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
Marcus inks $2.3 million apartment sale in Hudson County

A partnership has reaped $2.3 million from the sale of a 16-unit apartment property in Union City, under a newly announced transaction by Marcus & Millichap.

Deals
NAI Hanson inks sale of mixed-use building in Netcong

An investor has acquired a 2,100-square-foot mixed-use building in Morris County, under a newly completed transaction by NAI James E. Hanson.

Residential & Mixed Use
FirstService renews, expands contract with Toms River senior community

FirstService Residential has renewed and expanded its contract to provide property management services to a sprawling age-restricted community in Toms River.

Finance & Capital Markets
Developer inks $43 million refi of Jersey City rental tower, Lightstone says

The developer of a 132-unit apartment building in Jersey City has refinanced for nearly $43 million, following a transaction arranged by Lightstone Capital.

Residential & Mixed Use
Kearny, East Newark apartments sell for $2.3 million

Three apartment buildings in western Hudson County have changed hands for $2.3 million, according to Cervelli Real Estate & Property Management.

Residential & Mixed Use
Plainfield planning board approves 14-unit apartment building, retail space

A proposal to build 14 new apartments and retail space near the Plainfield train station is moving ahead after being endorsed by the city’s planning board.

Top News
Woodmont honored as top New Jersey workplace

Woodmont Properties has earned recognition as a top employer in New Jersey as part of an employee engagement survey conducted by a statewide media outlet.

Residential & Mixed Use
Move-ins underway at 99-unit building in historic Jersey City neighborhood

A new 99-unit luxury apartment building in Jersey City has started to welcome its first residents.

Retail
CVS opens at Russo’s sprawling mixed-use project in Union

CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.

Residential & Mixed Use
Jersey City forges ahead with high-profile development pipeline, despite pandemic

While local officials across New Jersey have hit the brakes on large-scale projects, Jersey City has made a deliberate effort to keep its pipeline flowing since the start of the health and economic crisis, as many developers remain bullish on its booming residential market.