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
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.

Residential & Mixed Use
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.

Residential & Mixed Use
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.

Residential & Mixed Use
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.

Community
JMF details charitable, community service projects alongside robust development pipeline

JMF Properties is highlighting a focus on charity and community-building alongside a host of recent and upcoming development projects in New Jersey.

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.