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
Newly built Fort Lee rental tower sells for $55 million, Kislak says

The developer of a new 142-unit apartment tower in Fort Lee has sold the property for more than $55 million, under a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Onyx unveils 60-unit luxury apartment building in downtown Ridgewood

Onyx Equities has opened the doors to a collection of 60 upscale apartments adjacent to the Ridgewood train station, the developer announced Thursday.

Residential & Mixed Use
Second phase opens at latest Ironstate, Pegasus rental project in Harrison

Developers have released the second phase of homes at a 310-unit luxury apartment project in Harrison, citing strong leasing activity since its debut earlier this year.

Residential & Mixed Use
Developers tout first move-ins at 35-unit rental building in Bergen County

A development team has welcomed its first residents to a new 35-unit luxury apartment building in East Rutherford.

Residential & Mixed Use
Kushner Cos. sells 360-unit Hackensack rental property for $114 million, JLL says

Kushner Cos. has sold a two-building, 360-unit apartment property in Hackensack for more than $114 million, under a newly announced transaction by JLL.

Residential & Mixed Use
AvalonBay names co-developers for massive housing, retail project at Princeton Junction

AvalonBay Communities Inc. has announced three co-developers for a $300 million project to create a new mixed-use destination at the Princeton Junction train station.

Residential & Mixed Use
Tulfra, Hampshire launch leasing at 180-unit rental project in North Haledon

A joint venture is eyeing a midsummer delivery for a new 180-unit luxury apartment complex in northern Passaic County.

Government & Public Policy
April is New Homes Month — who’s celebrating in New Jersey?

Nationally, April is known as New Homes Month and is intended to highlight the benefits of purchasing a new home. April is also recognized as National Fair Housing Month to commemorate the passage of the 1968 federal law, which prohibits discrimination concerning the sale, rental and financing of housing. These two annual recognition events represent a paradox for many of us in New Jersey.

Finance & Capital Markets
NorthMarq inks $16 million loan for Princeton apartment, retail properties

The owner of two mixed-use buildings in downtown Princeton has refinanced for more than $16 million, in a newly announced transaction by NorthMarq.

Residential & Mixed Use
New 60-unit apartment complex, part of Sparta town center project, sells for $15 million

A newly built, 60-unit apartment complex in Sussex County has changed hands for nearly $15 million, in a transaction arranged by Gebroe-Hammer Associates.