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.

C&W inks sale of Morristown luxury apartment complex

An investment group has acquired a well-known, 217-unit luxury apartment complex adjacent to the downtown Morristown train station, brokers with Cushman & Wakefield said Monday.

Bergen County apartment building fetches $3.6 million, Marcus says

A private investor has acquired a 20-unit apartment building in Bergen County for more than $3.6 million, under a newly announced transaction by Marcus & Millichap.

KRE Group, Northwestern Mutual break ground on 507-unit tower in Jersey City

A joint venture has broken ground on a 38-story tower that will add more than 500 new luxury apartments to downtown Jersey City.

CBRE inks $11.3 million in Middlesex County apartment sales

Two apartment complexes in Middlesex County have changed hands for a combined $11.3 million, under a set of newly announced transactions by CBRE.

Mack-Cali details Jersey City acquisition, sale in Boston as part of $820 million 1031 exchange

Mack-Cali Realty Corp. is selling two Boston-area properties for a combined $411.5 million as part of a 1031 exchange involving a recently acquired luxury apartment complex in Jersey City.

Demographics and data inform sound decisions

Current and accurate data on population shifts and consumer spending enables the real estate industry, government officials and businesses to make informed choices on investments and resource allocation.

Russo delivers first phase of 1,250-unit rental project in Union

Russo Development has opened the doors to the first piece of what will be more than 1,200 luxury apartments adjacent to Kean University and the Union train station.

Penthouse at Asbury Park condo tower fetches $5 million

A penthouse at a new Asbury Park condominium tower has sold for $5 million, in a sign of strength for the ongoing revitalization of the city’s iconic waterfront.

JMF, local officials hail opening of Plainfield’s largest-ever residential project

JMF Properties has marked the opening of more than 200 new luxury apartments in Plainfield, joining local officials to hail the latest addition to the city’s housing stock.

Sanzari completes 1031 exchange, purchasing 24-unit rental complex in Essex County

Alfred Sanzari Enterprises has acquired a 24-unit luxury apartment community in Essex County as part of a newly completed 1031 exchange.