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
Plainfield planning board OKs project with 357 apartments, rooftop restaurant space

Local officials have granted a key approval to a four-building project that would bring more than 350 apartments and commercial space to the edge of downtown Plainfield.

Residential & Mixed Use
Prism touts 95 percent leased milestone at Edison Lofts project in West Orange

Prism Capital Partners has all but leased up a collection of 300 apartments in West Orange, part of its redevelopment of a historic Thomas Edison factory complex in the downtown.

Residential & Mixed Use
Larken details new hires, promotions on residential property management teams

Larken Associates has announced a series of new hires and promotions to its residential property management teams in New Jersey and Pennsylvania.

Office
Marcus: Morristown property with medical office, residential unit trades for $2.5 million

A buyer has paid $2.5 million for a 6,000-square-foot mixed-use property in downtown Morristown, under a transaction arranged by Marcus & Millichap.

Residential & Mixed Use
Closter: Longtime business park owner eyes redevelopment with senior housing

A development team has unveiled plans for a new 195-unit senior housing community in Closter, where it will look to replace a business park that dates back to the end of World War II.

Residential & Mixed Use
Larken acquires, plans upgrade of 102-unit rental property in Pennsylvania

Larken Associates has added to its out-of-state multifamily portfolio with the acquisition of a 102-unit property in southeastern Pennsylvania.

Government & Public Policy
Transit village project, Gateway tunnel in focus in Buttigieg visit to Somerville

A new mixed-use transit village in downtown Somerville took center stage during a recent visit by U.S. Transportation Secretary Pete Buttigieg, highlighting the importance of infrastructure investment as Congress debates a $1 trillion spending package.

Residential & Mixed Use
Accurate Builders, local officials mark debut of luxury apartments in Raritan Borough

A developer has officially opened the doors to a new collection of 276 luxury apartments along NJ Transit’s Raritan Valley Line in Somerset County.

Residential & Mixed Use
Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.

Residential & Mixed Use
Clothing, accessories shop opens at new Asbury Park condo property

A clothing and accessories shop has expanded its footprint at the Jersey Shore, opening a new location at the base of an oceanfront condominium building in Asbury Park.