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Author Archives: Rich Cronin

    Part 6: What’s My Real Estate Investment Worth – 2018 Year End Review

    By Rich Cronin | December 28, 2018

    Dec 28, 2018 As the 2018 Hoboken and Jersey City Real Estate market comes to an end, we once again look back at the year in review to see how investment properties are reacting to the new growth in property development. New Inventory With over 30 new high-rise developments either at or near completion in... Read More

    PART 5: What’s My Real Estate Investment Worth? Landlords are beginning to sell

    By Rich Cronin | May 29, 2018

    May 28,2018 I have always been a data analytics person. Studying data not only tells you what has happened in the past but it helps you predict what will happen in the future, that is if you know what to look for.   Two years ago, I wrote an article about the Hoboken and Jersey City... Read More

    PART 4: What’s My Real Estate Investment Worth? : When to Sell your Investment Property

    By Rich Cronin | May 13, 2018

    I often have discussions with my clients regarding when they should sell their investment properties in Hoboken and Jersey City.  They are hearing: “It’s a seller’s market. It’s time to sell!” or, “It’s becoming a buyer’s Market. It’s time to sell”. It’s a hard decision to make based on a Real Estate agent’s feeling of... Read More

    What is a 1031 Exchange ?

    By Rich Cronin | April 11, 2018

    A 1031 Exchange is a beneficial tax loophole that’s widely used by real estate investors.  A 1031 Exchange will allow you to re-invest the full proceeds from the sale of your investment property to another like-kind investment and defer paying capital gains tax. It’s a simple enough concept to understand but it can be very... Read More

    Why investors are choosing to list in the Off-Market

    By Rich Cronin | April 11, 2018

    Real Estate development in Jersey City has seen an explosion of new high rise buildings over the past two years which has not only transformed our skyline, it will also bring a whopping 45,000 new apartments to the rental market.  As each new high-rise building becomes ready for occupancy, developers are offering no-broker fees, parking... Read More

    Top Five Reasons why FSBOs fail in a Sellers Market.

    By Rich Cronin | June 27, 2017

    I recently came across a statistic which states that 90% of all For-Sale-By-Owner listings fail.   After reviewing FSBO listings and sales in our area, we are not that far off from the national average. Here are the top five reasons why FSBO’s fail. The New AgentTypically when a new home is listed, an experienced agent... Read More

    PART 3: What’s My Real Estate Investment Worth?

    By Rich Cronin | June 26, 2017

    Real Estate development seems to have hit an all-time high in the surrounding areas of Hoboken and Jersey City. By taking a drive up the New Jersey coast on any given weekend, one can start to appreciate the potential investment behind the multiple developments that are going up with lightning speed. While some investors continue... Read More

    Why Would Your Listing Expire In A Sellers Market?

    By Rich Cronin | June 11, 2017

    You’ve had your Condo on the market for quite awhile and now ask “Why hasn’t it sold yet?”. There can be several reasons why the sale of a house can go bad, here are the top contenders: 1. Marketing A real estate agent lives or dies by how they market listings to prospective buyers.  If... Read More

    PART 2: What’s My Real Estate Investment Worth?

    By Rich Cronin | May 18, 2017

    Jersey City real estate development has recently drawn attention on the national stage as well as shed some light on the controversial EB5 investment program commonly known as the “Golden Visa”. While healthcare, tax reform and job creation have taken back stage to recent controversies surrounding the Trump administration, a lesser known executive order signed... Read More

    PART 1: Whats My Real Estate Investment Worth?

    By Rich Cronin | April 27, 2017

    The Real Estate market in Hudson County has seen an explosion in development over the past few years primarily in the downtown Jersey City area. The skyline of Jersey City today looks nothing like it did ten years ago. (click here to see the development map) Here are four key identifiers that we are keeping our eyes... Read More