Marcus: Asbury Park lot zoned for 80 apartments trades for $2.2 million

A private investor has acquired an approved multifamily development site in Asbury Park for more than $2 million, brokers with Marcus & Millichap announced Wednesday.

Kislak: Asbury Park apartments sold for $18.5 million, nearly tripling in value from 2012

An investor has sold a 98-unit apartment building in Asbury Park for $18.5 million, completing the deal roughly a decade after buying the property for less than $7 million.

Investor sells Asbury Park apartments for $2.3 million, Kislak says

An investor has sold a 13-unit apartment building in Asbury Park for $2.3 million, in a deal that comes less than three years after it purchased the property.

Gebroe-Hammer touts $115 million in Monmouth, Burlington apartment sales

Multifamily investment sales in Monmouth and Burlington counties are on the rise, fueled by the growth of rental communities around highways such as interstates 195 and 295.

Upscale Asbury Park hotel set to reopen after COVID shutdown

A luxury hotel along the Asbury Park waterfront is set to reopen after being closed due to the coronavirus outbreak.

Penthouse at Asbury Park condo tower fetches $5 million

A penthouse at a new Asbury Park condominium tower has sold for $5 million, in a sign of strength for the ongoing revitalization of the city’s iconic waterfront.

CBRE: Garden, high-rise apartment portfolio fetches $146 million

A longtime New Jersey apartment owner has reaped $146 million from the sale of seven properties in Essex, Monmouth and Mercer counties, brokers with CBRE said Tuesday.

iStar unveils $6 million oceanfront condo in Asbury Park

Six penthouses have hit the market at a new high-end condominium building in Asbury Park, including a top-floor, four-bedroom unit with an asking price of nearly $6 million.

Kearny Point, Bell Works among sites eligible for EDA rent grants for startups

The state has approved nine locations at which technology or life sciences startups can apply for rent support grants that would help them move into incubators, accelerators or co-working spaces, including some of New Jersey’s largest redevelopment projects.

Two N.J. law firms detail plans to combine under MS&B banner

Two New Jersey law firms are joining forces to create a team of more than 50 attorneys and what it says will be a wide-ranging legal practice.