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.

Jersey City’s Newport expands public amenities with new lighthouse, green space

LeFrak has unveiled a new lighthouse and park space along the Hudson River in Jersey City, marking the latest public amenity in the acclaimed Newport neighborhood.

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.

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.

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.

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.