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Mount Laurel could “crash the entire real estate market of the state of New Jersey.”

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the staff of the Ridgewood blog

Cranford NJ, A northern New Jersey lawmaker told local residents that leaving the fate of Mount Laurel, or “affordable,” housing in the hands of the court system could “crash the entire real estate market of the state of New Jersey.”

State Assemblywoman Holly Schepisi, a Republican who represents the 39th Legislative District, including parts of Bergen and Passaic counties, spoke at a town hall meeting March 5 about the need to halt any further affordable housing development before a statewide inventory of projects could be studied.

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Real Estate Professional Joins Special Properties’ Ridgewood-West Office as Realtor Associate®

the staff of the Ridgewood blog

RIDGEWOOD NJ , Special Properties Real Estate Services, LLC, an exclusive affiliate of Christie’s International Real Estate, has welcomed Eric Martens as a Realtor Associate in its Ridgewood-West office in Ridgewood, NJ. His addition is part of the agency’s ongoing growth and expansion throughout northern New Jersey.

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In 2018 More People Moved Out of New Jersey than Any Other State

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the staff of the Ridgewood blog

Ridgewood NJ, more people moved out of Governor Murphy’s high tax Sanctuary State in 2018 than any other state, according to a new study by United Van Lines . The United Van Lines’ 42nd Annual National Movers Study, which tracks customers’ state-to-state migration patterns over the past year, revealed that more residents moved out of New Jersey than any other state in 2018.

New Jersey residents looking for sanctuary led in outbound migration with (66.8 percent), Connecticut (62 percent) and New York (61.5 percent) were included among the top 10 outbound states for the fourth consecutive year. Midwestern states like Illinois (65.9 percent), Kansas (58.7 percent), Ohio (56.5 percent) and Iowa (55.5 percent) saw high outbound relocation as well.

The National Movers Study also reveals business data of inbound and outbound moves from 2018. In addition to this study, United Van Lines also conducts a survey to find out more about the reasons behind these moves. A leading motivation behind these migration patterns across all regions is a career change, as the survey showed approximately one out of every two people who moved in the past year moved for a new job or company transfer. Other reasons for the high percentage of moves to the Mountain West in 2018 include retirement (28.1 percent), proximity to family (20.8 percent) and lifestyle change (19.4 percent). Compared to all other states, Idaho saw the largest influx of new residents desiring a lifestyle change (25.95 percent), and more people flocked to New Mexico for retirement than any other state (42.74 percent.

New Jersey (66.8 percent), which has ranked in the top 10 for the past 10 years, moved up one spot on the outbound list to No. 1. New additions to the 2018 top outbound list include Iowa (55.5 percent), Montana (55 percent) and Michigan (55 percent).