Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Residential & Mixed Use
SAGE: Benchmark deal in Chatham among three multifamily sales totaling $29.4 million

A new eight-unit luxury rental property in Chatham has sold for nearly $5.4 million, in one of three newly announced transactions by SAGE Investment Real Estate Advisors.

Retail
Longpoint inks 11,000 sq. ft. in new leases, renewals at Bedminster retail center, JLL says

An affiliate of Longpoint Realty has secured three new leases and two renewals in Bedminster, where brokers with JLL are spearheading plans to revamp a grocery-anchored retail property.

Residential & Mixed Use
Denholtz rebrands 214-unit North Bergen rental property to expand ‘Rail Living’ platform

Denholtz has rebranded a 214-unit luxury apartment complex in Hudson County, a move aimed at integrating the property with others in its growing multifamily portfolio.

Hospitality & Tourism
TFE buys well-known boardwalk site in Ocean Grove, eyes new community pavilion

TFE Properties has acquired a vacant boardwalk property in Ocean Grove that it now hopes to revitalize with a new 40,000-square-foot pavilion and community destination.

Industrial
Sheldon Gross: PuroClean takes 5,500 sq. ft. at Garwood light industrial building

A property damage restoration service has leased 5,500 square feet of light industrial space in Garwood, according to a brokerage team with Sheldon Gross Realty.

Residential & Mixed Use
Matthews lists Newark development parcel slated for 53-story, 490-unit rental tower

A major development site in downtown Newark is on the market for sale, offering the potential for a project with 490 apartments and 44 hotel rooms just south of the Prudential Center.

Residential & Mixed Use
Sparrow Management eyes major portfolio milestone as it marks five-year anniversary

Sparrow Management is marking five years since its founding — and it’s looking ahead to another milestone after a major expansion of its footprint in 2025.

Retail
RIPCO: Tenant wanted for space at new strip center at ShopRite in Sussex County

The owner of a grocery-anchored retail property in Sussex County has tapped RIPCO Real Estate as the leasing agent for the property’s newest phase.

Residential & Mixed Use
Bernardsville retail, apartment property trades for $1.9 million, Deluccia says

A private investor has acquired a 6,600-square-foot mixed-use property in Bernardsville for $1.9 million, according to a brokerage team with Deluccia Commercial Group.

Health Care
Larken, infusion center ink 3,200 sq. ft. lease at Parsippany office building

An infusion center has found a new location in Parsippany, joining the tenant roster at a nearly 55,000-square-foot professional and medical office building owned by Larken Associates.