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
CBRE: Veris sells 240-unit high-end rental property in Park Ridge for $117 million

Veris Residential Inc. has sold a four-year-old, 240-unit luxury apartment building in Park Ridge for $117 million, brokers with CBRE announced Tuesday.

Residential & Mixed Use
Marcus: Nine-unit Hoboken apartment building fetches $4.6 million

A private investor has acquired a nine-unit apartment building in Hoboken for nearly $4.6 million, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
JLL: Denholtz seeking buyer for fully approved high-end condo parcel in Sea Bright

Denholtz is looking to sell a shovel-ready development site in Sea Bright that would allow for 15 luxury condominiums along the Shrewsbury River, according to a listing team with JLL.

Residential & Mixed Use
TAY Investments opens 116-unit rental building to transform East Orange site

TAY Investments has unveiled a 116-unit luxury apartment building in East Orange that has brought new life to a former restaurant site off Interstate 280.

Community
J&L’s latest ‘Build-a-Backpack’ event benefits charter school students in downtown Newark

More than 150 students in downtown Newark will start the school year with new backpacks and classroom supplies thanks in large part to an initiative by J&L Cos.

Residential & Mixed Use
Mary Cook Associates details interiors projects for Old Tappan, Ho-Ho-Kus rentals

Mary Cook Associates is touting the completion of Bergen County apartment buildings where it provided interior design services for common areas and unit finishes.

Residential & Mixed Use
Rosera Wesmont, new 295-unit rental property in Wood-Ridge, hits 50 percent leased

JCMLiving has rented 50 percent of its new 295-unit luxury apartment building in the master-planned Wesmont Station district in Wood-Ridge.

Finance & Capital Markets
Kaplan refis 200-unit Helmetta property with $38 million Nuveen loan, JLL says

Kaplan Cos. has closed on more than $38 million in financing for a 200-unit apartment and townhome property in Helmetta, according to a debt placement team with JLL.

Residential & Mixed Use
Hartz completes 218-unit luxury rental building to cap off 40-year Lincoln Harbor development

Hartz Mountain Industries has leased nearly two-thirds of a new 218-unit high-end rental property in Weehawken, hitting the milestone just four months after its debut and as the firm marks the completion of its acclaimed Lincoln Harbor district.

Office
NAIDB lists five-property, mixed-use portfolio in North Brunswick for sale

The owner of more than 7,000 square feet across five properties in North Brunswick is looking to sell the portfolio, tapping NAI DiLeo-Bram & Co. to lead the offering.