Those looking to rent a place, lament the high cost of rentals in New Jersey, and those looking to buy a home, will tell you that prices are sky-high, and interest rates are through the roof.
The average home price in Jersey is just under 500 Thousand dollars according to Zillow which is up about 7.8 percent from last year. Add to that Jersey's outrageous property taxes; the homes my wife and I have looked at have come with an average property tax rate of $500 to $600!
If you've ever strolled down the boardwalk in Point Pleasant Beach during the summer, you've probably heard the comforting and smooth sounds of Frank Sinatra entertaining you as you walked by. Well, that sound came from 'The Sinatra House,' and the owners have been doing it for over 35 years...
You may initially drive by this boxy $7.9 million home for sale in Avalon, along the Jersey Shore, and not think much of it from the outside. But, it's what's INSIDE that'll make your jaw drop.
According to an analysis from real estate database Zillow, the average homeowner in the U.S. spends more than $18,000 in extra costs associated with selling a home.
The prediction from the real estate company Zillow for the future of Upper Township and much of Cape May County is grim, with the area losing $30 billion in home values to rising sea levels by 2100.