"We're no stranger to the New Jersey market – it's one of the most active home buying markets in the country," says MMC chairman/CEO Melissa Cohn.

Barry Habib, better known as CNBC's residential mortgage expert, is heading up the new branch. Habib, a managing director at MMC and formerly with Certified Mortgage Associates, has his own monthly show on CNBC and is regularly featured on NBC, CNN, Dow Jones, Bloomberg Television and the Business News Radio Network.

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