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
Buyer wanted for 2.25-acre redevelopment portfolio in Union City, Kislak says

A portfolio of 13 parcels in Union City is on the market for sale, brokers with The Kislak Co. Inc. said, touting it as a redevelopment opportunity along New Jersey’s booming Gold Coast.

Featured
AvalonBay opens 349-unit rental property in Montville, bringing new life to former eyesore

A new 349-unit apartment property has opened its doors in Montville, helping to transform a sprawling former junkyard property that was long an eyesore along Route 46.

Residential & Mixed Use
Sharbell sells 64-unit Robbinsville development for $20 million, Hudson Atlantic says

Sharbell Development has sold a 64-unit apartment property in Robbinsville for $20 million, in a newly announced deal by Hudson Atlantic Realty.

Residential & Mixed Use
New 200-unit luxury rental property set to open in downtown Jersey City (SLIDESHOW)

Another luxury apartment building has hit the market in Jersey City, bringing an additional 200 units to the downtown as it prepares to open its doors in the weeks ahead.

Residential & Mixed Use
Alpine, Fields Grade adding four new eateries to Bergen-Lafayette rental portfolio in Jersey City

The developers of several apartment buildings in Jersey City’s growing Bergen-Lafayette neighborhood are welcoming four new dining options to the portfolio.

Finance & Capital Markets
JLL: Developer of 42-unit Journal Square building snags $13 million construction loan

A new 42-unit apartment building is coming to Jersey City’s Journal Square with the help of a $13.1 million construction loan, according to a debt placement team with JLL.

Residential & Mixed Use
SAGE: Investor buys 31-unit Elizabeth apartment building for $4.2 million

A private investor has acquired a 31-unit apartment building in Elizabeth for $4.2 million, in a newly announced deal by SAGE Investment Real Estate Advisors.

Retail
Two-building, mixed-use portfolio in Roselle trades for $1.2 million, Zimmel says

A longtime property owner in Roselle has sold two commercial buildings on one of the borough’s main thoroughfares, in a transaction arranged by Zimmel Associates.

Residential & Mixed Use
Marcus: Eight-unit apartment building in West New York trades for $2.2 million

A private investor has sold an eight-unit apartment building in West New York for nearly $2.2 million, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
Herskowitz joins SAGE Investment Real Estate Advisors as principal

SAGE Investment Real Estate Advisors has welcomed veteran multifamily broker Eli Herskowitz as the newest principal with its Morristown-based team.