Top 5 Reasons to Build your Luxury Home in New Jersey

Top 5 Reasons to Build your Luxury Home in New Jersey

Some call it the Garden State. Others simply call it ‘The Shore’. But a lucky few of us have the privilege of calling it home. New Jersey is a fantastic place to live, as the nearly 9 million residents of this great state would attest. For those looking to build a luxury home, New Jersey affords a wealth of powerful incentives to encourage prospective New Jersey luxury home buyers to ‘plant roots’ in the Garden State. So, what makes New Jersey such a great place to build your luxury home? Education The importance of eduction cannot be overstated. The quality of your child’s education will be the single greatest factor in determining their lifelong professional success. New Jersey schools provide their students with one of the very best educations our country has to offer. New Jersey schools earn top marks in annual educational quality rankings year after year. And a bevy of private K-12 learning institutions provide accepted students with an even higher quality of learning. Shopping New Jersey is a shoppers paradise. The Garden State has more malls per square mile than any other state in the country and a huge variety of national brand outlet stores stretching from the beach-front boulevards of Atlantic City to bustling thoroughfares of Tinton Falls. Whether your tastes lean toward the classical or the modern, the luxurious or the the thrifty, somewhere in New Jersey there is the perfect store for you. Proximity to Major Metropolitan Areas For those who work in Manhattan or Philadelphia who want to go home to somewhere a little less busy, New Jersey offers a perfect compromise....
2014 to be Biggest Year for New Jersey Home Builders Since 2005

2014 to be Biggest Year for New Jersey Home Builders Since 2005

New Jersey is state defined by a ‘can do’ attitude. Our residents are tough, resourceful, and refuse to let disasters and set-backs dampen their spirits or slow their progress. This attitude can be seen clearly in the most recent forecast for New Jersey home builders. Despite the continuing Sandy recovery efforts and a slew of weather delays during last winter, New Jersey home builders are set to start construction on the largest number of new homes in the state since 2005. New Home Growth: 30% Including requests honored in July, New Jersey home builders have obtained over 17,000 building permits, according to the U.S. Census Bureau. This represents a growth in home building of more than 30% over last year. Leading this charge is a boom in the construction of rental properties and a sktrocketing demand for housing in the New Jersey region after Superstorm Sandy. More than 60% of the newly permitted homes will be multi-family dwellings destined to serve as long-term rental properties. As many families struggle with financial losses following Superstorm Sandy,not to mention tightening mortgage lending standards, these rental properties are expected to be highly sought after in the coming years. North Jersey Leads the Pack Following the trend of previous years, North Jersey is set to dominate the home construction market, with 30% of all building permits going to New Jersey home builders in the northern part of the state. This skewed distribution is largely owed to spillover demand from the New York housing market and higher earning per capita among resident in New Jersey’s northern reaches. Economists suggest that the total number of...