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
Tolls Bros., Davis Cos. sell Princeton apartments for $92 million

A joint venture has sold a three-year-old, 232-unit luxury apartment property outside Princeton for more than $90 million, in a newly announced transaction by JLL.

Residential & Mixed Use
Developers mark leasing milestone, welcome residents to Jersey City apartment building

A development team has welcomed its first residents to a 199-unit apartment building in Jersey City, the latest addition to a master-planned neighborhood on the city’s west side.

Government & Public Policy
NJAA calls for faster rent relief payments as state, federal eviction bans come to an end

As the eviction moratorium winds down in the state, the New Jersey Apartment Association is urging Trenton to pick up the pace of sending out long-awaited rental assistance payments.

Residential & Mixed Use
Iselin apartment building sold for $15.7 million, C&W says

An investment firm has sold a three-year-old, 48-unit apartment building in Woodbridge for nearly $16 million, in a transaction arranged by Cushman & Wakefield.

Residential & Mixed Use
Investor acquires Princeton apartments for $70 million

An investment firm has added to its holdings in New Jersey with its purchase of a six-year-old, 153-unit luxury apartment complex in Princeton for more than $70 million.

Residential & Mixed Use
Marcus inks $10.6 million sale of West New York apartments

A three-building, 66-unit apartment portfolio in West New York has changed hands for nearly $10.6 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
New 242-unit rental building in Harrison tops 90 percent leased

A joint venture has leased more than two-thirds of a new 242-unit luxury apartment building in Harrison, touting the milestone just two months after opening to prospective renters.

Government & Public Policy
Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

Finance & Capital Markets
JLL inks $13 million refi for Jersey City apartment building

The owner of a 40-unit luxury apartment building in Jersey City has secured $13 million in financing, under a newly announced transaction by JLL.

Residential & Mixed Use
Developer eyes debut of 153-unit apartment building in Union Twp.

A developer has unveiled a collection of more than 150 apartments in Union Township, marking the completion of its first project in northern New Jersey.