“The Kernel”A New Mini-Blog By Mayor Joseph Scarpelli of Nutley NJ

"The Kernel" is my new mini-blog that will highlight happenings in Nutley

“The Kernel” is my new mini-blog that will highlight happenings in Nutley. I hope everyone will find the information provided interesting, educational, and occasionally entertaining.

Our premier blog will be a brief history and update on the former Roche property, now called ON3.

Many exciting developments have occurred on ON3 since Roche announced their departure.

Prism Capital Partners purchased the site with a vision of filling the 5 vacant buildings left by Roche and transforming the campus into a life science innovation center.

Nutley is proud that the new state-of-the-art Hackensack School of Medicine at Seton Hall, along with Seton Hall’s School of Health and Medical Sciences, and their School of Nursing have called Nutley their home and are the centerpiece of the new campus.

Modern Meadow, also located in Nutley, is a bio-manufacturing company that produces leather in a laboratory. They have already garnered worldwide attention with their cutting edge technology. They occupy 111 Ideation Way, along with Hackensack Meridian’s Institute for Multiple Myeloma. The Institute will be conducting cancer research to support Hackensack Meridian’s clinical partnership with Sloan Kettering. Also in the same building, the NJIT Innovation Institute’s gene cell therapy laboratory will be leasing space.

Ralph Lauren Corp. has also signed a lease to occupy the entirety of 100 Metro Boulevard. The company, headquartered in Manhattan, plans on retaining 518 jobs and create another 250 positions.

With Ralph Lauren’s addition to the ON3 campus four of the five vacant buildings left upon Roche’s departure will be filled. We eagerly anticipate the announcement of a signed lease for the only remaining vacant building, the iconic 14 story building. This building has outstanding views of Manhattan and the entire metropolitan area. I look forward to seeing who the new tenant will be.

Most recently, Quest Diagnostics started construction to build a new 250,000 square foot facility in Clifton that will be a regional laboratory covering four states.

With the co-location of the School of Medicine, Modern Meadow, Ralph Lauren, Hackensack Meridian cancer research, Quest Diagnostics, and the NJIT Innovation Institute the ON3 site is fast becoming the most exciting, life science, education, research, and international design innovation hub in the entire tri-state area.

Over the past couple of years, many pieces have begun to fall in place to transform the former Roche campus. More than 1200 people are currently in and out of the site on a daily basis. These positive changes have started to invigorate our local economy.

As the campus continues to expand our property values will increase and new construction will add much needed ratables to our revenue base. I am honored and privileged to be Nutley’s mayor during this exciting time in our history.

Written By: Mayor Joseph Scarpelli of Nutley NJ

 

3 Reasons Why Your Home Did Not Sell in Nutley

3 reasons why youe home did not sell in Nutley3 Reasons Why Your Home Did Not Sell in Nutley New Jersey

Being a very busy Real Estate Broker in Nutley New Jersey, I have come up with the top 3 Reasons Why your home did not sell in Nutley NJ

1.Price – You Priced The Property Above What The Market Would Pay For The Home in Nutley, Now You Are Chasing The Market & Accumulating Days On The Market Which Some Home Buyers May Look At In A Negative Way, You Need To Get A Head Of The Market To Get The Home Sold.

2.Marketing – The Home Is  Not Being Marketed In The Proper Way, Is Your Agent Doing Everything They Can?  Not Only On The MLS But Also Running Social Campaigns & Using All Of Today’s Technology To Get As Many Eyes On The Property, It’s 2019 Not 2009.

3.Hiring The Wrong Agent – How did you choose your agent? A Friend, A Family Member? or Maybe Worst A Co-Worker? When Hiring An Agent To Sell The Largest Asset You May Own Sometimes Hiring Someone Close To You May Not Be The Best Idea, Because Those People Will Not Give You An Honest Answer As What Needs To Be Done To Sell The Home At That Point in Time.

There are a multitude or reasons why a home won’t sell in any market, some homes are just located in the wrong area or maybe need too much work, are not near job centers it all depends, yes the economy does affect but so does marketing, knowledge of the area, the strength of the database of the agent you are working with and so much more.

If you have anymore questions about selling a home in Nutley NJ, Call/Text me at 862-228-0554

Matthew De Fede – Broker/Owner of Realty Executives Elite Homes

Just Sold – 78 Cortlandt St. in Belleville New Jersey

We just sold this 2 bedroom 1 bath single family home in Belleville NJ, It was a challenging sale and we had several offers fall apart but the 4th deal we had stuck and we made it work, even financing was a challenge but we were able to get the buyer to the closing table.

78 Cortandt St Belleville NJ

Just Listed: 1 Bedroom Unit in Belleville NJ

This unit located in Arbor Hills in  Belleville NJ Is For Sale! This unit is approx 800 Square Feet located on the 3rd floor overlooking the pool,  This unit is great for NYC Commuters it is currently listed for $118,900.00 Contact Matthew De Fede at 862-228-0554 for more information. You can own this unit for 10% down!!! Arbor Hills is close to all NYC transportation, Major Roards and 12 Miles out from NYC.

This Unit Features:

  • Wood Floors
  • Updated Counters
  • High Hat Lighting
  • Deck with a view
  • Gated Community
  • Gym
  • Pool
  • Close to NYC

This would be  a great home for a NYC commuter, or someone looking to purchase their first home with low maintenance, live the convenient life style in New Jersey and we can help you get a down payment for this home.

Arbor Hills in Belleville NJ

Arbor Hills in Nutley & Belleville NJ

Matthew De Fede is the #1 Listed & Sold Broker in the Arbor Hills Complex in Nutley/Belleville

Here are some of our most recent Listed Co-ops & Sold Listings in Arbor Hills

Just Listed – 827K – For Sale $118,900.00

 

SOLD – 7G – Arbor Hills – Nutley

7 River Rd Unit G

 

SOLD – 19A – Arbor Hills – Nutley

Unit 19 A

SOLD – 826H – Arbor Hills – Belleville

826 H Arbor Hills

SOLD – 830 Main Ave – Arbor Hills – Belleville

830 Main Ave Arbor Hills

SOLD – 837 Main Ave. – Arbor Hills – Nutley

837 F Main Ave

These are a hand full of some of the units I have listed and sold, We also do many rentals in Arbor Hills, If you are looking to rent Please Contact me at 862-228-0554

 

31 Hay Ave in Nutley, Just Listed

The Centre Street Bridge in Nutley reopened

The historic Centre Street Bridge in Nutley reopened today after modernization right in time for the holidays! We were happy to open early before the end of the year. We will return in the Spring for finishing touches. Centre St Nutley

Christmas in Nutley NJ

Christmas in NUtley

Buying A Home in Nutley New Jersey?

This Is A Special Post For My Son On His Birthday

Happy Birthday 🎁 to one of the sweetest most innocent souls that I know, he doesn’t care about money, he doesn’t care about cellphones or anything superficial he’s the purest person I know my son Matthew ❤️ #autismawareness

Matthew De Fede

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