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By Zavell, Ltd. 2024 Winter COVID-19

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11/20/2024 Good News: New Jersey Home Buyers Some Of The Best Negotiators In America - 97.3

In New Jersey, the median sales price for all types of properties on the Real Estate market has increased 12.5% over the last 14 months.
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11/13/2024 New Structural Integrity Law In New Jersey – Community Association Compliance Required - National Law Review

As we enter the last quarter of 2024, we want to again remind our New Jersey community association clients to review whether their buildings require structural inspections pursuant to the new Structural Integrity Law (N.J.S.A. 52:27D-119 et seq.).
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11/11/2024 SOLD! Reggie Bouzy Presents An Exclusive Brand New Condominium In Jersey City - Haute Residence

Welcome to 527 Central Ave, a collection of exclusive two ultra-luxurious, brand new condominiums, offering rare views of Washington Park, on an oversized 25' x 106' lot, in the heart of Jersey City Heights. Elevate your standards of living with these massive, meticulously designed, duplex homes, featuring designer finishes throughout, White Oak flooring, Recessed Lighting, Crown and Baseboard Moulding, Central HVAC, Nest Thermostat, Ring Doorbell, Camera Security, Pella Windows, 10-foot ceilings, 8-foot doors and contemporary Matte black fixtures.
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11/7/2024 Now-closed Republic bank engaged in mortgage redlining in South Jersey, a N.J. Attorney General investigation found - Inquirer

Philadelphia-based Republic First Bank, doing business as Republic, systematically avoided lending to homebuyers in communities that are majority Black, Hispanic, or Asian in New Jersey, according to a multiyear investigation by the state’s Office of the Attorney General.
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10/31/2024 NJ Man Beat Mother To Death At Condo In Maplewood, Found Guilty: ECPO - Patch

A New Jersey man with a history of gambling and substance abuse killed his mother to inherit $9 million, Essex County prosecutors said.
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10/22/2024 Neptune condo association targeted by NJ after harassment in 'Russian spy' neighbor fight - App.com

The state Attorney General's Office said a woman was repeatedly harassed by her Neptune condominium neighbors, who called her a "Russian spy," and the case has now placed the condominium homeowners association in legal hot water too.
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10/14/2024 UPDATED: Man And Woman Were Found Dead In Hoboken Condos After 'Wellness Check': Police - Patch

After the Sky Club Condos in Hoboken announced the "untimely death" of two residents in a message on Thursday, police said a man and woman were found dead after a wellness check.
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10/11/2024 Prism Capital Partners Acquires 33 Acres for Multifamily Redevelopment on Rifle Camp Road in Woodland Park New Jersey - Yield Pro

Prism Capital Partners has expanded its portfolio with the purchase of a 33-acre former corporate campus on Rifle Camp Road in Woodland Park with intent for a multifamily development.
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10/8/2024 What is the Future for this Condemned Building in Ocean City, New Jersey - 97.3 ESPN

Voted one of New Jersey's Most Beautiful Islands, Ocean City is one of the most popular Shore Towns in South Jersey. Each summer, you can expect over 100,000 people to be in Ocean City between Memorial Day and Labor Day.
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10/4/2024 Hoboken Family's Brownstone Redesign Featured In NJ Magazine - Patch

Like most Hoboken families, the Daleos live on a densely populated block; in fact, one window looks out onto someone's fire escape. But after 13 years in their brownstone condo, they decided to "revitalize" their interior, according to a piece in the October New Jersey Monthly.
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10/2/2024 HREV’s Birch House in Jersey City hits 70 percent leased - RE-NJ

Halpern Real Estate Ventures has leased more than two-thirds of its new 337-unit high-end apartment property on Jersey City’s West Side, the developer announced this week.
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9/24/2024 Garden Communities Delivers Signature Apartment Building at The Metropolitan Near Newark - Yield Pro

Garden Communities has delivered the signature multifamily building at The Metropolitan, the company’s new, luxury mixed-use development in Springfield. The significant milestone coincides with the launch of indoor and outdoor lifestyle amenities at this desirable suburban location.
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9/17/2024 322 3rd Street Brings Boutique Condo Living to Downtown Jersey City

Jersey City is getting ready to welcome a stunning new Downtown condominium addition: 322 3rd Street, presented by Matthew Gray and Marc Brenner of Nest Seekers International. This boutique development is offering just four units, each with two bedrooms plus a den. The highly anticipated project is already generating buzz, and interested buyers can sign up here to receive exclusive information on the homes.
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9/16/2024 This huge urban N.J. condo for sale is more like a suburban home. See why. - NJ.com

“It’s a needle-in-the-hay-stack home and it needs a needle-in-the-haystack buyer,” said Dale Fior, of Brown Harris Stevens, the listing agent. “It’s not something you’re going to run across very often and neither is the buyer.” The condo is located in the historic Wells Fargo building on Pavonia Avenue.
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9/13/2024 New 14-unit condo property hits the market near Long Branch oceanfront, Elliman says - Real Estate NJ

A collection of 14 condominiums two blocks from the Atlantic Ocean has hit the market in Long Branch, with move-ins slated for Memorial Day 2025.
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9/11/2024 Kushner secures $415M in construction financing for redevelopment of Monmouth Mall - ROI NJ

The project, set to redefine the area, will transform the underutilized space into a modern, open-air town center featuring 990,000 square feet of retail and restaurant space, including a Whole Foods Market, an expansive public green, a network of pedestrian pathways, 1,000 residential units and medical office space.
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9/9/2024 Kitchen Fire Sparks At Hillsborough Condo - NJ Patch

A kitchen fire in Hillsborough caused residents to evacuate last Thursday.
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9/6/2024 Nuveen Real Estate Provides $44M Refi for New Jersey Apartment Complex - Commercial Observer

Tulfra Real Estate has secured $44 million to refinance The Delford, a 160-unit luxury apartment building that opened this year in Bergen County, N.J.
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9/5/2024 New Luxury Apartment Building Opens In Montclair - Patch

A new luxury apartment building is open in Montclair: “The Clair.” The 40-unit building is located at 37 Orange Road near the Bloomfield Avenue corridor. It includes one and two-bedroom apartments, and a variety of amenities that include valet parking, package service, community wi-fi, electric vehicle charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning.
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9/4/2024 New Jersey’s New Structural And Reserve Study Mandates: 3 Key Things To Know - Bis Now

New Jersey will soon require condominium buildings to conduct more stringent structural inspections and perform more frequent reserve studies to ensure they have funds for structural maintenance and repairs. The law takes effect in 2026, but the time to prepare for compliance is now, according to those familiar with the new mandates.
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