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.

Government & Public Policy
EDA approves $400 million Aspire tax credit for new RWJBarnabas hospital at Fort Monmouth

Plans to build a new $1.5 billion hospital at the historic Fort Monmouth property are moving ahead with the help of a $400 million tax credit award under the state’s Aspire program.

Industrial
Sitex adds 26,000 sq. ft. Monroe warehouse as latest acquisition in Central Jersey

Sitex Group has acquired a 26,000-square-foot warehouse in Monroe, adding to its portfolio in the well-known Exit 8A submarket along the New Jersey Turnpike.

Residential & Mixed Use
Marcus: Jersey City property with 19 apartments, retail space fetches $6.3 million

An investor has picked up 19 apartments and three ground-floor retail spaces in Jersey City after acquiring a mixed-use building for $6.25 million, brokers with Marcus & Millichap announced.

Deals
Sheldon Gross: Historic East Orange complex that’s home to artists, small businesses sells for $10.5 million

A historic commercial complex in East Orange — one that now serves as a hub for local artists and entrepreneurs — has changed hands for $10.5 million.

Health Care
Growing aesthetic, longevity clinic takes 2,200 sq. ft. in Warren, Deluccia says

A medical aesthetic and longevity practice has leased nearly 2,200 square feet at a Warren commercial property, in a deal arranged by Deluccia Commercial Group.

Retail
Local investor buys upscale 147,000 sq. ft. shopping center in North Brunswick, JLL says

An affiliate of The Azarian Group has sold the leasehold for a nearly 147,000-square-foot shopping center in North Brunswick, according to a listing team with JLL.

Sponsored Content
Real Estate NJ’s 2026 Market Forecast

Even with stretches of volatility in 2025, it was clear to many of our industry experts that capital and confidence had returned to the market in a way not seen in several years. That sets the stage for what could be a stronger and perhaps smoother 2026, one marked by conviction in fundamentals rather than cautious optimism. You can read all about it in our 2026 Market Forecast, which features a distinguished list of commercial real estate experts and predictions on everything from leasing and lending to affordable housing, energy and capital markets.
You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Residential & Mixed Use
Kislak inks $20 million sale of 80-unit garden apartment complex in Neptune City

A private investor has acquired an 80-unit garden apartment complex in Neptune City for $20 million, according to a listing team with The Kislak Co. Inc.

Residential & Mixed Use
Developer family sells 124-unit Matawan apartment complex in deal with Pentaurus Properties

Pentaurus Properties has added to its New Jersey multifamily portfolio with its purchase of a 124-unit garden apartment complex in Matawan.

Professional Services
Longtime retail broker Finkelstein joins VanRockCRE to reunite with Huter, Palestina

VanRockCRE has welcomed veteran retail broker Lew Finkelstein, bolstering its team just months after the launch of the Midland Park-based commercial real estate services firm.