Tag: New Jersey Real Estate

The real estate market in the state of New Jersey.

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#GreaterPrincetonNJ Relocating to Princeton, NJ

Adventure, Bungee and Princeton, NJ

Princeton NJ Realtor News
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Discover the thrill of bungee jumping within driving distance of Princeton, NJ. Central Jersey is place to live. Ask me about it today. 609-915-9665.

Introduction to Bungee Jumping in Central NJ

Central New Jersey is an ideal location for those seeking adventure, and bungee jumping is one of the most exciting activities the area has to offer. Within an hour’s drive from Princeton, there are numerous locations where you can embrace the adrenaline rush of this thrilling sport.

Bungee Jumping for Beginners

Understanding the Basics If you’re new to bungee jumping, it’s essential to understand the history, physics, and types of jumps available. From crane to bridge jumps, there’s a variety of experiences to suit every thrill-seeker.

Choosing the Right Experience To ensure a positive first experience, research reputable companies, compare prices and packages, and read reviews from previous participants.

Safety Precautions and Equipment

Ensuring a Safe Jump Safety is paramount in bungee jumping. Choose a company with certified instructors, regular equipment inspections, and proper training and briefing.

Essential Gear Key equipment includes bungee cords, harnesses, and helmets, ensuring a secure and enjoyable jump.

Bungee Jumping for the Young and Old

Age and Weight Requirements Be aware of age and weight requirements, including minimum age, adult supervision for minors, and maximum weight limits.

Health Considerations Discuss any pre-existing medical conditions with instructors and ensure you sign a waiver before participating.

Beyond Bungee: Alternative Adventures

Other Adrenaline-Fueled Activities If bungee jumping isn’t your cup of tea, consider other thrilling options like skydiving, zip-lining, or indoor rock climbing.

Seasonal Tips for Bungee Jumping

Making the Most of Spring in NJ Plan your bungee jumping adventure around weather conditions and peak season to ensure a memorable experience.

With this guide, you’re ready to embark on an unforgettable bungee jumping adventure in and around Princeton, NJ. Happy jumping!

609-915-9665
Rosy
Real Estate Agent
Coldwell Banker

I am a Realtor in Princeton, NJ with Coldwell Banker Residential Brokerage. I serve the residential needs of Princeton, West Windsor, Plainsboro, Lawrenceville, Hopewell, Pennington, Montgomery, Hillsborough, Belle Mead, Rocky Hill, South Brunswick, East Windsor, Cranbury, Hightstown, Robbinsville, Franklin in Counties of Mercer, Middlesex and Somerset.

Please call me with your questions on selling, buying or renting residential real estate. Thank you !

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NJ Real Estate News

New Jersey New Homebuyer Tax Credits

New Jersey New Homebuyer Tax Credits

Reading Time: < 1 minuteThe 2009 first-time buyers’ credit will add between 200,000 and 400,000 new sales that would not have taken place without the credit. Only 70 percent of existing buyers qualify for the new credit because of residency restrictions, according to a Goldman Sachs study, and many believe the only change in the first-time buyer credit, raising income limits, affects only 14 percent of first-timers and the extension of the credit will not motivate many others if they have not acted by now.

NJAR® anticipates that the newly signed legislation will help maintain the recent momentum seen in the New Jersey real estate market and spur the state’s economy as a whole. The legislation will extend the $8,000 first-time home buyer tax credit past its original November 30 deadline, and it will now be available through April 30, 2010. Additionally, existing homeowners who have lived in their homes for at least five consecutive years out of the last eight will be eligible for a credit that can total $6,500. Other details of that amendment are as follows:

  • Prospective purchasers with binding contracts in place as of April 30, 2010 will be allowed an additional 60 days to complete the transaction.
  • Credit remains at $8,000 for first-time purchasers. No change to definition of first-time purchaser.
  • Income limits are expanded to $125,000 on a single return and $225,000 on a joint return. Current law $20,000 phase-out retained.
  • The purchase price of the property may not exceed $800,000.
  • New anti-fraud limitations are imposed.
  • If selling and buying and if you qualify for the tax credit, you need to be under contract no later than the end of April 2010 and close no later than June 30, 2009.
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NJ Real Estate News

New Jersey Real Estate Prices Stablize

New Jersey Real Estate Prices Stablize

Reading Time: < 1 minuteAlthough prices are down, the number of sales rose during the quarter, boosted by the first-time buyers’ tax credit.

Sales of condos, coops and single-family homes rose 5.9 percent nationwide, to an annual rate of 5.3 million.

In New Jersey, the number of sales rose 8.5 percent, to an annual rate of 122,800. Both rates are still well below the 180,000-plus clocked during the peak of the housing boom in 2004-2005

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Homes For Sale West Windsor - New Jersey 08550 NJ Real Estate News

West Windsor Getting Greener

West Windsor Getting Greener

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WEST WINDSOR “” Mayor Shing-Fu Hsueh updated residents on the environment, he said the township has been working to include sustainability initiatives as part of its master-planning process. He highlighted the recent opening earlier this year of Princeton University’s Princeton Information Technology Center at 701 Carnegie Center as one example of an environmentally sensitive green-building initiative.

Hsueh also said a new company focused on clean-energy research, Princeton Power Systems, opening its offices here is good for both business and for sustainability efforts in the township.

The township also is working with PSE&G, discussing retrofitting the municipal complex with solar power cells and conducting other clean-energy initiatives locally.

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Selling Home Why Work with Rosy?

Long Process of Short Sale

Long Process of Short Sale

Reading Time: < 1 minuteShort sales (when houses sell for less than the mortgages owed on them) can be anything but short.   Unless they work with highly skilled agents, buyers and sellers can get frustrated if the process is protracted, which may lead to the deals simply getting abandoned.

Working with a skilled realtor can save a lot of headache.

Rosy can help you with your Real Estate needs in Mercer, Middlesex and Somerset counties of New Jersey.

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Selling Home Why Work with Rosy?

Selling is All About Upgrades

Selling is All About Upgrades

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Upgrades & Uprovements!

The home improvement projects with the highest price increases to a home’s resale value are updating the kitchen ($1,200 cost / $2,850 price increase).

The next best ROI is painting the outside of the home ($900 cost / $1,815 price increase).

Home staging ($300 cost / $1,780 price increase).

Contact Rosy today at 609-915-9665 to discuss this and other options!

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Mortgage & Financing

Reverse Mortgage in a Nutshell

Reverse Mortgage in a Nutshell

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  • The biggest change is the introduction of a new reverse mortgage, the Home Equity Conversion Mortgage Saver option, or HECM Saver.
  • It has a cheaper upfront mortgage insurance premium, or MIP, compared with the traditional HECM reverse mortgage, now known as the standard option.
  • Mortgage insurance protects lenders from loan losses, though borrowers pay the cost.
  • New options empower seniors to tap smaller amounts of equity in a more affordable way, according to Peter Bell, president of the National Reverse Mortgage Lenders Association. The Washington, D. C. , organization represents lenders and investors. he says.
  • The biggest change is the introduction of a new reverse mortgage, the Home Equity Conversion Mortgage Saver option, or HECM Saver.
  • It has a cheaper upfront mortgage insurance premium, or MIP, compared with the traditional HECM reverse mortgage, now known as the standard option.
  • Another change is that many lenders have reduced or eliminated their origination fees on reverse mortgages, according to Barbara Stucki, vice president of home equity initiatives at the National Council on Aging, a nonprofit service and advocacy group for older Americans, based in Washington, D. C.
  • Borrowers may be tempted by the fixed-rate option, but Susanna Montezemolo, vice president of federal affairs at the Center for Responsible Lending in Washington, D. C. , says the adjustable rate may be a smarter choice because the fixed rate requires that the borrower tap the full amount of equity upfront. she says. s still a loan against the value of a house.
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NJ Real Estate News

Tax Appeals in NJ on The Rise

Tax Appeals in NJ on The Rise

Reading Time: < 1 minuteThe number of tax appeals in New Jersey has increased dramatically in the past five years, according to the taxation division’s data.

Last year, the state logged nearly four times the number of appeals as it did in 2007, hitting its highest mark in almost 20 years. Tax attorneys and municipal officials believe that this year’s appeals may set a new record.

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NJ Real Estate News

Lawrence Commons Uplifts Lawrenceville

New Jersey New Homebuyer Tax Credits

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Mercer County Property Value Enhancer Project

By 2014 or so, y0u will not be able to recognize the 900-foot section of Route 1 in Lawrenceville, New Jersey.  From Bakers Basin Road to the Ford Lincoln dealership farther south, it is proposed to raze all of the buildings along Route 1 and bring in a Wawa gas station and convenience store, a McDonald’s restaurant and a TD Bank.  And yes, Mrs. Gs will get a face lift in new retail section just as well!

The McDonald’s and Wawa gas station-convenience store would face Route 1, along with a new freestanding retail strip center locating Mrs. G store. The TD Bank would front Bakers Basin Road.

 

April 30, 2012

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NJ Real Estate News

Winter Weather Causing South Jersey Real Estate Market Lag

Winter Weather Causing South Jersey Real Estate Market Lag

Reading Time: < 1 minuteThe 2014 winter season has been very hard on the real estate market of South Jersey.

Record high levels of snow have forced many prospective buyers to cancel trips to see houses. Though snow hasn’t been the only factor behind the lag. New Jersey’s job growth rate has been below the national average, and mortgage rates have gone up. But it has led to a boom in the rental market, as more prospective buyers are conducting their searches online.

Homeowners looking to sell their home in South Jersey remains optimistic.