New Jersey
You can buy this Jersey Shore house with Bitcoin
Keep your cash. Avoid a high interest rate mortgage. This New Jersey house for sale lets you pay with cryptocurrency.
A property under construction just hit the market in Sea Bright and the listing says the buyer can pay with Bitcoin.
“I was speaking with the seller, and they’re very big into Bitcoin, and I told them it would be a very good idea to say we would accept Bitcoin for the house,” said Anthony Romano of O’Brien Realty Oceanport, the listing agent. “It would bring good exposure to the listing. There are a lot of people who own cryptocurrency and Bitcoin and would want to use it to buy an asset like real estate.”
It’s unclear whether any real estate transactions in New Jersey have been completed with cryptocurrency.
Romano said he remembers a listing back around 2018 that said the seller would accept Bitcoin but the property didn’t end up closing with cryptocurrency.
A spokesperson for New Jersey Realtors said the trade organization doesn’t “have any recent data on crypto in NJ real estate and are not aware of anyone actively involved in those transactions.”
It is the only listing in New Jersey on Realtor.com that has the word “Bitcoin” in the listing. And there are no listings with the word “cryptocurrency.”
The value of Bitcoin is ever-changing. At midday on Friday, one Bitcoin was valued at $62,261.70. So at that exchange rate, the $4,456,900 home would cost 71.58 Bitcoin.
The property’s listing officially became active on Monday.
The home in Sea Bright is listed for $4,456,900.Courtesy of Anthony Romano of O’Brien Realty
Located on Island View Way, the house has six bedrooms, all with ensuite bathrooms, plus one half bathroom. It is still under construction. The exterior is almost complete and the inside was sheetrocked a few weeks ago, Romano said.
“They’re hoping a buyer comes in who can pick their own finishes,” he said, adding that the house could be completed for use this summer.
It will have a pool on the roof, an elevator and while it’s one house back from the water, it has views of the Navesink and Shrewsbury rivers, Romano said.
“It’s a show-stopper,” he said.
Are you an agent, buyer or seller who is active in this changing market? Do you have tips about New Jersey’s real estate market? Unusual listings? Let us know.
Thank you for relying on us to provide the local news you can trust. Please consider supporting NJ.com with a subscription.
Allison Pries may be reached at apries@njadvancemedia.com.
New Jersey
Garden State Equality director resigns amid child endangerment, assault charges
Christian Fuscarino resigned Tuesday as executive director of Garden State Equality amid charges of child endangerment and assault after an incident last month with a child in his Neptune City home.
“I resigned from Garden State Equality to ensure that the organization’s work is not impacted by a private family matter,” Fuscarino, a nationally recognized advocate for LGBTQ+ rights, said in a statement on social media.
“While my loved ones and I have been working through this moment together with care and love, the press has turned a deeply personal situation into a public headline,” Fuscarino said.
“Everyone involved is safe and navigating this situation responsibly,” he added.
Fuscarino asked that the matter “be seen for what it is: a private family moment, not a public spectacle.”
Fuscarino, 35, is charged with second-degree endangering the welfare of a child by a caretaker and two counts of simple assault, according to court documents.
An affidavit of probable cause alleges Fuscarino pulled the child from bed about 8 p.m. on Nov. 9 and struck the victim multiple times in the face with an open hand, pushing the child into a wall during the encounter.
The incident was captured on a home security video system, according to the affidavit.
The child was later taken to the Monmouth County Child Advocacy Center in Freehold for a forensic interview. The child made no disclosure of physical abuse, the affidavit states.
However, another person living in the home told investigators they witnessed Fuscarino strike the child and intervened.
The state Division of Child Protection and Permanency obtained the video and notified the Monmouth County Prosecutor’s Office on Nov. 20.
A Neptune City police detective arrested Fuscarino on Nov. 21. The case has since been referred to the prosecutor’s office, court records show.
In a statement Tuesday, Garden State Equality said they had placed Fuscarino on leave after learning of the charges.
By Wednesday, Fuscarino’s bio on the Garden State Equality website had been removed.
“Garden State Equality takes allegations against our staff seriously and we oppose violence of any kind,” the agency said. “We respect the courts and will allow that process to be handled by them.”
Fuscarino had served since 2016 as the executive director of Garden State Equality, the largest LGBTQ+ organization in New Jersey, which is based in Asbury Park.
With 20 years of experience in LGBTQ+ advocacy, Fuscarino had been at the forefront of efforts to protect transgender rights, combat hate violence, and implement groundbreaking healthcare and education policies.
In a July 2018 story posted to NJ.com, Fuscarino said he wanted to dedicate his life to helping New Jersey’s LGBTQ+ community so that others would not have to suffer the indignities that he endured in adolescence.
New Jersey
10 hospitalized, including some students, after crash involving school bus in New Jersey
MOORESTOWN, N.J. (WPVI) — Ten people, including several students, were hospitalized Tuesday after a school bus crash in Burlington County, New Jersey.
The collision happened around 3 p.m. at Borton Landing and Hartford roads in Moorestown.
Township officials said in a Facebook post that a car and school bus collided at the intersection, injuring six students, the bus driver and three occupants of the passenger vehicle. All injuries appear to be minor, officials said.
“We have been made aware of a bus accident on one of our routes. There are no significant injuries for our students,” Moorestown Township Public Schools said in a statement.
The remaining students on the bus were taken to a nearby school, where they were picked up by family members.
School counselors will be available this week to provide additional support to students.
The cause of the crash remains under investigation.
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New Jersey
Wrong-way driver charged in I-80 crash that injured N.J. State Police trooper
An alleged drunk, wrong-way driver was arrested following a crash on Interstate 80 in Warren County, officials said.
Robert Felegi was driving a pickup truck west in the eastbound lanes in Knowlton when he crashed head-on into a New Jersey State Trooper’s vehicle near milepost 1.4 around midnight Tuesday, State Police said.
The trooper had emergency lights and sirens activated while trying to alert motorists of a hazard ahead, authorities said.
The trooper suffered minor injuries, while Felegi was not hurt.
Felegi, 67, of Middleport, Pennsylvania, was charged with assault by auto and driving under the influence.
He was brought to the Warren County jail ahead of a detention hearing. An attorney for Felegi is not listed in court records.
investigation, and no additional information is available.
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