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.

Gebroe-Hammer: East Orange luxury high-rise fetches $11.25 million

A veteran East Orange investor has acquired a 44-unit luxury apartment building in the city, in an $11.25 million deal brokered by Gebroe-Hammer Associates.

Applied Cos. unveils latest Hudson County apartment building

One of Hudson County’s most well-known developers has taken the wraps off a new five-story, 48-unit apartment building in North Bergen.

Developer acquires ready-made apartment site in Westfield, Redwood Realty says

A multifamily builder has paid $3.5 million to acquire a fully approved development site in downtown Westfield, in a transaction arranged by Redwood Realty Advisors.

Farmer’s market is latest amenity along Jersey City waterfront, Mack-Cali says

Developers have opened a weekly farmer’s market in Jersey City as part of a joint effort to bring new offerings residents and workers along the Hudson waterfront.

Residential, day care building set to rise in Newark’s Ironbound

An architectural firm has completed its design of a new mixed-use residential and day care building that is now under construction in Newark’s Ironbound section.

HFF marketing Mercer County apartment community

The owner of a 312-unit, Princeton-area apartment community has hired HFF to sell the property.

Kislak touts $11.6 million in North Jersey multifamily deals

Three Essex County buildings with a combined 178 apartments have changed hands for a total of $11.6 million, following recent sales arranged by The Kislak Co. Inc.

Upper Montclair properties fetch $3.25 million

A private investor has sold two neighboring mixed-use properties in Montclair for a combined $3.25 million, according to brokers with Marcus & Millichap.

NGKF: Redevelopment, conversion projects increasingly help ‘prune’ N.J. office market

Large vacancies have loomed over northern New Jersey’s office market in recent years, but a series of redevelopment and adaptive reuse projects are now helping to make a dent in the region’s stubbornly high availability rate.

Value drivers: How Onyx became a top player in New Jersey real estate

John Saraceno Jr. (left) and Jonathan Schultz, co-founders and managing principals of Onyx Equities LLC, have helped grow the company into one of the state’s top private value-add investment firms in New Jersey since its founding in 2004. — Photo…