New Jersey
New home listings up 40%. What the market is like in all 21 N.J. counties.
![New home listings up 40%. What the market is like in all 21 N.J. counties. New home listings up 40%. What the market is like in all 21 N.J. counties.](https://www.nj.com/resizer/SvUdW0Wpk5zqrRQ91X0gLvBPWB0=/1280x0/smart/cloudfront-us-east-1.images.arcpublishing.com/advancelocal/ZY2PT5ORWRETPBIBPLY2JJ5UBU.jpg)
Anybody who has shopped for a home on this red-hot market can inform you, there aren’t many to select from.
The bidding wars and sky-high costs which have been the norm for the previous two years had been pushed largely by the low stock of properties on the market.
However the newest figures for brand spanking new dwelling listings present a 41% achieve in new listings from February to March. Statewide, 9,281 properties hit the market in March, versus 6,566 new listings in February, based on the newest information accessible from New Jersey Realtors.
The most important will increase had been in Middlesex, Bergen and Monmouth counties. The smallest will increase in new listings month over month had been in Hunterdon, Salem and Essex counties, based on New Jersey Realtors.
Regardless of the month-over-month positive aspects, the inventory of homes on the market in New Jersey continues to be woefully low.
New listings had been down 10.5% from a yr in the past. And if the development of 9,200 new listings had been to proceed for the remainder of the yr, coupled with the variety of present listings, that will put new listings for the yr statewide at about 105,000.
“It appears like rather a lot nevertheless it isn’t,” stated Robert White president of New Jersey Realtors and a dealer with Coldwell Banker in Spring Lake.
In 2018 there have been 131,000 new listings and in 2019 there have been 128,000. Stock was already dropping earlier than the pandemic and has slipped since.
“In a greater market there would’ve been nearer to twenty,000 new listings,” White stated.
In Middlesex County, which noticed the biggest improve month over month at 37%, Realtor and Dealer Christo Joe of LOVI Realty in Fords attributes the bump in stock to the spring market.
“People who find themselves renting residences and their lease is up and they should get right into a home … and folks with school-aged youngsters, it’s a superb time for them to maneuver,” he stated.
However, he stated, even their stock continues to be low.
“Many individuals need to promote however they’re afraid they gained’t get one other property,” Joe stated. “Everyone seems to be ready for extra stock nevertheless it’s nonetheless not taking place.”
The affect is consumers grappling over the few properties which might be accessible on the market, driving up costs.
“There are such a lot of consumers and even with rising rates of interest they’re nonetheless on the door ready,” stated White.
In his workplace, a more moderen agent wished to cost a townhome that was dated — all unique finishes — at $429,000. They pulled comparables and White advised her to cost it at $469,000 and the vendor would most likely get $475,000 to $485,000. It bought after a number of affords for $525,000.
Even properties that want work are promoting.
“Patrons don’t have any alternative,” White stated. “We’re telling them if they’ll get 50% to 60% of their wishlist they’re doing good. Folks don’t have giant calls for anymore. They’re simply glad to have the home and lock within the rates of interest.”
Listed here are the variety of new listings in March 2020 for every county and the % change from February and the proportion change from a yr in the past:
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Allison Pries could also be reached at apries@njadvancemedia.com.
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New Jersey
Good Samaritans recall fiery South Jersey crash that left pregnant woman, 1 other dead
![Good Samaritans recall fiery South Jersey crash that left pregnant woman, 1 other dead Good Samaritans recall fiery South Jersey crash that left pregnant woman, 1 other dead](https://cdn.abcotvs.com/dip/images/15107491_072724-wpvi-samaritans-nj-crash-11pm-vid-vid.jpg?w=1600)
EGG HARBOR TOWNSHIP, New Jersey (WPVI) — Two people, including a pregnant woman, are dead after a multi-vehicle crash happened in South Jersey on Friday night.
Multiple people were left injured after the fiery crash, but many were saved thanks to the quick work of good Samaritans at the scene.
It happened just before 8:30 p.m. on the 8000 block of the Black Horse Pike in the West Atlantic City section of Egg Harbor Township.
According to police, a 2017 silver Nissan Sentra was driving westbound on the Black Horse Pike when it unexpectedly entered the eastbound lanes.
Multiple people killed in fiery Egg Harbor Township, NJ crash: Police
Officers say the driver was traveling in the wrong direction.
The silver Nissan then reportedly collided head-on with a 2018 Kia Forte. The Kia was then pushed backward into a 2020 red Nissan Sentra, police say.
Authorities also said a fourth vehicle — a 2019 silver Toyota Yaris — was struck by debris thrown from one of the vehicles.
Police say the head-on collision caused the silver Nissan to catch fire.
Multiple motorists and witnesses stopped to assist the occupants out of the burning vehicle.
Good Samaritans, one being Lisa Bonanno, dragged people out of the car before it was engulfed in flames.
“It was chaotic. No one was sure what to do,” Bonanno recalled. “No one arrived yet to help, so people took it into their own hands, and that restored my faith in humanity.”
She says she’s thankful for the others who stepped in with her to help people get to safety. Bonanno also recalled how terrifying the flames were up close.
“There were some men that were there. They were the real heroes, they really pulled. They got everyone out. They had trouble getting the last one out so what I did was I tried to move them away from the car. It was going to blow,” Bonanno said.
Another good Samaritan stepped in to help the passengers of the silver Nissan as well.
The bystander, identified as Chris Wilson, is in the hospital recovering from his injuries. He helped pull a juvenile out of the burning car.
“Just hearing that kid yell like that. You can hear in his voice he wanted to live. He just wanted to live but he could not get out of that car so we did everything in our power,” Wilson recalled.
Authorities announced Saturday that two people died in the crash.
One of the victims was identified as 21-year-old Escarlin Suriel of Atlantic City, who was the driver of the Kia Forte. Action News spoke with Suriel’s family on Saturday, who said she was eight months pregnant with her second child.
Suriel’s husband, who was also a passenger in the Kia — 27-year-old Francisco Nin — was taken to the hospital with serious injuries after the crash.
Police identified the second victim as 22-year-old Gabriella Constrantino, who was a passenger in the silver Nissan.
According to investigators, two juvenile passengers in the silver Nissan were taken to the hospital and listed in critical condition.
Another passenger, a 25-year-old man, was taken to the hospital with serious injuries.
Finally, two occupants of the red Nissan were taken to the hospital with minor injuries.
As authorities investigate the crash, Bonanno and Wilson say this incident is something that they will always carry with them.
“I had trouble at night sleeping because I felt like I could have stayed longer and did more, but in reality, I couldn’t and that’s what was hard for everyone,” Bonanno said.
“It was just really surreal. The youth that are still here, I’m glad they still have a fighting chance,” Wilson added.
The cause of the crash remains under investigation.
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New Jersey
Governor Phil Murphy, iconic Jersey mascots celebrate National New Jersey Day
![Governor Phil Murphy, iconic Jersey mascots celebrate National New Jersey Day Governor Phil Murphy, iconic Jersey mascots celebrate National New Jersey Day](https://assets2.cbsnewsstatic.com/hub/i/r/2024/07/27/c6cc2640-4701-4207-87a3-0a1505019c7e/thumbnail/1200x630/06c2ee050df282007a4b3cb9d7b81c9b/gettyimages-1293763452.jpg?v=5501038cbc281520ff9fdc308faab7dc)
TRENTON, N.J. (CBS) — All hail the Garden State! Did you know July 27 is recognized as National New Jersey Day in the United States? Proud New Jerseyans of all kinds have been taking to social media to celebrate their home state in all of its glory.
The official New Jersey government social media accounts posted a video on Instagram, X and Facebook featuring the mascots that call New Jersey home, including the Princeton Tiger, Boomer from the Trenton Thunder, the Rutgers Scarlet Knight, and Buster from the Jersey Shore BlueClaws.
Governor Phil Murphy and First Lady of New Jersey Tammy Murphy celebrated National New Jersey Day by having lunch with the couple who are in the process of eating at every diner in the state of New Jersey.
The Murphys sat down with Karri and Jon Ricklin at the New Monmouth Diner in Middletown Township on the 244th stop of their journey.
Beyond classic diners and iconic mascots, there are so many wonderful things to do and so many beautiful things to see in New Jersey.
You can celebrate the national holiday by walking the endless miles of beautiful beaches, popping out to witness the legendary nightlife of Atlantic City, or visiting locations from various famous television shows shot in New Jersey, like, “The Sopranos” and “Jersey Shore.”
Maybe you’ll stay local and enjoy a scoop of water ice and a breakfast sandwich with pork roll… or is it Taylor ham?
Regardless of what you decide to do, be sure to celebrate the third state to join the Union in honor of National New Jersey Day.
This story was written by CBS News Philadelphia intern, Ryan Avery.
New Jersey
This city named best for art, culture, and history in New Jersey
![This city named best for art, culture, and history in New Jersey This city named best for art, culture, and history in New Jersey](https://townsquare.media/site/385/files/2024/07/attachment-Untitled-design-2024-07-26T134312.512.jpg?w=1200&q=75&format=natural)
There are locations throughout New Jersey that are the epitome of great history with landmarks that shaped the fabric of this country. New Jersey is also rich in culture, diversity and a less known but significant art scene.
Families are now looking more closely into choices that are rich in culture but not a burden on the budget. If you live in New Jersey your family time, date time or getaway time should be enjoying these offerings.
Photo via Tom Merton
The people at AirportParkingReservations.com compiled a ranking of the best places to go here in New Jersey for culture, art, and history. The data they collected was based on the number of museums, art galleries, landmarks, and libraries in each city in New Jersey. A ranking was assigned based on the number of culture destinations in each location.
#5 – Elizabeth
Coming in at number 5 was Elizabeth, NJ with 2 museums, 1 art gallery, 6 libraries, and 1 landmark. Elizabeth drew a ranking of 20.6.
#4 – Camden
Coming in at number 4 was Camden with a ranking slightly over 23.
#3 – Trenton
Trenton at number 3 had 7 museums but no art galleries and 3 landmarks which gave them a ranking of 37.5.
#2 – Newark
Number 2 Newark boasted 6 museums, 6 art galleries, a whopping 17 libraries and 6 landmarks. That impressive stat garnered Newark a culture ranking of 64.6.
#1 – Jersey City
Coming in with a ranking of 89.7, the number one destination for art galleries, libraries, landmarks, and museums is Jersey City! They have it all. With 5 Museums, 10 art galleries, 15 libraries and 8 landmarks
There are cost-efficient cultural destinations available throughout New Jersey. Take advantage of what we have here in New Jersey.
LOOK: Most common domestic destinations from Trenton Mercer Airport
Gallery Credit: Stacker
The post above reflects the thoughts and observations of New Jersey 101.5 weekend host Big Joe Henry. Any opinions expressed are Big Joe’s own.
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