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New Jersey’s $10,570 Average Property Tax Bill Hits Record High

New Jersey’s $10,570 Average Property Tax Bill Hits Record High

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey’s statewide average property tax bill for 2025 was $10,570, a new record high. According to coverage from NJ1015.com, last year’s average bill was roughly $500 above the 2024 level, the previous record high and the first time the bill was a five-digit...
Former Mayor of NJ Town Convicted in Mortgage Fraud Case

Former Mayor of NJ Town Convicted in Mortgage Fraud Case

by Phil Hall | Feb 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A federal jury found the former Mayor of Willingboro Township, New Jersey, and his business associate guilty of mortgage fraud in connection with a fraudulent short sale of real estate. Former Mayor Nathaniel Anderson, who is also a town councilman, and Chrisone D....
New Jersey’s $10,570 Average Property Tax Bill Hits Record High

New Jersey Home Sales Slump While Prices Keep Rising

by Phil Hall | Dec 26, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Jersey recorded 4,332 single-family closed sales during November, an 8.2% decline from the 4,721 transactions recorded one year earlier. Pending sales totaled 3,999, a 7.9% drop from the 4,343 pending sales in November 2024. According to data from New Jersey...
Von Maur Department Stores to Open First New Jersey Location

Von Maur Department Stores to Open First New Jersey Location

by Phil Hall | Dec 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Davenport, Iowa-headquartered Von Maur Department Stores announced plans to open its first store in New Jersey in Fall 2027. The new location will be an anchor store at Freehold Raceway Mall in Freehold, New Jersey, owned and operated by the real estate investment...
The State with the Highest Property Tax Is…

The State with the Highest Property Tax Is…

by Phil Hall | Dec 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average annual US residential property tax bill was $4,271 in 2024, according to the National Association of Home Builders (NAHB) analysis of the 2024 American Community Survey. That represented a 4% increase from the previous year. Last year marked the first time...
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