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
Alpine, FieldsGrade hit 65 percent leased at 114-unit Jersey City apartment building

Renters have leased nearly two-thirds of a new 114-unit luxury apartment building in Jersey City’s historic Bergen-Lafayette neighborhood, its developers said Monday.

Residential & Mixed Use
Marcus inks $2.3 million sale of Jersey City apartment building

A private investor has sold a 12-unit apartment building in Jersey City’s West Side neighborhood, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Retail
Atkins, Woodmont welcome new restaurant tenants to Washington Square Town Center

Three food and beverage tenants have opened their doors alongside a newly developed mix of medical users, housing and commercial space in Gloucester County.

Residential & Mixed Use
City leaders hail completion of new affordable housing in Elizabeth

Local officials have unveiled a new 60-unit, two-building development in Elizabeth that will provide housing for dozens of lower-income or formerly homeless residents.

Residential & Mixed Use
Atlantic City apartment tower trades for $17 million, Marcus & Millichap says

The longtime owner of a 266-unit apartment tower in Atlantic City has sold the building for $17 million, in a newly announced transaction by Marcus & Millichap.

Finance & Capital Markets
Developer nabs $26 million loan for Journal Square micro-apartments

The developer of 122 micro-apartments in Jersey City’s Journal Square has secured a $25.5 million loan for the property, according to brokers with JLL.

Residential & Mixed Use
Port Jervis apartments trade for $14 million in 1031 exchange, Kislak says

A private apartment owner has sold a 140-unit complex in New York’s Orange County for $14.25 million, according to a brokerage team with The Kislak Co. Inc.

Residential & Mixed Use
Investors trade 484-unit Newark apartment portfolio for $80 million, Gebroe-Hammer says

A private investment group has sold nearly 500 apartments in Newark’s North Ward for more than $80 million, under a deal arranged by Gebroe-Hammer Associates.

Residential & Mixed Use
Developers unveil 116-unit Secaucus rental project amid strong leasing momentum

Renters are flocking to a revitalized site in northern Secaucus, where three well-known builders have delivered more than 100 new luxury apartments at the edge of the Hackensack River.