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.

Two-year-old, 214-unit apartment building in Dover trades for $75 million, Berkadia says

An investment group has sold a 214-unit luxury apartment building in Dover for $75 million, marking the second trade of the property since late 2020.

Saint Peter’s unveils new ‘Panepinto Hall’ in honor of Jersey City developer, alumnus

Saint Peter’s University has opened a new residence hall in Jersey City that will be named after iconic developer Joseph A. Panepinto, an alumnus and longtime benefactor of the school.

Penthouse at Hoboken’s ‘Wonder Lofts’ sold for multimillion-dollar price

A buyer has snagged one of two multimillion-dollar penthouses at Wonder Lofts, the new upscale condominium property at the site of the historic Wonder Bread factory in Hoboken.

Developers hit 80 percent leased milestone at ‘Print House’ project in Hackensack

A development team has leased more than 200 apartments at the first phase of a large redevelopment project in Hackensack, at the former site of The Record daily newspaper.

With fast-growing pipeline, Alpine makes major investment in historic Jersey City neighborhood

Alpine Residential is betting big on Jersey City’s Bergen-Lafayette neighborhood, where it recently built more than 200 luxury apartments and is planning another $430 million in new development — including a high-profile project at the nearby Liberty Science Center.

Developer breaks ground on 51-unit rental building in Orange, Avison Young says

Construction is underway on a building that will bring another 51 luxury apartments to Orange, while redeveloping a site just north of NJ Transit rail service.

Jersey City condo tower hits sales milestone after summer flurry

More than 300 homebuyers have now committed to 99 Hudson, the new 79-story condominium tower in Jersey City, following a summer surge at the distinctive waterfront building.

New York-based buyer adds 43-unit Jersey City rental portfolio for $6.9 million

A private investor has purchased a three-building, 43-unit apartment portfolio in Jersey City for $6.9 million, according to a brokerage team with Capital Realty Associates.

Larken Associates touts preleasing success at new 254-unit Readington rental property

Larken Associates has preleased nearly 90 percent of a new 254-unit luxury apartment property in Readington, with plans to welcome its first residents in the coming months.

Spencer Savings Bank continues service, financial support to Habitat for Humanity

Spencer Savings Bank has continued its partnership with Habitat for Humanity with two recent projects in the region and a donation to the organization’s Bergen County affiliate.