Welcome to the Riverside NJ Real Estate January 2007 update.  Riverside a relatively small town located in Burlington County down Rt. 130 from the Betsy Ross Bridge.  In Riverside you'll find older homes that are reasonably priced which works out well for a family just starting out or with limited resources.  In January 2007, 5 homes sold and the details are as follows: Street  Sold Price   Bed / Bath  Days on Market Bem St       140,000  2 1/1  41 Bem St       146,000  2 1/0  32 Hooker St       159,900  2 1/0  166 Rancocas Ave       225,000  4 2/0  21 Greenwood Ave       240,000  3 1/0  186      Based on information from Trend for the month of January 2007, on Feb. 12th 2007   02/12/2007

Until recently, Riverside was a small quiet town located in Southern New Jersey just minutes from Philadelphia.  For several months the Riverside Illegal Immigration Relief Act has been in the works which has faced debates, protests and even lawsuits.  Now today, the new law is now in effect.  What is all the controversy about?  Basically, it is now illegal for landlords to rent to illegal immigrants and for businesses to hire them.  Violators will face fines between $1,000 and $2,000, and the loss of business licenses and termination of township contracts or grants.  This is very similar to the law recently passed in Hazleton, PA. The question is, can a law like this be enforced?  Keep in mind, this is a small town with limited funds.  I own a rental property in Riverside and am very c... 11/28/2006