The Empire State building was completed in 1931 which was the time
of the Great depression. It resulted in very low occupancy rates which were only 23% soon after the opening of the building. 

One more interesting fact about this building is that commercial rent isn't the main source of income for this building. 70% of its revenue comes from tourists who buy tickets to see its observation deck located on the 86th floor. 
Homes for Sale
with multiple offers
4 Woodlawn Terrace
Lake Hopatcong, NJ
127 Dupont Ave
Hopatcong Boro, NJ
3BD/2 Bath
Click here:
Contact us here for more information or to request a showing 
of these and/or other properties in your desired area.
WOOD you believe these home ideas?
Read our latest 5 Star Review

Doug Collinson came into our lives during a very emotional time. 
My last parent had passed away, leaving a house 1000 miles away, fully furnished that needed to be put on the market. Doug sent a proposal to not only assist with the sale, but offered other services such as connections needed for improvements,
removal of items, septic/plumbing services and detailed market insight. 

Doug made himself available for appointments that I was not able to attend on a regular basis. Throughout the entire process, I was kept up to date on buyer feedback and strategy changes to ensure alignment and honestly profitability. He was always available to speak to me, potential buyers, service providers and legal team.

Most importantly, Doug found the right buyer for the right price, and we sold the house. Doug truly went above and beyond our expectations and did a phenomenal job.

If you need someone who is knowledgeable, hardworking and honors all
commitments he makes to sell your house, then Doug Collinson is your man!

Michelle, Lake Hopatcong, NJ
(thank you Michelle - glad we made this process easy for you)
In this issue of Doug Talks...
Understanding Septic Systems

A septic system, also called an onsite wastewater treatment system (OWTS), is made up of a house sewer drain, septic tank, distribution box and soil absorption (leach) field.

The house sewer drain collects all the discharge from home fixtures, such as toilets, sinks, showers and laundry and connects to the septic tank.

The septic tank collects all the discharges from household plumbing and provides the needed time for wastes to settle or float. The heavy solids settle to the bottom of the tank where they are broken down by bacteria to form sludge. The lighter solids, fats and grease, partially decompose and rise to the surface to form a layer of scum. This process allows the partially treated wastewater to be released to the absorption field.

The distribution box evenly distributes wastewater from the septic tank to pipes in the trenches of the absorption field. It is important that each trench receives an equal amount of flow to prevent overloading to one part of the absorption field.

Trenches receive partially treated sewage.

The absorption (leach) field is a system of trenches and distribution pipes where wastewater is biologically treated by the surrounding soil. The system is partially filled with washed gravel, stone or a gravelless product. The absorption field must be properly sized, constructed and maintained to assure satisfactory operation and long life.

The vent permits gases that build up in the plumbing to exit the system.A septic tank should be pumped out every two to three years. A septage waste transporter (septic tank pumper) can inspect, measure tank layers and pump out the tank when necessary.

We will cover septic maintenance in a future issue of Doug Talks.
The "Doug Talks..." section will be featured in our monthly real estate email
and will include articles and/or videos showcasing some aspect of
home improvement, construction, or design.
2024 HGTV Smart Home Giveaway

This years HGTV Home Giveaway is in Anastasia Island, Florida. Inspired by coastal charm this 3,400+sq ft home is sure to please the pickest people.

Take a video tour here:

To enter to win here, click here.
The Truth about Down Payments

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.
Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your home buying dream than you realize.

According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, for all homebuyers today it’s only 15%. And it’s even here for full article.
Doug Collinson Real Estate Group
44 Whippany Rd, Suite 230, Morristown, NJ 07960
Office (973) 539-1120

Doug Collinson Cell: (973) 214-0347
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