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
NRP starts construction on 401-unit rental project near Liberty State Park in Jersey City

The NRP Group has broken ground on what will be more than 400 new apartments just west of Liberty National Golf Course in Jersey City, the Cleveland-based firm announced Tuesday.

Residential & Mixed Use
Inspired breaks ground on 22 apartments at ex-coffee house site in Long Branch

Inspired by Somerset Development has started construction on a project that will bring new apartments and retail space to the former site of a famed coffee house in Long Branch.

Professional Services
Marcus & Millichap promotes Matricaria to senior associate

Marcus & Millichap has announced the promotion of a standout broker and multifamily investment specialist in its New Jersey office.

Professional Services
Cervelli lands new property management assignment for Englewood portfolio

An owner in downtown Englewood has tapped Cervelli Real Estate & Property Management to manage a three-building portfolio with 19 apartments and four retail spaces.

Residential & Mixed Use
Marcus inks $2 million sale of 17-unit Irvington apartment building

A private investor has purchased a 17-unit apartment building in Irvington for more than $2 million, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
Bennett Realty taps Heller to lead new multifamily advisory team

Bennett Realty & Development is expanding its advisory platform in New Jersey with a newly hired director of multifamily.

Residential & Mixed Use
Investors sell West New York rental property for $1.1 million, Cervelli says

An investment firm has sold a seven-unit apartment building in West New York for more than $1.1 million, according to Cervelli Real Estate and Property Management.

Government & Public Policy
Perth Amboy making new push for planning, redevelopment around key city properties

With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.

Top News
Wentworth among nominees for New Jersey Hall of Fame 2023 public vote

Real estate magnate and philanthropist Finn Wentworth is among 50 nominees for this year’s New Jersey Hall of Fame public vote, joining a high-profile list of famous artists, business leaders and other public figures with ties to the Garden State.

Residential & Mixed Use
Walters announces promotion, creation of new marketing director position for multifamily unit

Walters, the Barnegat-based housing developer, has promoted Jill Del Duca to the newly formed position of marketing director for its apartments division.