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New Jersey Tops Nation for Highest Property Taxes — But These Bergen County Towns Offer Relief

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the staff of the Ridgewood blog

Ridgewood NJ, New Jersey once again holds the unenviable title of having the highest property taxes in the United States, according to a recent WalletHub study.

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Senator Kristin Corrado Slams Trenton Democrats Over Sudden Mansion Tax Overhaul

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the staff of the Ridgewood blog

TRENTON, NJ — Senator Kristin Corrado (R-40) has strongly criticized Trenton Democrats for fast-tracking major changes to New Jersey’s Mansion Tax with little notice or time for the real estate industry to adjust. The new law (S-4666/A-5804) was introduced on June 23, signed into law by Governor Phil Murphy on June 30, and took effect immediately on July 1, leaving just nine days for compliance.

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Second Phase of The Marq Teaneck Breaks Ground with 248 New Luxury Apartments

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the staff of the Ridgewood blog

TEANECK, NJ — The transformation of Teaneck’s Alfred Avenue corridor is ramping up as Malas Development begins demolition and site prep for the second phase of The Marq, a luxury rental community that will bring 248 new apartment units to the Bergen County township.

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REI Lot in Paramus Sells for $25M as Developers Plan 426-Unit Mixed-Use Project Near Bergen Town Center

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the staff of the Ridgewood blog

Paramus NJ, a major real estate transaction has reshaped the development landscape in Paramus, NJ, as a fully entitled property near Bergen Town Center sold for $25 million. The site, currently occupied by an REI store and adjacent parking lots on Forest Avenue, just off Route 4, will soon be transformed into a vibrant mixed-use community featuring 426 residential units, retail spaces, and structured parking.

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Franklin Lakes Development Update: SHG Acquires 88 Acres, Affordable Housing Plans Still Unclear

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the staff of the Ridgewood blog

Franklin Lakes NJ,  a major land deal has officially closed in Franklin Lakes, but questions remain about when construction will begin on proposed housing developments.

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