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
CIS opens new senior housing in place of Sandy-damaged complex in Middletown

A developer has opened a new affordably priced, senior housing community in Monmouth County at the site of a complex that was damaged so badly by Hurricane Sandy that it had to be demolished.

Professional Services
Tapping into technology: Virtual, augmented reality providing new frontier for design firm

Rotwein + Blake is hoping to tap into the next wave of innovation in the design of commercial real estate: virtual and augmented reality. The Livingston-based architecture firm is now hoping to integrate the technology into its practice going forward, seeing it as a tool that can both enhance the design process and create additional value for its clients.

Residential & Mixed Use
Kislak brokers $3.2 million, 27-unit apartment sale in Jersey City

An investor has acquired two Jersey City apartment buildings with a combined 27 units, in a $3.2 million sale brokered by The Kislak Co. Inc.

Residential & Mixed Use
Hudson County rental property sells for $1.2 million

A private investor has reaped more than $1.2 million from the sale of a 6,250-square foot multifamily property in Hudson County, according to brokers with Marcus & Millichap.

Policy Page
It’s time to push the reset button on New Jersey’s ‘municipal madness’

Our next governor and new Legislature best be laser-focused on two immediate priorities: investing and deploying critical resources into our transportation system and stimulating permanent property tax reductions through shared services and municipal consolidations.

Residential & Mixed Use
Camden apartment complex fetches $34.5 million, Marcus & Millichap says

An owner and developer of low-income housing has acquired nearly 400 existing units in Camden, in a nearly $34.5 million deal arranged by Marcus & Millichap.

Government & Public Policy
NJAA marks record attendance by lawmakers for PAC event (SLIDESHOW)

In a sign of strength for the state’s multifamily sector, some three dozen state lawmakers turned out this week for an annual reception hosted by the New Jersey Apartment Association.

Residential & Mixed Use
Developer set to begin leasing at new Monmouth County rental project

BNE Real Estate will soon open the doors to its new 227-unit luxury apartment project in Aberdeen, hoping to capitalize on a location just steps from an NJ Transit rail station.

Residential & Mixed Use
Watchung apartment complex sells for $90 million

A high-end apartment community in Somerset County is under new ownership, following the roughly $90 million sale of the property to a Manhattan-based operator.

Residential & Mixed Use
Atlantic Realty, local officials open new 500-unit Woodbridge transit village

A developer has taken the wraps off a new 500-unit transit village project in Woodbridge, marking the transformation of a site that once housed a long-abandoned industrial plant.