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.

JLL: Owner of garden apartments in Sayreville, Paterson seeking buyer for 271-unit portfolio

A multifamily owner has tapped JLL to sell a two-property, 271-unit portfolio in Sayreville and Paterson that the listing team says offers “immense” upside through ongoing renovations.

C&W: Multifamily investor demand spikes in New Jersey, fueling $2.3 billion in 2025 sales

Multifamily sales volume in New Jersey reached $2.3 billion in 2025, a report by Cushman & Wakefield found, in a sharp rebound fueled by investor demand and record-high occupancy.

PS&S grows South Jersey presence with employee, practice transfer from Marathon Engineering

PS&S is once again expanding its team of consultants and design professionals, announcing an employee and practice transfer agreement with Swedesboro-based Marathon Engineering.

Hoboken rental property, would-be redevelopment site, trades for $2.2 million, Marcus says

A private investor in Hoboken has purchased a vacant apartment building with redevelopment potential, paying nearly $2.2 million in a deal arranged by Marcus & Millichap.

URW, Mill Creek break ground on new town green with 575 rentals at Garden State Plaza

A long-awaited plan to expand and diversify Westfield Garden State Plaza in Paramus is moving ahead with construction set to begin on a new public plaza and 575 luxury apartments.

HMH debuts pioneering health care center at Metropark — and a blueprint for NJ Transit

A facility that’s meant to be a model of inclusive, convenient access to health care is also a template for the type of transit-oriented development that is critical to New Jersey’s future.

PRCP closes $54 million sale of high-end Bridgewater retail center to Urban Edge, JLL says

Urban Edge Properties has completed its purchase of more than 92,000 square feet of upscale retail space in Bridgewater, in a $54.3 million deal arranged by JLL.

Longtime owners sell 26-unit East Orange apartment building in $2.6 million deal by ICON

A family ownership group has sold a 26-unit apartment building in East Orange for nearly $2.6 million, according to a listing team with ICON Real Estate Advisors.

CBRE: North Jersey investor seeking buyer for 209-unit East Orange multifamily portfolio

The owner of a new two-building, 209-unit apartment portfolio in East Orange has listed the properties for sale, brokers with CBRE announced Wednesday.

Investor buys 8,000 sq. ft. strip center in Jackson, Marcus & Millichap says

A local private investor has closed on its purchase of an 8,000-square-foot retail center in Jackson, in a newly announced deal by Marcus & Millichap.