Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Residential & Mixed Use
SAGE: Woodmont sells 300-unit Hopewell rental property in $116 million deal

Woodmont Properties has sold a new 300-unit luxury apartment community outside Princeton for nearly $116 million, brokers with SAGE Real Estate Advisors announced Thursday.

Residential & Mixed Use
Pennrose, officials mark start of construction for new veterans senior housing in Woodbridge

Pennrose has broken ground on a project that will bring 60 units of affordable senior housing to Woodbridge with a preference given to military veterans.

Residential & Mixed Use
JLL: Buyer wanted for 232-unit luxury rental property across from Woodbridge train station

A well-known luxury apartment building in Woodbridge is on the market for sale, in an offering that comes just a few years after the project helped transform a key downtown intersection.

Residential & Mixed Use
Walters fills 70-unit final phase of new affordable housing property in Ocean County

Walters is marking the completion of a new income-restricted rental property in Ocean County after reaching full occupancy at the project’s third and final phase.

Residential & Mixed Use
Veerman: New 28-unit rental property in downtown Bound Brook sells for $9.2 million

A developer has sold a new 28-unit apartment building in downtown Bound Brook for $9.2 million, in a transaction arranged by Veerman Asset Management.

Residential & Mixed Use
ICON closes $7.5 million sale of 58-unit Newark apartment building

An investor has sold a 58-unit apartment building in Newark’s Weequahic section for $7.5 million, brokers with ICON Real Estate Advisors announced Monday.

Deals
Boutique apartment, commercial property in Long Hill sold for $915,000, Deluccia says

A mixed-use building in Long Hill Township has traded for $915,000, in a newly announced transaction by Deluccia Commercial Group.

Residential & Mixed Use
Newest ‘Centurion’ project in Union Township hits 65 percent leased, developer says

Landmark has welcomed the latest crop of renters to Centurion Union Center, its fast-growing mixed-use district in Union Township.

Residential & Mixed Use
Alpine set to unveil 500-unit rental project near Jersey City’s Liberty Science Center

A new two-building, 500-unit rental community in Jersey City is set to come online, marking a milestone for a major redevelopment plan alongside the iconic Liberty Science Center.

People
Goldman joins Saxum with asset management, brokerage background

Saxum Real Estate has welcomed Adam Goldman as an asset management associate, the Summit-based firm announced Monday.