New Jersey RealEstateRama

NEWARK, NJ - August 12, 2011 - (RealEstateRama) -- U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced that the City of Camden, Union County and Union Township will receive more than $11,513,236 million in federal funding for community development, emergency homeless shelters, housing assistance and supportive services for persons with HIV/AIDS, and to expand access to affordable housing for low-and moderate-income families.

Princeton Junction, NJ - August 8, 2011 - (RealEstateRama) -- The Franklin Group, including Sally Franklin, Samuel Franklin and Peter Franklin, sales associates with Gloria Nilson, Realtors, Real Living in Princeton Junction are currently marketing Cross Creekat Chesterfield, 318 extraordinary homes in 7 neo traditional designs with community parks and tot lots, as well as The Estates at Cross Creek, an intimate enclave of only 23 homes located on a quiet cul-de-sac street.

JERSEY CITY, N.J. - August 3, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa today joined State Senator Sandra B. Cunningham, Mayor Jerramiah T. Healy, and other officials at the ribbon cutting for 13 affordable housing units in Jersey City that received $1 million in Neighborhood Stabilization Program funds through the DCA. The grant is paid for with federal funds intended to stabilize neighborhoods hard hit by home foreclosures.

July 29, 2011 - (RealEstateRama) -- The $12 million sale price for Long Point in Rumson, N.J., has secured Kelly Zaccaro’s place in the annals of real estate history. On the heels of four continuous months of improving national home sale numbers, Zaccaro, a veteran sales associate with the Rumson office of Gloria Nilson, REALTORS®, Real Living – the leading high-end real estate brokerage in central New Jersey – recently closed the single largest residential real estate transaction in the history of Rumson.

Trenton, NJ - July 21, 2011 - (RealEstateRama) -- Highlighting the direct relief provided to New Jersey seniors in his Fiscal Year 2012 Budget, Governor Chris Christie today met with senior Sultana Kizides at her home in Perth Amboy to have a conversation about how his budget maintains fiscal discipline while prioritizing and funding core priorities to assist New Jersey seniors

WASHINGTON, DC - July 20, 2011 - (RealEstateRama) -- In the wake of recent allegations that illegal foreclosure “robosigning” by banks is still rampant, U.S Senator Robert Menendez (D-NJ), Chairman of the Senate Subcommittee on Housing, Transportation, and Community Development, and nine additional Senators sent a letter today to the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation urging the agencies to publicly release information regarding each mortgage servicer’s performance to prevent illegal foreclosure practices. An identical letter was sent by Rep.

TRENTON, NJ - July 18, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor announced that a Paulsboro woman who formerly worked as a local administrator of the New Jersey Home Energy Assistance (HEA) Program was sentenced to state prison today for defrauding the program of more than $20,000 by filing false applications to obtain benefits. In addition, a second former local administrator of the program pleaded guilty today to stealing over $40,000 in program benefits through the submission of fraudulent benefit applications.

NEWARK, N.J. - July 15, 2011 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today joined City of Newark Mayor Cory Booker and local officials to break ground on Baxter Park, an affordable apartment community to be located at 39-47 Sussex Avenue near Newark’s Broad Street Station District. The HMFA, an affiliate of the Department of Community Affairs (DCA), provided construction and permanent mortgage financing in the amount of $16,350,000 for the project. Baxter Park also is expected to be awarded federal Low Income Housing Tax Credits, which will generate approximately $10.2 million in private equity.

July 15, 2011 - (RealEstateRama) -- That’s what mattered most to the management at Gloria Nilson, Realtors®, Real Living®, when they sought a new regional office that had been centered in nearby Hamilton for more than 20 years.

July 6, 2011 - (RealEstateRama) -- Gloria Nilson, REALTORS®, Real Living, the preeminent high-end real estate brokerage in central New Jersey, announced today the appointment of Casey Jones as director of its Elegant Homes International division. With more than 35 years of real estate sales growth and brand marketing experience, Jones joins Gloria Nilson’s executive team where he will assist its real estate agents with the day-to-day efforts of servicing existing clients and generating new business for all associates. An expert in sales positioning and market presence, Jones’ ambition is to increase the firm’s presence and build a successful, customer service-driven real estate boutique office in the Princeton marketplace.

WASHINGTON, DC - July 4, 2011 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined other federal and City of Paterson officials in opening the Belmont Senior Apartments, which provide 85 units of affordable housing for seniors. The Congressman also announced a $425,491 grant from the U.S. Department of Housing and Urban Development for resident support services at the Belmont Senior Apartments and other affordable housing developments in the city.

WASHINGTON, DC - June 17, 2011 - (RealEstateRama) -- Today, a dozen U.S. Senators sent a letter to the Office of the Comptroller of the Currency (OCC) urging the agency to work with State Attorneys General, the U.S. Department of Justice (DOJ), and the U.S. Department of Housing and Urban Development (HUD) to hold mortgage servicers accountable for deficient servicing procedures and improperly foreclosing on homeowners and to develop a comprehensive solution to fix the broken foreclosure process.

TRENTON, NJ - June 16, 2011 - (RealEstateRama) -- Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. Taylor announced that two Pennsylvania men and a construction company have been charged in a state grand jury indictment for their alleged roles in an insurance fraud scheme that targeted homes purportedly damaged by hail.

TRENTON, N.J. - June 16, 2011 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Commissioner Lori Grifa and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony Marchetta today urged prospective homebuyers to take advantage of The Road Home New Jersey, a new consumer education tool that will help guide them in the home buying process

NEWARK, NJ - June 16, 2011 - (RealEstateRama) -- A Cape May County campground, accused of failing to tell mobile home owners it would take half the profit when their mobile home was resold, plus a 10 percent sales commission, has agreed to pay restitution to affected consumers, under terms of a settlement reached with the New Jersey Division of Consumer Affairs.

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NEWARK, NJ - May 26, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Deputy Secretary Ron Sims today awarded $18.4 million to revitalize the Alexander Hamilton development in Paterson, NJ. The high and low-rises formerly on the site will be replaced with 201 townhouse rental and for-sale units, as well as 70 off-site rental units for seniors. Sims made the announcement at the Paterson Housing Authority site, and was joined by Senator Frank Lautenberg, Congressman Bill Pascrell, Paterson Mayor Jeffrey Jones, and Paterson Housing Authority Executive Director Irma Gorham

May 26, 2011 - (RealEstateRama) -- In response to the recent Tax Foundation study, again demonstrating the regressive burden shouldered by New Jersey property taxpayers, League of Municipalities’ President, Mayor Chuck Chiarello of Buena Vista Township, issued the following statement: