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 $3.7 million sale of Teaneck apartments

An apartment owner has reaped nearly $3.7 million from the sale of a 25-unit complex in Teaneck, following a transaction brokered by The Kislak Co. Inc.

Residential & Mixed Use
Union City apartment building sells for $3 million, Marcus says

The developer of a recently built, 12-unit apartment building in Union City has sold the property for more than $3 million, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Façade nearly complete at new Hoboken condo building

Bijou Properties is putting the finishing touches on the exterior of VIA Lofts, a new 10-unit luxury condominium project in the northwest section of Hoboken.

Residential & Mixed Use
Developers break ground on 219-unit apartment project in Rahway

AST Development Corp. and Sterling Properties are partnering on another project in Rahway, where they’ve started construction on more than 200 new luxury apartments.

Finance & Capital Markets
Progress brokers $4.3 million loan for Passaic residential project

The developer of a new 40-unit multifamily building in Passaic has secured more than $4 million in financing, Progress Capital Advisors said last week.

Residential & Mixed Use
Lennar subsidiary breaks ground on 180-unit Jersey City project

Construction is underway on a new mixed-use project that calls for bringing 180 apartments, retail space and a black-box theater to an arts district in downtown Jersey City.

Residential & Mixed Use
Developer unveils 130-unit, waterfront condo building in Asbury Park (SLIDESHOW)

A developer has taken the wraps off a new luxury condominium building in Asbury Park, the latest piece of its high-profile, $300 million redevelopment along the city’s iconic beachfront.

Residential & Mixed Use
South Jersey garden apartments fetch $27.4 million

A private investor has paid more than $27 million for a 456-unit apartment complex in Camden County, brokers with The Kislak Co. Inc. said Wednesday.

Residential & Mixed Use
Gebroe-Hammer touts $20.3 million in Middlesex, Monmouth apartment sales

A newly built, 38-unit apartment building in Perth Amboy has sold for more than $5.6 million, in one of several recent transactions announced Wednesday by Gebroe-Hammer Associates.

Residential & Mixed Use
Affordable housing development breaks ground in Cherry Hill

Pennrose and a community organization have started construction on a new 160-unit affordable housing complex in Cherry Hill that will serve older adults and those with special needs.