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
Fairfield rental complex fetches $14 million in 1031 exchange deal

A newly built, 34-unit apartment complex in Fairfield has changed hands for nearly $14 million, following a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Hudson County developer launches new firm, plans North Bergen condo project

A longtime Hudson County development executive has formed a new venture, with plans to break ground in the coming weeks on a 70-unit condominium project in North Bergen.

Residential & Mixed Use
Jersey City: Ironstate, KRE unveil units at 46-story apartment tower (SLIDESHOW)

Ironstate Development Co. and Kushner Real Estate Group are offering the first look inside a new 549-unit luxury apartment building in Jersey City, where leasing is now underway.

Residential & Mixed Use
Edgewood opens 209-unit Freehold project, unveils veterans housing initiative

Edgewood Properties has opened the doors to a new luxury apartment complex in Freehold, where it has launched a leasing program that gives priority to current and former military personnel.

Residential & Mixed Use
Capital Realty inks $2.25 million multifamily sale in Jersey City

An investor has paid $2.25 million for a pair of multifamily buildings in Jersey City, in a transaction arranged by Capital Realty Associates.

Residential & Mixed Use
With new community on the rise, Weiss has his eye on another large Jersey City redevelopment

Having built nearly 800 apartments in an emerging section in Jersey City, veteran developer Sandy Weiss and his firm now hope to replicate that approach — seeking to build on their experience of trying to build a new neighborhood from scratch. The company is the designated master redeveloper for about four city blocks just east of the New Jersey Turnpike extension, where it has proposed building more than 2,300 apartments for a mix of income levels.

Residential & Mixed Use
Apartment portfolio in Essex, Bergen fetches $300 million

A multifamily buyer has paid more than $300 million for a 134-building portfolio spanning more than 1,800 units in Essex and Bergen counties, Gebroe-Hammer Associates announced.

Finance & Capital Markets
Roseland refinances luxury apartment property in Morris Plains

JLL has arranged $43 million in financing for a newly built, 197-unit luxury apartment property in Morris Plains developed by Roseland Residential Trust.

Residential & Mixed Use
Paterson rental property sells for $1.3 million, Marcus says

A private investor has sold a 13-unit apartment property in Paterson for nearly $1.3 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
CBRE touts Essex County apartment sales totaling $13.6 million

An investor has paid more than $7.3 million for a 47-unit apartment building in Orange, CBRE said, in the largest of four newly completed transactions in Essex County.