A developer’s plan to create a new mixed-use gateway at the landmark Fort Monmouth property is taking shape, with the potential to break ground as soon as early next year.…
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.
Developer opens new affordable, age-restricted community in Monmouth County
Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.…
Weehawken apartment buildings trade for $6.3 million, Gebroe-Hammer says
A local investor has acquired two apartment buildings with a combined 38 units in Weehawken, following a transaction arranged by Gebroe-Hammer Associates.…
Hartz, Panepinto project is ‘another step’ in Journal Square’s revival
If there is any doubt about the demand for new luxury apartments away from downtown Jersey City, look to the new 13-story tower that has risen just northwest of the busy Journal Square transportation …
Developers break ground, raise flag at adaptive reuse project in Verona
Construction is underway at a project that would convert a historic flag factory in Verona into the centerpiece of a new 112-unit residential development.…
Luxury rental community in Garfield sold for $27 million
Two real estate firms have partnered to plant a flag in Bergen County, acquiring a newly built 100-unit multifamily apartment community in Garfield for $27 million.…
Taking the long view
Most regular readers of this publication can tell that, when it comes to new construction, mixed-use and multifamily projects are the ones making most of the headlines. In fact, there are so many proj…
Rockefeller, Korman open new flexible stay community in Florham Park
Developers have unveiled a new 256-unit, flexible stay residential community in Florham Park, marking the latest piece of a high-profile redevelopment project in the Morris County suburb.…
Investors Bank expanding CRE lending platform
After riding the state’s multifamily boom to help build its commercial real estate lending platform, Investors Bank remains committed to the apartment sector. But it’s also making sure to diversify as…
It’s time to address a critical need: Infrastructure investment
Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks,…