How does the real estate market operate in Kiryas Joel?
A. Over 90% of the property in the Village of Kiryas Joel is owned by private owners or developers. There is no restriction on who can buy property or who can reside in the community. Currently, the vast majority of the residents are members of the Satmar Chasidic Community, who choose to reside in KJ to be close to family and friends, who share their culture and language. In addition, most of KJ residents rely on the “religious infrastructure” of schools, synagogues, ritual baths and kosher food facilities that are unique to the community and not available in most other parts of the State.
