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
Fulop says he won’t seek re-election as Jersey City’s mayor in 2025

Jersey City Mayor Steven Fulop is serving his last term in a post he has held for nearly a decade, he announced Tuesday, in a tenure that has seen the city’s development boom continue in earnest and spread increasingly to neighborhoods beyond the Hudson waterfront.

Residential & Mixed Use
Jersey City building with 18 apartments, commercial spaces trades for $4.3 million

A private investor has sold an 18-unit apartment building in Jersey City for nearly $4.3 million, brokers with Marcus & Millichap announced last week.

Top News
The best of The Briefing 2022

We’re always excited to look ahead to a new year in New Jersey commercial real estate. First, however, please join us in looking back at our top stories of the year, including our most-read items and a few editor’s picks. Happy New Year and best of luck!

Residential & Mixed Use
Blackstone 360 unveils new East Orange apartments alongside existing rental tower

Blackstone 360 has debuted a new 70-unit luxury apartment tower alongside an existing property in East Orange, marking a new phase for its maiden project in the city.

Community
J&L, Sordoni partner for second annual toy drive benefiting Newark’s CCP Church

A toy drive for children in Newark’s Ironbound section made its return this week with the help of the development team for a new 12-story, 403-unit apartment building in the area.

Finance & Capital Markets
Owner of 108-unit Little Ferry rental complex refinances for $11 million, Northmarq says

A garden apartment owner in Little Ferry has refinanced a 108-unit complex for $11 million, according to a debt placement team with Northmarq.

Residential & Mixed Use
Boutique apartment building in Bergen-Lafayette is 50 percent leased

A new 38-unit apartment building in Jersey City’s Bergen-Lafayette section is now more than 50 percent leased after hitting the market earlier this year.

Residential & Mixed Use
New 337-unit rental complex rising in Jersey City’s West Side neighborhood, JRM says

Construction is progressing on a new 337-unit luxury apartment building in Jersey City’s fast-changing West Side neighborhood, the project’s general contractor said Monday.

Residential & Mixed Use
Prism launches leasing at new 252-unit Dunellen rental property

Leasing is underway at Prism Capital Partners’ new 252-unit high-end apartment property in Dunellen, where the firm has brought new life to a former industrial site in the downtown.

Residential & Mixed Use
Newark, East Newark portfolio with 20 apartments trades for $3.2 million, Kislak says

A partnership has sold a three-building, 20-unit apartment portfolio in Newark and East Newark for nearly $3.2 million, according to a brokerage team with The Kislak Co. Inc.