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.

FirstService named property manager at 562-unit Harmon Cove Towers in Secaucus

FirstService Residential has taken over as the full-service property manager for a 562-unit high-rise condominium complex in Secaucus.

Pet amenity, service platform comes to new KRE apartments in Bayonne

Kushner Real Estate Group has expanded its partnership with a pet amenity and service company, bringing the platform to its new luxury apartment complex in Bayonne.

Walters eyes Q2 construction start for new age-restricted rentals in Montvale

Development firm Walters is set to break ground on a new 25-unit, income-restricted apartment complex in Montvale, as it eyes continued expansion of its Cornerstone brand.

Plainfield zoning board approves eight-unit rental project, design team says

A developer has secured a key local approval for what will be a new eight-unit apartment building in Plainfield, according to a team with Taylor Architecture & Design.

Veris Residential buying new 240-unit Park Ridge property for $130 million

Veris Residential Inc. has agreed to buy a newly built, upscale apartment property in Park Ridge for $130 million, adding another 240 units to its New Jersey multifamily holdings.

Gebroe-Hammer: North Brunswick apartments fetch $64 million in first leg of 1031 exchange

The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.

Investor buys value-add, 44-unit Newark rental portfolio for $5.3 million, Kislak says

A local apartment owner has sold a three-building, 44-unit portfolio in Newark for $5.3 million, brokers with The Kislak Co. Inc. announced Thursday.

NYC café expands to new Jersey City high-rise built by KRE, Northwestern

An Australian-themed café has opened its first New Jersey location, taking space at the base of Kushner Real Estate Group’s newest luxury apartment tower in Jersey City.

Sussex County building with retail, apartments changes hands in NAI Hanson-brokered deal

The owner of a DJ and lighting equipment company has purchased a 10,000-square-foot mixed-use building in Sussex County, in a deal arranged by NAI James E. Hanson.

Brooklyn buyer adds 73-unit Perth Amboy rental portfolio, Capital Realty says

An investor has purchased a seven-building, 73-unit multifamily portfolio in Perth Amboy for nearly $12 million, under a deal arranged by Capital Realty Associates.