, can be purchased with the current 36-hole mini golf business or has the potential for development with up to seven prime single-family lots, according to the listing.  The property's former Pennsylvania owner, Scott Mas…

SHARE

by Cecilia Levine
Real Estate
NJ Mansion Tax: Lawmakers Just Quietly Passed A New Bill That Makes Selling Way More Expensive NJ Mansion Tax: Lawmakers Just Quietly Passed A New Bill That Makes Selling Way More Expensive
NJ Mansion Tax: Lawmakers Just Quietly Passed A New Bill That Makes Selling Way More Expensive New Jersey’s luxury real estate market was thrown into turmoil after lawmakers passed a sweeping mansion tax bill on Monday, June 30, shifting the state’s high-end realty transfer fee from buyers to sellers and adding steep new tiers up to 3.5%. Under the new law, Assembly Bill 5804, sellers of homes over $1 million will absorb what had historically been a 1% buyer-paid fee, with significant increases for higher-value properties. The rates for sellers rises to: 2% over $2 million 2.5% over $2.5 million 3% over $3 million 3.5% over $3.5 million That means a seller of a $4 million home will …

SHARE

by Cecilia Levine
News
$200 Million Healthcare Center Breaks Ground At NJ Transit Station $200 Million Healthcare Center Breaks Ground At NJ Transit Station
$200 Million Healthcare Center Breaks Ground At NJ Transit Station A new $200 million health and wellness center is hours away from breaking ground at none other than a NJ Transit station. The Hackensack Meridian Health facility will break ground Friday, March 8 at the New Jersey Transit Metropark Station in Iselin. The first of its kind, the center is expected to be completed by 2025. Gov. Phil Murphy is expected to join hospital, transportation and other elected officials as well as developers at an 11 a.m. ceremony, according to a hospital press statement. It's billed as the first accessible health and wellness center at a major transit hub nation…

SHARE

by Jon Craig