This Week’s Blog by The Egri Team

The market's moving—fast. Here’s how New Jersey homeowners and buyers are staying one step ahead:

Ready to make moves in a shifting market? We’ll help you map the next step. 👇

 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Egri Edge: Your NJ Real Estate Roundup

This Week’s Blog by The Egri Team

The market's moving—fast. Here’s how New Jersey homeowners and buyers are staying one step ahead:

  • 🏘️ Inventory is rising—and smart sellers are adjusting with precision

  • 🔧 Small, functional upgrades are grabbing buyer attention across the state

  • 💰 Shore rentals are cooling off, opening the door for off-season deals

Ready to make moves in a shifting market? We’ll help you map the next step. 👇

Thinking of Selling? Here's What Actually Pays Off

Waiting for the “perfect” moment to sell?

You're not alone, and you’re not wrong to hesitate.

But here’s the truth:

🕒 Timing the market rarely works.

🛠️ Preparing for it always puts you in control.

Why Playing the Waiting Game Can Cost You

There’s no blinking sign that says Now’s the time!

By the time it feels “safe” to list, the opportunity often slips away.

Prep = Power

Getting ready doesn’t mean you need to list tomorrow.

It means you’re setting yourself up to win when the right moment comes.

📍 Whether you're in Edison, Woodbridge, Metuchen, or Sayreville, this kind of prep puts you ahead of the curve.

www.teamegri.com

Think Waiting for Rates to Drop Will Help? Think Again.

Interest rates have everyone talking.

But here’s what most buyers miss: Waiting can cost you more than you think.

Why “Later” Could Mean Losing Out

In today’s market:

  • Homes are scarce

  • Demand is fierce

  • Prices are rising

The longer you wait, the more competitive it gets.

And by the time rates change—if they ever do—you might be staring at higher home prices or lost opportunities.

Confidence Beats Hesitation

Market noise and shifting headlines create uncertainty. But that shouldn’t hold you back.

With the right guidance, you can cut through the noise, know your options, and make confident moves that align with your goals.

📩 You don’t have to figure it out alone. We’ll help you make every step clear and doable.

www.youtube.com

Personal Guidance From NJ Real Estate Experts

Thinking About a Move? Let’s Talk.

A quick call can bring clarity to your next step—whether you’re buying, selling, or just exploring options.

  • Local insight you can count on

  • Support tailored to your needs

  • Straightforward answers—no sales pitch

Work with a team that treats you like a neighbor, not a lead.

Inventory Climbs Again—What It Means for NJ Buyers & Sellers

For the second straight month, home listings in New Jersey jumped more than 20%—a clear sign the market is shifting. June brought 17,277 active listings statewide, up 22.3% from last year and 5.18% from May.

  • 🏠 More homes for sale = more options

  • 📉 But price cuts and longer market times suggest buyers are taking their time

Wondering how this affects your move? Let’s unpack the data.

www.northjersey.com

Function Sells: Why Buyers Want Practical Over Pricey

New Jersey’s real estate market is holding strong from Bergen County to the Shore—but so is the competition.

Today’s buyers aren’t chasing marble finishes or designer labels.

They’re asking one simple question: Does this home make everyday life easier?

And that’s exactly where smart, practical upgrades are making a difference.

breakingac.com

Local Events

What’s Happening:

👻 Walk the Shadows of Asbury Park

  • Uncover the haunted side of the Shore on a guided ghost tour through Asbury Park’s eerie past. From boardwalk legends to unexplained sightings, this is your chance to explore the city’s most chilling stories—one step at a time.

  • 📅 Starts Friday, July 17 (more dates all summer long)

  • 📍 Asbury Park Boardwalk

🏖️ Sand, Sun & Sculptures in Belmar

  • Get ready for one of the Shore’s most beloved summer events—where imagination takes shape in the sand. The annual Belmar Sandcastle Contest brings families, artists, and beachgoers together for a day of fun, creativity, and coastal charm.

  • 📅 Wednesday, July 16, 2025

  • 📍 Belmar Beach

🍴 Taste Your Way Through Bordentown

  • Step into the heart of Bordentown for a walking food tour filled with flavor, history, and local charm. From savory bites to sweet surprises, each stop serves up a story you’ll want to savor.

  • 📅 Saturday, July 19

  • 📍 Bordentown, NJ

🎭 Theater Under the Stars: RENT in the Park

  • Experience the iconic musical RENT like never before—live, outdoors, and under the summer sky. This beloved production takes center stage in Roosevelt Park for a limited run filled with music, emotion, and unforgettable moments.

  • 📅 July 9–19 (No shows on Sundays)

  • 🕗 All shows begin at 8:00 PM

  • 📍 Stephen J. Capestro Theater, Edison, NJ

Selling Your Home in NJ? 46.2% of Owners Could Face a Costly Surprise

If you’re a homeowner in New Jersey, there's a growing risk you can’t afford to ignore:

📉 Nearly half of sellers could owe thousands in hidden home equity taxes.

A new analysis from the National Association of Realtors® reveals that 46.2% of New Jersey homeowners now have more equity than the IRS allows to be tax-free—and 12.7% exceed the cap even for joint filers.

The Tax That Time Forgot

The capital gains exclusion was set in 1997:

  • $250,000 for individual sellers

  • $500,000 for married couples

But home prices have skyrocketed since then—up over 260% nationwide.

What does that mean? If your home has appreciated beyond those limits, you could be on the hook for federal and state taxes when you sell.

www.sfgate.com

Why Jersey Shore Rentals Are Suddenly on Sale

If you haven’t booked your Shore getaway yet, this might be your lucky break.

A cool, rainy spring—and a dose of economic hesitation—led to a slow start for summer rentals across the Jersey Shore. Now, vacancies mean discounts, and savvy vacationers are jumping on newly lowered rates.

What’s Fueling the Dip?

Local agents point to two main factors:

  1. Unseasonably chilly spring weather

  2. Economic pause among renters from March through June

But once the summer heat arrived, so did the calls.

“Since the heat got here, the phone has been ringing off the wall,” says Bill Hodgson of Island Realty in Surf City.

And that last-minute wave means deals are out there—especially if you’re flexible.

www.nj.com

Local Spotlight of the Week

🍔 Local Flavor. Friendly Faces. Firehouse Vibes.

Firehouse Eatery & Pub – Rahway, NJ

If you know, you know—and if you don’t, it’s time to find out. Firehouse Eatery & Pub in Rahway is a neighborhood favorite for a reason: daily specials, a relaxed crowd, and the kind of service that feels like home.

Whether you’re grabbing a burger, catching the game, or just kicking back with friends, this spot delivers comfort with character.

🍻 Come for the food—stay for the community.

Got Questions or Want to Learn More?

We’d love to hear from you. Whether you have feedback, questions, or you’re ready to explore further, we’re here to help.

📩 Contact us at 732-516-8924

or simply click below to visit our website.

           

New here? Signup

 

Forward To Your Friends

Copyright © The Egri Team Brokered By KW Elite Realtors. All rights reserved.
481 Memorial Parkway, Metuchen, NJ 08840
Unsubscribe

Contact us: 732-516-8924 | website: https://www.teamegri.com/