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.

Montclair owner sells 56-unit rental portfolio after 25 years, Hudson Atlantic says

A longtime owner has sold a two-building, 56-unit apartment portfolio in Montclair for $13.5 million, in a deal arranged by Hudson Atlantic Realty.

Investor buys 10-building, 324-unit rental portfolio, in $50 million Elizabeth deal

A private investor has purchased a 324-unit apartment portfolio in Elizabeth as part of a newly completed, $50 million transaction, brokers with The Kislak Co. Inc. announced.

FirstService named property manager at 562-unit Harmon Cove Towers in Secaucus

FirstService Residential has taken over as the full-service property manager for a 562-unit high-rise condominium complex in Secaucus.

Pet amenity, service platform comes to new KRE apartments in Bayonne

Kushner Real Estate Group has expanded its partnership with a pet amenity and service company, bringing the platform to its new luxury apartment complex in Bayonne.

Walters eyes Q2 construction start for new age-restricted rentals in Montvale

Development firm Walters is set to break ground on a new 25-unit, income-restricted apartment complex in Montvale, as it eyes continued expansion of its Cornerstone brand.

Plainfield zoning board approves eight-unit rental project, design team says

A developer has secured a key local approval for what will be a new eight-unit apartment building in Plainfield, according to a team with Taylor Architecture & Design.

Veris Residential buying new 240-unit Park Ridge property for $130 million

Veris Residential Inc. has agreed to buy a newly built, upscale apartment property in Park Ridge for $130 million, adding another 240 units to its New Jersey multifamily holdings.

Gebroe-Hammer: North Brunswick apartments fetch $64 million in first leg of 1031 exchange

The longtime owner of a 253-unit garden apartment complex in North Brunswick has sold the property for nearly $64 million, in a deal arranged by Gebroe-Hammer Associates.

Investor buys value-add, 44-unit Newark rental portfolio for $5.3 million, Kislak says

A local apartment owner has sold a three-building, 44-unit portfolio in Newark for $5.3 million, brokers with The Kislak Co. Inc. announced Thursday.

NYC café expands to new Jersey City high-rise built by KRE, Northwestern

An Australian-themed café has opened its first New Jersey location, taking space at the base of Kushner Real Estate Group’s newest luxury apartment tower in Jersey City.