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.

Government & Public Policy
Murphy touts new coalition of 90 mayors supporting push for liquor license reform

Gov. Phil Murphy has lined up support from 90 mayors from across New Jersey as part of his recent push to reform and modernize the state’s Prohibition-era liquor license laws.

Retail
Investor buys 12,000 sq. ft. residential, commercial portfolio in Chester

An investor has purchased a combined 11,900 square feet of residential and commercial space in the Morris County borough of Chester, brokers with NAI James E. Hanson announced.

Residential & Mixed Use
Prism debuts clubhouse at new upscale rental project near Dunellen train station

Prism Capital Partners has opened a new amenity-filled clubhouse at its planned 252-unit luxury apartment development in the Middlesex County borough of Dunellen.

Retail
New restaurant coming to micro-apartment building in downtown Newark, Blau & Berg says

A restaurant is coming to the base of a newly updated residential building in downtown Newark, under a lease arranged by brokers with The Blau & Berg Co.

Residential & Mixed Use
Kislak inks sale of Orange County apartment complex, development site for $3.5 million

A local owner has purchased a 20-unit apartment complex and an adjacent development site in New York’s Orange County, in a newly announced deal by The Kislak Co. Inc.

Residential & Mixed Use
Kokes, expanding to affordable housing, tapped to manage West Windsor rental property

Kokes Properties is expanding its presence in affordable housing with a new property management role at a 61-unit, income-restricted multifamily complex in West Windsor.

Residential & Mixed Use
Accurate: First renters arrive at new luxury apartment building in Bound Brook

Accurate has welcomed the first residents at Citizen Bound Brook, the developer’s new 105-unit luxury apartment building in the Somerset County borough.

Residential & Mixed Use
Joint venture acquires 101-year-old Divine Riviera Hotel in Newark, in LRES-brokered deal

A local buyer has purchased a historic and culturally significant hotel in Newark’s Central Ward, in a newly announced deal by Logistics Real Estate Services.

Residential & Mixed Use
KRE Group breaks ground on 239-unit rental project at ex-Mondelez site in East Hanover

Kushner Real Estate Group has broken ground on a new 239-unit luxury apartment property in East Hanover, as it expands its portfolio of garden-style multifamily assets.

Office
Veris Residential completes $420 million sale of 1.9 million sq. ft. Harborside complex

Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.