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.

Professional Services
Former Gebroe-Hammer brokers Oropeza, Jarvis launch ICON Real Estate Advisors with $35 million sale of Piscataway rental property

Two former brokers with Gebroe-Hammer Associates have launched a new venture, ICON Real Estate Advisors, marking its debut with the sale of a 110-unit rental property in Piscataway.

Residential & Mixed Use
Hoboken building with apartments, retail space fetches $3.5 million, Marcus says

A private investor has purchased a nearly 3,600-square-foot residential and retail building in Hoboken for $3.47 million, in a newly announced deal by Marcus & Millichap

Events
Is Newark a magnet for capital? Yes, but it’s complicated.

It was a reminder of Newark’s allure as a destination for those who see the value of its workforce, transit access and deep network of anchor institutions. Capturing that upside is far more complicated, according to panelists who explained why and how developers, investors and other stakeholders are making deals work in the city.

Residential & Mixed Use
Sales underway at new Toll Bros. luxury townhome project in Asbury Park

Toll Bros. Inc. has launched sales at a collection of new townhomes in Asbury Park, in one of the newest additions to the stock of high-end housing near the city’s iconic shoreline.

Residential & Mixed Use
Larken touts strong leasing, development momentum in residential segment in 2025

Larken Associates is seeing continued growth across its luxury multifamily portfolio, following a year in which it saw robust leasing activity and progress on key development projects.

Finance & Capital Markets
Khosla Capital refis 360-unit rental property in Hackensack for $90 million, CBRE says

The owner of a two-building, 360-unit luxury apartment complex in Hackensack has refinanced the property for $96 million, according to a debt placement team with CBRE.

Residential & Mixed Use
Woodcliff Lake building with 14 apartments, five retail spaces fetches $8.8 million, Kislak says

A private investor has acquired 14 apartments and five retail units in Woodcliff Lake as part of a nearly $8.8 million deal announced Wednesday by The Kislak Co. Inc.

Events
ULI NNJ reveals slate of top developers, projects as honorees for 2026 Excellence Awards

Urban Land Institute Northern New Jersey has unveiled the winners of its 2026 Excellence Awards, setting the stage for an event that will showcase a host of top companies, professionals and projects in development and commercial real estate.

Residential & Mixed Use
Diversified breaks ground on final piece of 107-unit Jefferson rental project

Diversified Properties has started construction on a 75-unit apartment building that will mark the second and largest phase of a project near Lake Hopatcong in Morris County.

Residential & Mixed Use
Kislak brokers $7.9 million sale of Pennsylvania tract slated for 420-unit senior housing project

A developer has acquired a nearly 67-acre parcel in Central Pennsylvania with plans in place to build 420 age-restricted homes, in a newly announced deal by The Kislak Co. Inc.