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
Woodmont launches leasing at 120-unit townhome, apartment project in Lehigh Valley

Woodmont Properties has unveiled 120 new luxury rental homes in Pennsylvania’s Lehigh Valley, its latest addition to a development about 25 miles west of New Jersey.

Residential & Mixed Use
West New York, Bayonne rental properties totaling 32 units trade in separate deals by CBRE

Two apartment buildings with a combined 32 units have changed hands in Hudson County, in a set of newly announced transactions by CBRE.

Residential & Mixed Use
Updated 10-unit apartment building in North Bergen trades for $1.7 million, Cervelli says

A private investor has purchased a 10-unit apartment building in North Bergen for $1.68 million, according to a brokerage team with Cervelli Real Estate & Property Management.

Residential & Mixed Use
Taurasi Group nears launch of 110 luxury condos at historic Hoboken factory building

A collection of 110 luxury condominiums will soon hit the market in Hoboken, bringing new life to a historic industrial property at the southern edge of the city.

Residential & Mixed Use
SJP, Claremont eye groundbreaking for 444-unit rental tower at historic Jersey City church site

SJP Properties, Claremont Development and Battery Global Advisors are set to begin construction on a new 444-unit luxury rental tower in Jersey City, having secured joint venture equity and financing in connection with the project.

Residential & Mixed Use
Sharbell debuts 20 townhomes as final piece of Montgomery project

Sharbell Development Corp. has unveiled 20 new townhome-style condominiums in Somerset County, marking the completion of a project just west of Route 206.

Residential & Mixed Use
Deluccia: Raritan Borough building with four apartments, restaurant trades for $1.2 million

An investor has purchased a mixed-use building in downtown Raritan Borough for $1.15 million, in a newly announced deal by Deluccia Commercial Group.

Residential & Mixed Use
Napier Park sells 43-unit Newark portfolio in REO deal, CBRE says

An alternative asset manager has sold an updated two-building, 43-unit apartment portfolio in Newark as part of a real estate owned transaction arranged by CBRE.

Finance & Capital Markets
Russo lands $162 million loan for new 534-unit ‘Vermella’ rental project in New Brunswick

Russo Development has closed on $162 million in financing for its new 534-unit high-end multifamily development in New Brunswick, brokers with JLL announced Friday.

Residential & Mixed Use
Affordable housing, strip mall in Livingston change hands in deals arranged by Kislak

A private investor has purchased a 51-unit affordable housing complex in Livingston for $4.5 million, in one of two newly announced deals by The Kislak Co. Inc.