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.

Developer breaks ground on 276 apartments in Somerset County

Construction is underway on a new 276-unit apartment complex in Raritan Borough, where a developer hopes to seize on a location just steps from a commuter train station.

NAI Hanson brokers sale of Paterson condo building, development site

A real estate investment firm has acquired a 48-unit condominium building in downtown Paterson, along with a nearby development site that is approved for 195 rental units.

Gebroe-Hammer inks sale of 189 apartments in Plainfield, Elizabeth

Four apartment properties in Union County have changed hands for a combined $22.7 million, following a set of transactions announced by Gebroe-Hammer Associates.

Reinvention of historic Edison complex nearly complete, as first residents move in

The long-awaited project known as Edison Village is nearing completion and already welcoming residents to its first phase: a new three-story, 34-unit building known as Edison Mews. In the coming months, Prism expects to deliver another 300 apartments when it completes its renovation and reconstruction of the 100-year-old factory complex on Main Street.

Higher and better: Developers making strides in repurposing New Jersey’s vacant, outdated office buildings

Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no longer considered usable by modern standards.

Developer completes fourth adaptive reuse project in Paterson

Paramount Assets has completed its adaptive reuse of a historic property in Paterson, debuting renovated street-level retail and new apartments at what had been warehouse space.

Walters: 91-unit Seaside Heights project on track to open in early 2019

A new 91-unit apartment building in Seaside Heights is set to open in less than a year, developer Walters Group said, as construction continues on the age- and income-restricted project.

Roselle apartment building fetches $5.3 million, Kislak says

A 35-unit apartment building in Roselle has changed hands for $5.3 million, following an investment sale brokered by The Kislak Co. Inc.

New Jersey Future’s Smart Growth Awards

New Jersey Future recently hosted its Smart Growth Awards, honoring major redevelopments in the state and former Gov. James Florio.

Building management, energy tech firm details $3 million offering to fuel continued growth

A firm that provides software for building management and energy efficiency has set out to raise $3 million in venture funding for its fast-growing mobile platform.