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 $3.2 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.

Government & Public Policy
Christie: Newark is ‘the only location for Amazon here in the state of New Jersey’ (VIDEO)

As the state prepares to submit its official bid later this week, Gov. Chris Christie has declared Newark “the clear winner” of the competition among several New Jersey municipalities that have expressed hopes of landing the coveted Amazon HQ2 project.

Industrial
Hampshire, First Westwood unveil ‘integrated’ self-storage building in downtown Westwood (SLIDESHOW)

The newest building in downtown Westwood has the look and feel of many other properties in the neighborhood, yet it’s unlike anything else in the central business district. Jon Hanson knows that to be a winning formula for a self-storage project.