https://www.thejkrealtygroup.com/blog/ South Jersey housing market news and local stories from The JK Realty Group. en-us Sun, 16 Aug 2026 16:00:00 GMT https://www.thejkrealtygroup.com/blog/jk-market-2026-07.html https://www.thejkrealtygroup.com/blog/jk-market-2026-07.html Sun, 16 Aug 2026 16:00:00 GMT Market New Jersey REALTORS® data for July 2026 puts the statewide single family median at $650,000, up 4.0% from a year ago, on 2.9 months of supply. Here is the statewide picture and the eight South Jersey counties. The statewide single family median was $650,000 in July, up 4.0% from July of last year, on 2.9 months of supply. Closed sales came to 6,262, up 9.2%, new listings to 7,963, up 1.3%, and pending sales to 5,396, down 3.0%. Sellers received 103.2% of list price, and homes took 32 days on market. Year to date the median is $610,000, up 3.7%. https://www.thejkrealtygroup.com/blog/anchor-relief-2026.html https://www.thejkrealtygroup.com/blog/anchor-relief-2026.html Sat, 15 Aug 2026 16:00:00 GMT Resource More than 1.1 million New Jersey homeowners and renters were automatically enrolled in this year's ANCHOR property tax relief; if anything changed since last year, there is a form and a deadline. The state has sent letters to more than 1.1 million homeowners and renters confirming they are automatically enrolled in the ANCHOR property tax relief program for this year. Automatic enrollment covers people under 65 who received ANCHOR before. If nothing has changed since last year, there is nothing to do; the payment arrives by check or direct deposit. https://www.thejkrealtygroup.com/blog/ocean-city-seaspray.html https://www.thejkrealtygroup.com/blog/ocean-city-seaspray.html Sat, 15 Aug 2026 16:00:00 GMT Approvals The condemned Seaspray complex at 34th Street and Bay Avenue is being gutted for demolition, and a four-story building with 43 condos goes up in its place, with construction starting in early 2027. The How Group of Conshohocken, Pa. bought the condemned Seaspray complex at 34th Street and Bay Avenue in late 2025 for $5.96 million and has started gutting the interiors for demolition. The property had been listed at $7 million in 2024. A worker on site said the buildings were expected to come down within a couple of weeks. https://www.thejkrealtygroup.com/blog/nj-july-housing-2026.html https://www.thejkrealtygroup.com/blog/nj-july-housing-2026.html Fri, 14 Aug 2026 16:00:00 GMT Market New Jersey Realtors' July data shows 21,637 homes on the market statewide, up 5.9 percent from a year ago, while the year-to-date single-family median climbed to $610,000. Across New Jersey, buyers had 21,637 homes to choose from in July, almost 6 percent more than in July of last year. Homes are taking longer to sell, too: 40 days on market on average year to date, up 8.1 percent. https://www.thejkrealtygroup.com/blog/healthtrax-washington-twp.html https://www.thejkrealtygroup.com/blog/healthtrax-washington-twp.html Thu, 13 Aug 2026 16:00:00 GMT Announced Healthtrax Fitness & Aquatics is taking over the former Virtua fitness center on Hurffville-Cross Keys Road, closed since the end of 2018, with an opening listed for this fall. Healthtrax Fitness & Aquatics is moving into the former Virtua fitness center at 239 Hurffville-Cross Keys Road, inside the 250,000 square foot Virtua Health & Wellness Center in the Sewell section of Washington Township. The gym space has sat closed since the end of 2018, nearly eight years. Healthtrax lists it as coming soon this fall; no exact date has been announced. https://www.thejkrealtygroup.com/blog/nordstrom-rack-deptford.html https://www.thejkrealtygroup.com/blog/nordstrom-rack-deptford.html Thu, 13 Aug 2026 16:00:00 GMT Announced Nordstrom Rack has set October 29 for its Deptford Town Center opening, joining Aldi and Tractor Supply in the building across from the Deptford Mall. The store is at Deptford Town Center, 1775 Deptford Center Road, across from the Deptford Mall. The signs are up on the building, and inside, the fixtures and shelving are going in and the checkout area is largely built. Opening day is October 29. https://www.thejkrealtygroup.com/blog/shoprite-galloway.html https://www.thejkrealtygroup.com/blog/shoprite-galloway.html Thu, 13 Aug 2026 16:00:00 GMT Ground broken Six years after approval, a new 86,000 square foot ShopRite is standing and mostly enclosed on Jimmie Leeds Road, and AtlantiCare has approval to turn the old store into medical offices. The new ShopRite of Galloway at 501 East Jimmie Leeds Road was approved in 2020. Land clearing began last summer, and the 86,000 square foot main structure is now standing and mostly enclosed. It replaces the 55,040 square foot ShopRite about a block away, at Jimmie Leeds Road and South Pitney Road, which opened in October 2007 in a converted Stop & Shop. https://www.thejkrealtygroup.com/blog/amazon-hamilton.html https://www.thejkrealtygroup.com/blog/amazon-hamilton.html Mon, 10 Aug 2026 16:00:00 GMT Approvals A 1.2 million square foot Amazon fulfillment center is approved for the former Atlantic City Race Course property in Hamilton Township, bringing about 750 full-time jobs. Amazon's plan for the former Atlantic City Race Course property in Hamilton Township is moving ahead. The township approved the project this summer. The building covers about 1.2 million square feet on roughly 138 acres along Leipzig Avenue, and with a mezzanine inside, the working floor area comes to about 2.26 million square feet. https://www.thejkrealtygroup.com/blog/sewell-hot-zip.html https://www.thejkrealtygroup.com/blog/sewell-hot-zip.html Mon, 10 Aug 2026 16:00:00 GMT Market Realtor.com placed Sewell's 08080 third on its 2026 Hottest ZIP Codes in America list, the strongest New Jersey finish after Montclair at No. 2. Peabody, Massachusetts took No. 1 on Realtor.com's 2026 list, Montclair, New Jersey took No. 2, and Sewell, ZIP 08080, took No. 3. A third New Jersey ZIP, Hackettstown 07840, came in at No. 19. https://www.thejkrealtygroup.com/blog/sprouts-sewell.html https://www.thejkrealtygroup.com/blog/sprouts-sewell.html Mon, 10 Aug 2026 16:00:00 GMT Announced Sprouts Farmers Market opens Friday, September 11 at 280 Egg Harbor Road in the Sewell section of Washington Township, with a grand opening weekend and 26 jobs posted so far. Sprouts Farmers Market has set Friday, September 11 as opening day for its Washington Township store at 280 Egg Harbor Road, near Hurffville-Grenloch Road in the Sewell section. The 23,000 square foot store uses the chain's latest prototype, the same design as its West Deptford location. Its other South Jersey stores are in Marlton, Haddon Township and West Deptford.