Real Estate

Mixed Interest in Recent Atlantic City Property Auction. Minor Bidding War.

Six stories of Atlantic City blight up for auction. Yawn. A buddy bidding war for other properties down the block. Go figure. Yet another Atlantic City real estate auction took place on March 9. Out of 100 attendees, about half were registered to bid. Only a few walked away with property their won for just …

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Stockton Wants Bader, Stadium & Rink for Atlantic City Expansion?

Will Stockton University expand it’s Atlantic City footprint? Bader Field might be in their sights. We like that idea. But does the State of New Jersey? If Stockton University were to acquire parts of Bader Field, it would fit nicely with their new campus, under construction and scheduled to open in the Fall of 018. …

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Re-Invention of Atlantic City: Tennessee Ave Makeover

Can Atlantic City re-invent a once proud and prosperous Tennessee Ave?  Situated smack dab in the heart of downtown, Tennessee Ave. is a perfect parcel just off the Boardwalk. 81% of AC visitors walk by this block each day. Sadly, Tennessee Ave. features some of the least valuable beach block property in Atlantic City. After …

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Concrete Plays Major Role in Atlantic City Boardwalk Project

SEE PICS > You might think that wood makes up the majority of a new, elongated Atlantic City Boardwalk. Nope.  Steel, jetty rock and plenty of concrete from Penn Jersey Building Materials in Egg Harbor Township all play a major role in re-building our iconic wooden way. A major portion of the new Atlantic City …

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CRDA Scorecard. The Good, Bad & Ugly for Atlantic City.

Atlantic City casinos pay a 1.25 percent tax (IAT) on gambling revenue to finance projects that the CRDA deems economically and socially worthwhile. Since 2011, the IAT, Investment Alternative Tax , was tweaked to primarily assist AC projects. No longer would these casino taxes be used for myriad projects thru-out the state of NJ. CRDA Mission – …

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Jersey Shore Real Estate Execs Ponder Dual Agency Court Decision

Real Estate professionals along the Jersey Shore are keeping a close eye on this new court ruling. Real Estate agents must act in the interests of both buyers and sellers when one brokerage is handling a single transaction, the California Supreme Court said on November 21. In a decision that could turn dual agency on its …

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New Jersey Realtors Prep for Atlantic City Trade Show & Awards

Thousands of agents, brokers and other real estate pros will descend upon the Atlantic City Convention Center, Dec 5-8. The Triple Play REALTOR Convention & Trade Expo is coming to town. It’s the largest real estate convention and trade show of its kind in the U.S. Jersey Shore Real Estate, Atlantic City, Ventnor & Ocean …

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Straub: Title Issues to Slow Garden Pier Sale to Blatstein?

Is developer Bart Blatstein prepared to build a “multifaceted entertainment destination with art, music and food” on Garden Pier? Or is the chief of Tower Investments just grabbing prime AC property on the cheap? Blatstein already grabbed the rights to collect rent from tenants on the pier connected to Caesars, also known as the horribly named …

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Free Access to MLS. Real Estate Facing Greater Disruption

Nothing worse than paying 6% commission when selling your home, no matter if it was sold for $200,000 or $2 million. While some Realtors already quietly lower their fees, far too many stubbornly hold onto a 6% number they pulled out of their you-know-what. One unique, proprietary benefit of working with a full priced agent …

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Rebuilding Atlantic City Boardwalk Along The Inlet > SEE PICS

See pictures > The Army Corp of Engineers continue their push to reinvigorate the inlet section of Atlantic City. A key piece of that effort is the rebuilding of the Boardwalk, complete with seawall and jetty rocks. Once completed in late 2017 (?) , this re-built Inlet Boardwalk will finally connect to the popular beachfront …

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