An apparel and accessories company has leased 4,000 square feet of industrial space in the Bergen County borough of Dumont, according to a broker with NAI James E. Hanson.
Real Estate NJ’s 2024 Market Forecast
After finding its footing in the pandemic, the commercial real estate market was back on its heels by late 2022 thanks to fast-rising interest rates and fears that the worst is still to come. Developers, investors and other industry stakeholders in New Jersey are now bracing themselves for more uncertainty in 2023, as they also prepare to seize the opportunities that often come with economic distress.



