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.

Editor’s note: A new kind of New Jersey real estate

As you might imagine, I’m usually the one asking the questions when it comes to commercial real estate. But occasionally people will flip the script and ask me what I’m seeing in the market. My response is almost never about…

Acquisition clears the way for Denholtz to begin mixed-use Red Bank project

Denholtz Associates has acquired the final piece of a site in Red Bank that will soon become home to renovated office space and 45 new luxury apartments just steps from a train station.

New Gold Coast condo tower rising in Bergen County

A developer has taken the wraps off a new condominium tower in Cliffside Park, a sleek 14-story building that will ultimately deliver 200 luxury homes to the Gold Coast.

Gauging the future of rent growth, investor appetite along the booming Hudson waterfront

As residential high-rise construction continues to surge, developers and investors are keeping a watchful eye on rent growth and capital markets activity along the Gold Coast.

Developers plan $35 million mixed-use project in Burlington City, report says

A joint venture is one step closer toward redeveloping a parking lot in Burlington City into 184 apartments and nearly 8,000 square feet of retail space along the Delaware River.

Officials, developers break ground on $24M affordable housing project in Woodbridge

Construction is underway at what will be a new low- and moderate-income residential community in Woodbridge, replacing a former 1950s-era public housing complex.

Procida lends $7.65 million for townhome project

Procida Funding LLC has closed a $7.65 million construction loan for a planned 12-unit townhome project in Brooklyn, the Englewood Cliffs-based firm announced.

NAIOP announces winner of student competition for Trenton redevelopment site

A team from Villanova University took the top honors and a $5,000 prize in a recent competition held by NAIOP New Jersey, where students from area schools offered their vision for redeveloping a historic manufacturing site in Trenton.

Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Kislak: New owner plans renovation at Hudson County apartment building

An investor has acquired a West New York apartment building that had been damaged in a fire and is planning a full renovation of the property, according to The Kislak Co. Inc.