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.

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.

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.

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.

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.

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.

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.

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.

Iron Ore, AMJ unveil 120-unit luxury rental project at Plainfield’s Netherwood Station

Iron Ore Properties has taken the wraps off a new 120-unit apartment building in Plainfield, where residents are steps from both NJ Transit rail service and one of the city’s largest parks.

Woodmont launches leasing at 120-unit rental property in Warren County

Woodmont Properties has launched leasing for the first phase of what will be 120 new upscale apartments in the Warren County township of Independence.

Halpern tops out 337-unit rental project on Jersey City’s West Side, eyes leasing at year-end

Halpern Real Estate Ventures is on track to launch leasing late this year at a new 337-unit luxury apartment building in Jersey City, where it recently marked a construction milestone.