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
KRE eyes launch of 507-unit apartment tower in Jersey City

Kushner Real Estate Group is set to unveil its latest development in Jersey City, a 507-unit luxury apartment tower in a growing downtown arts district.

Government & Public Policy
DCA marks payout of $232 million in COVID rent relief, launches eviction prevention program

The state has disbursed more than $230 million in federal funds aimed at providing relief to apartment renters and landlords impacted by the COVID-19 crisis, officials said last week.

Residential & Mixed Use
Harbor Group, Cammeby’s acquire 5,300 apartments in New Jersey for $1 billion

An investment group has acquired more than 5,300 apartments in the state for a combined $1.05 billion, in a transaction that spans 14 cities in northern, central and southern New Jersey.

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.