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.

Petrucci, TD+Partners kick off second phase of $40 million Plainfield project

A joint venture has broken ground on 90 new apartments in Plainfield, marking the second phase of a mixed-use project to redevelop a site that sat vacant for some three decades.

Developer, HMFA break ground on 103-unit affordable project in Mount Laurel

Construction is underway on a 103-unit affordable housing complex in Mount Laurel, thanks in part to a subsidy package from the New Jersey Housing and Mortgage Finance Agency.

Bijou launches leasing at boutique Hoboken rental project

Bijou Properties is set to debut its latest project in Hoboken, announcing the launch of leasing at a new 34-unit apartment building in the city’s northern end.

Redevelopment of ‘white elephant’ in Parsippany is moving ahead, anchored by plans for downtown-style shopping and dining

Four years after acquiring a defunct office complex in Parsippany, Stanbery Development Co. is on a clearer path toward fulfilling its plans for a high-end, downtown-style destination at the 17-acre site, which includes about five acres in neighboring Hanover. Known as The District at 1515, the project calls for 100,000 square feet of retail space, 441 residential units and a hotel.

CBRE: Passaic rental complex trades for $13.1 million

A 101-unit garden apartment complex in Passaic has changed hands for more than $13 million, under a newly announced transaction by CBRE.

Capodagli debuts apartment building, diner concept in Hackensack

Capodagli Property Co. has taken the wraps off a new 106-unit residential building in Hackensack, where it’s also touting the debut of a restaurant concept that will be part of its growing hospitality platform.

Pennrose, HMFA mark start of 172-unit affordable project at former Army camp

Pennrose has broken ground on the first piece of a 172-unit affordable housing development in Edison, seeking to redevelop a former U.S. Army property that dates back to World War II.

AvalonBay debuts 360-unit project in Piscataway, its latest in New Jersey

AvalonBay Communities Inc. has unveiled a new 360-unit apartment complex in Piscataway, adding to its vast portfolio of luxury rental properties in New Jersey.

CBRE touts Hudson County apartment sales totaling $57 million

An out-of-state investor has paid more than $31 million for a newly built, 80-unit apartment building in Union City, CBRE said, touting the sale among several recent deals in Hudson County.

Monmouth to honor Zucker, Marchetta at annual real estate dinner

Monmouth University will honor Ralph Zucker and Anthony Marchetta at its upcoming real estate awards dinner, adding to the list of industry leaders to be highlighted at the annual event.