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.

Top News
Michael Kaplan, prominent New Jersey developer and longtime Kaplans Cos. leader, dies at 83

Michael Kaplan, a Holocaust survivor who became a prolific New Jersey homebuilder and the second-generation leader of the Kaplan Cos., died Wednesday at age 83.

Residential & Mixed Use
Generational owner sells 22-unit West New York apartment building, Gebroe-Hammer says

The longtime owner of a 22-unit apartment building in West New York has sold the property for nearly $4 million, according to a broker with Gebroe-Hammer Associates.

Residential & Mixed Use
Developer launches leasing at 170-unit upscale rental property in Long Branch

Leasing is underway at a new 170-unit luxury apartment property in Long Branch, in a new addition to the city’s fast-growing stock of upscale housing along its coastline.

Residential & Mixed Use
AvalonBay unveils 221-unit luxury rental property, its second in Princeton

AvalonBay Communities Inc. has completed its new 221-unit multifamily project in Princeton, where it has redeveloped the site of two outdated, obsolete office buildings near Route 206.

Residential & Mixed Use
Family office sells 41-unit Jersey City apartment building for $8 million, CBRE says

A private investment group has purchased a 41-unit apartment building in Jersey City for more than $8 million, according to a brokerage team with CBRE.

Residential & Mixed Use
Related plans 750 rentals in Jersey City after $58 million land deal with Veris

Veris Residential Inc. has completed its sale of a Jersey City development site to Related Cos., whose plans for the parcel call for 800 apartments one block from the Hudson waterfront.

Residential & Mixed Use
Bijou sells 69-unit Hoboken luxury rental property in trade, financing deal arranged by JLL

Bijou Properties has sold a two-building, 69-unit luxury apartment portfolio in northern Hoboken, in a newly announced deal by JLL.

Residential & Mixed Use
Cervelli brokers Fairview, Cliffside Park apartment sales for combined $2.2 million

Two apartment buildings with a combined 12 units have changed hands in southeast Bergen County, in a set of deals arranged by Cervelli Real Estate & Property Management.

Retail
Goldstein Group: Phenix Salon Suites takes 8,000 sq. ft. at Belleville mixed-use project

Phenix Salon Suites has added to its footprint in New Jersey after leasing more than 8,000 square feet at a new mixed-use development in Belleville.

Residential & Mixed Use
Larken marks lease-up of new luxury rental properties in Bordentown, Whitehouse Station

Larken Associates has leased up a combined 526 apartments across two newly completed luxury multifamily properties in Burlington and Hunterdon counties.