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
Kislak brokers sale of four-building, 56-unit rental portfolio in Newark

A multifamily owner has reaped nearly $8 million from the sale of a four-building, 56-unit portfolio in Newark, following a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Investor sells mixed-use Bayonne property for $2 million, Marcus says

A private investor has sold a 6,900-square-foot mixed-use building in Bayonne, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Value Cos. launches virtual leasing, financial relief for residents during pandemic

Value Cos. has taken steps across its portfolio of apartment buildings to help ease residents’ concerns and ensure safety and social distancing during the coronavirus pandemic.

Residential & Mixed Use
Pennrose offers 10 weeks’ free rent at New Brunswick apartment tower

A developer is offering up to 10 weeks of free rent at a new luxury apartment building in New Brunswick, seeking to ease the concerns of would-be tenants during the COVID-19 crisis.

Residential & Mixed Use
FirstService unveils virtual lifestyle content, programming for residents during pandemic

FirstService Residential has launched a new virtual lifestyle platform for thousands of properties in its portfolio, seeking to provide content options during the coronavirus pandemic.

Government & Public Policy
Murphy gives towns option to extend May property tax deadline

Municipalities in New Jersey may now extend by one month the grace period for quarterly property tax payments that are due on May 1, Gov. Phil Murphy announced Tuesday.

Residential & Mixed Use
Meal delivery business opening first retail location at Jersey City rental tower

A prepared meal delivery service is opening its first retail location, taking space at a new Jersey City apartment tower built by Kushner Real Estate Group and Ironstate Development Co.

Residential & Mixed Use
RPM enters final stretch of sales at Fort Monmouth housing site, offers ‘quick delivery’

RPM Development Group has sold more than two-thirds of the homes at an upscale residential project in Monmouth County, where it’s now offering virtual tours and expedited delivery.

Government & Public Policy
Murphy: Apartment renters can now use security deposit to help with payments

Apartment tenants in New Jersey may now tap their security deposits to help pay rent during the COVID-19 crisis, under a newly signed executive order by Gov. Phil Murphy.

Top News
Mack-Cali details rent collections, construction activity during pandemic

Rent collections for Mack-Cali Realty Corp.’s office and residential holdings have held strong thus far, as the company works with tenants to navigate the COVID-19 economic crisis.