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
Gebroe-Hammer inks $14.5 million sale of Summit apartments, completing 1031 exchange

A private investor has sold a 53-unit garden apartment complex in Summit for $14.5 million, in a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Irvington apartments sold for first time in 40 years, trading for $4.2 million, Marcus says

The longtime owner of a 33-unit apartment building in Irvington has sold the property for more than $4 million, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
New 33-story tower in Newark by Boraie, Shaq on track for spring 2023 delivery

Boraie Development has reached a key milestone in its construction of a 370-unit apartment tower in downtown Newark, with plans to debut the building next spring under its latest partnership with city native and basketball legend Shaquille O’Neal.

Residential & Mixed Use
Solomon Organization names new managing, associate directors after seven promotions

The Solomon Organization has announced seven promotions across its Summit-based headquarters and regional offices managing its 20,000-unit apartment portfolio.

Retail
Daycare, convenience store combine for 6,000 sq. ft. at new Jersey City apartment building

The developer of a new apartment building in Jersey City has signed two ground-floor retail leases at the property, according to a brokerage team with The Goldstein Group.

Residential & Mixed Use
Camden leaders focused on new housing, population growth after years of large corporate projects

After years of high-profile public and corporate development projects, Camden city officials say new housing is key to convincing the thousands of employees who now come to work in the city each day to also live there.

Residential & Mixed Use
Skye Development welcomes renters to new 98-unit Bayonne property

A developer has welcomed its first residents to a new phase of luxury apartments in Bayonne, having recently unveiled 98 rental units alongside a building that it completed in 2019.

Residential & Mixed Use
BNE’s Station Bay in South Amboy more than 50 percent leased, developer says

Leasing has surged at a new 291-unit apartment complex that opened earlier this year along the Raritan Bay in South Amboy, developer BNE Real Estate Group announced this week.

Residential & Mixed Use
Kushner begins tear-down of East Hanover office building, eyeing 265 luxury apartments

Kushner has started its demolition of another aging suburban office building, this time in East Hanover, paving the way for what will be a new 265-unit luxury apartment complex.

Sponsored Content
What’s in store for New Jersey’s commercial real estate market in 2022?

Over the course of the pandemic, commercial real estate has experienced notable highs and lows. The current market has rebounded vigorously and now exceeds pre-pandemic levels. To learn what’s in store in 2022, we sat down with Cushman & Wakefield’s powerhouse New Jersey Capital Markets team. Founded by Andy Merin in 1987, the team has been involved in more than $34 billion in property sales throughout its tenure.