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.
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.
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.
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.
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.
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.
The New Jersey Builders Association will honor six of the state’s most influential homebuilders tonight, when industry leaders gather for an annual fundraiser for the organization’s political action committee.
Pierson Commercial has gained a foothold in some of New Jersey’s largest and best-known cities, fueling its growth in recent years while remaining just as active in the state’s suburbs and highway retail corridors.
