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
Jersey City details $90 million, mixed-use performing arts complex at NJCU

Officials in Jersey City have taken the wraps off plans for a new $90 million performing arts complex on the city’s west side, the latest piece of a sweeping, mixed-use redevelopment of land owned by New Jersey City University.

Residential & Mixed Use
Sayreville apartment building sells for $1.7 million, Marcus says

A private investor has a sold a nine-unit apartment building in Sayreville for nearly $1.2 million, in a transaction brokered by Marcus & Millichap.

Government & Public Policy
Murphy signs law to create new TOD office at NJ Transit

Gov. Phil Murphy has signed into law a bill that requires NJ Transit to establish an office of transit-oriented development and conduct an annual inventory of its real estate holdings, potentially paving the way for new opportunities across the state.

Residential & Mixed Use
Russo adds to footprint in Kearny, debuts 280 apartments (SLIDESHOW)

Russo Development has delivered another 280 apartments in Kearny, completing the first of two phases at its newest residential project in the town.

Government & Public Policy
NJBA announces new COO, revamped government affairs team

The New Jersey Builders Association has named a new chief operating officer as part of a series of changes to its government affairs team.

Office
Mack-Cali touts three major renewal, expansion leases on waterfront

Three major tenants have renewed and expanded within Mack-Cali Realty Corp.’s waterfront portfolio, leasing a combined 323,000 square feet in two Jersey City office buildings.

Residential & Mixed Use
Developer buys mixed-use Jersey City site, Marcus says

A developer has acquired a 9,400-square-foot mixed-use property in Jersey City, brokers said Wednesday, touting the site as an opportunity for new multifamily construction.

Residential & Mixed Use
CBRE brokers sale of two mixed-use properties in Manville

Two mixed-use residential properties in Manville have changed hands for a combined $880,000, in a transaction arranged by brokers with CBRE.

Residential & Mixed Use
Developer touts 131-unit project underway in Jersey City

An Ohio-based developer has announced its entrance to Jersey City, detailing a 131-unit project underway in a neighborhood just south of Hoboken and west of the Holland Tunnel.

Residential & Mixed Use
Investors debut rehabbed affordable housing in Jersey City (SLIDESHOW)

A joint venture has completed its rehabilitation of Jersey City’s largest privately held Section 8 housing complex, a 483-unit property near the city’s Journal Square section.