As Interest Rates Rise, The NJ Real Estate Market's New Twist

As a result, Jeff Otteau, the founder of the Otteau Group Real Estate Valuation and Consulting Co. in Matawan, and managing broker at Hudson Atlantic Realty, said the housing market in New Jersey continues to unravel.

Here are the N.J. Towns Where the Housing Market May Be Cooling the Most

“We’re now transitioning from a seller’s market … to a buyer’s market in which home buyers no longer feel a sense of urgency to buy quickly before prices go higher,” said Jeffrey Otteay, a real estate economist and president of the Otteau Group.

Hudson Atlantic Realty closes sale of Stratford, NJ Apartments for $9.5 Million

Hudson Atlantic Realty has announced its latest deal closing of an apartment property in Camden County.

Hudson Atlantic Realty closes $15.6M deal for 4 multifamily buildings in East Orange

Four multifamily buildings with a combined 96 apartment units in transit-oriented East Orange have sold for $15.6 million, according to a Thursday announcement from Hudson Atlantic Realty.


Buying a Home in New Jersey Just Got Tougher

According to Jeff Otteau, the founder of the Otteau Group Real Estate Valuation & Consulting Co. in Matawan and the managing broker of Hudson Atlantic Realty, this latest interest rate hike will accelerate and exaggerate the slowdown of the real estate market in the Garden State that is already underway.


Bloomfield Apartment Building Trades for $3.7 Million, Hudson Atlantic Says

A private buyer has purchased a 22-unit apartment building in Bloomfield for $3.65 million, according to a brokerage team with Hudson Atlantic Realty.


Hudson Atlantic Realty sells Old Bridge portfolio for $24.5M

The Matawan-based brokerage, co-founded by Adam Zweibel and Jeffrey Otteau, on Monday announced that it has already closed four multifamily deals in 2022, the latest of which was a two-property portfolio that sold for $24.5 million.