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Saturday, dec 21
Real Estate
10 Most Expensive Zip Codes In NJ
Alpine has officially been dethroned as the most expensive zip code in the US. According to an annual report by Property Shark, the Bergen County town dropped from the top spot for the Garden State to the second, as Deal comes in hot with a $2.3 million median home price. This puts Alpine at No. 66 with a median home price of $2.18 million, and Deal at No. 58 overall. Avalon came in ten spots higher with a median home price of $2 million, and Short Hills close behind at $1.825 million. Here are the top 10 most expensive zip codes in New Jersey, according to Property Shark: 1. Deal, …
Real Estate
$70M Land Deal Finalized For Jersey City Redevelopment Project
A Jersey City redevelopment project is one step closer to breaking ground since the $70 million land sale was finalized last month. Represented by GRID Real Estate, The Albanese Organization is planning on bringing 670 residential units to the 1.83-acre parcel at 286 Cole St., which had previously been included in Hoboken Brownstone Company’s redevelopment project. Groundbreaking is set for Q1 of 2023. "The Albanese team has designed a world-class mixed-use property that will be a welcomed addition to the Downtown/Hoboken residential market," says Bob Antonicello, of Grid Real Es…
Real Estate
The Most Expensive & Most Affordable Places To Live In NYC Metro Area
While two New Jersey cities ranked among the most expensive places for renters in the NYC Metro area, two more are among the most affordable, according to a Zumper report. The website looked at rent prices at 15 cities in the NYC metro area from September, and compiled a list of the most and least expensive places to rent a one-bedroom apartment in the area. Here are the main takeaways: You'll need about $3,950 a month if you're hoping for a one-bedroom apartment in New York City any time soon. The city itself was followed by Hoboken and Jersey City, where rent prices average $2…
Real Estate
Mansion Of Former NJ Actress Listed At $3.5 Million (
Look
Inside
)
The home of an actress famous in the 1800s has hit the real estate market at nearly $3.5 million. The waterfront home in Lake Hopatcong has been renovated over the years, was at one point home to Lotta Crabtree, according to its Zillow listing. Crabtree was "the most celebrated actress in America during the California gold rush," and used the Edgemere Avenue home as her summer house near Hotel Breslin, Prominent Properties listing agent Robin Dora writes. The home was apparently built by Crabtree's mom in 1885, and called "Attol Tryst," which is Lotta spelled backwards. The Queen Ann…
Real Estate
Contemporary Montclair Home Listed For $1.699 Million
A contemporary home in Montclair has hit the market at nearly $1.7 million. The four-bedroom, six-bathroom house at 250 Upper Mountain Ave. boasts an expansive glass and eat-in kitchen with an island and breakfast area, fireplace, walk-in pantry and powder room. It also has a large great room with a soaring ceiling, floor-to-ceiling windows and wood-burning fireplace. The dining room opens into the back deck and patio. There is also an in-ground pool with spacious decking. Bedrooms include a primary suite and master bathroom. The listing agent is Christine R Lane of Co…
Real Estate
QuickChek Goes Big: 7 New Locations Land In NJ
QuickChek is going big with an expanded location in Central Jersey, and six more planned across the Garden State (scroll for the list). The 4,542-square-foot store opened at the intersection of Bordentown Avenue and Cheesequake Road Parlin on Tuesday, Sept. 20, replacing a smaller store that stood in its place. The new QuickChek features a new exterior with a green tower and “Fresh to Go” interior layout designed to enhance the shopping experience. More than half of the new store will be dedicated to freshly prepared food and beverages, including QuickChek’s guaranteed fresh brewe…
Real Estate
Shuttered Lord & Taylor Store Could Become Bustling Downtown For This North Jersey Town
The shuttered Lord & Taylor store in one North Jersey township is in the process of being transformed into a vibrant and bustling downtown area. The department store's owner, HBC, along with Streetworks Development, presented their plan for the 730,000-square-foot space and municipal lots known as "One Westfield Place" at the Westfield council meeting Tuesday, Sept. 20. Mayor Shelley Brindle said the project could be historic, and is the culmination of more than three years of collaboration and community input. Brindle noted an increased urgency to revitalize the downtown afte…
Real Estate
Historic Jersey City Matzo, Tea Factories Redeveloped In $121.5 Million Deal (
Photos
)
A luxury home developer is partnering with a New York City company to develop a Jersey City condominium community located in an area formerly home to the historic Manischewitz matzo factory and Great Atlantic and Pacific Tea Company warehouse. Toll Brothers and Sculptor Capital Management will be developing the 34-story 259-unit building at 151 Bay St., in Jersey City. Located within the Powerhouse Arts District in Jersey City, 151 Bay St. is being financed through a $121.5 million construction loan from Wells Fargo. The development will consist of 259 studio- to three-b…
Real Estate
HGTV Wants To Save This 'Cheap Old' NJ House
The 1865 farmhouse on the property of a one-time Dairy Farm in South Jersey has all the makings of a beautiful historic home. It just needs a little love. The home at 69 Kings Highway in Salem was featured on HGTV's Instagram page Cheap Old Houses, because of its potential. Listed by Janie McCormick of Weichert Realtors-Turnersville, the six-bedroom, two-bathroom house sits on 5.5 acres and still has the original Silo on the property. It's listed at $350,000. Click here for the complete listing.
Real Estate
Mall Reimagined: Westfield's Garden State Plaza Announces Developer In Upcoming Transformation
The Westfield Garden State Plaza has announced its development partner in its upcoming transformation that will bring luxury apartments and a town green to the Route 17 mall in Paramus. Mill Creek Residential has partnered with Unibail-Rodamco-Westfield (URW) ahead of the first phase of a 30-acre, mixed-use vision for the property featuring residences, green spaces, and a restored Sprout Brook, the mall announced Monday, Aug. 22. Rendering of Westfield's Garden State Plaza transformation.Unibail-Rodamco Westfield Anticipated to break ground in 2024 and slated to open to residents in 202…
Real Estate
Hoboken Hilton One Step Closer To Reality
The Hoboken Hilton is one step closer to becoming a reality. KMS Development Partners, the company behind the plan to build the 20-story hotel on the south end of Hoboken’s waterfront, closed on a subdivided US Postal Service (USPS) lot located on Sinatra Drive between Newark Street and First Street on Aug. 3. After 10 years of working with the USPS and pursuing local permitting approvals, the purchase of the property marks the latest in a long list of project development milestones and brings the project one step closer to becoming a reality. The hotel will be located on the subdivided lot…
Real Estate
Wildwood 'DooWop Drive-In' Hits Market At Nearly $1M
For a cool million dollars, you can own a drive-in restaurant in Wildwood. Actually, the restaurant — as well as the one-bedroom apartment upstairs — is listed at $995,000 on LoopNet. The DooWop drive-in restaurant is only two years old. It's known for its hearty breakfasts and lunch sandwiches. A current special includes Kings Hawaiian rolls and French Toast, with warm syrup and whipped butter. About 12 percent of the 3,390-square-foot space is leased at 6200 New Jersey Avenue in Wildwood Crest. It features a 1950s decor and theme. It was once a bait and tackle shop and…
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