Invel Capital has acquired a 111-unit multifamily property in Waldwick for $39 million, adding an asset that was built less than a decade ago and is steps from NJ Transit rail service.
The developers of a new 209-unit apartment building in Orange are off to a fast start after the launch of leasing, having rented more than 60 percent of the property in just three months.
The developers of four multifamily projects joined public officials last week to celebrate Arbor Day, touting the benefits of redevelopment and the use of green building practices at the sites.
A joint venture has broken ground on the first piece of what will ultimately be more than 400 luxury apartments and new public space alongside an NJ Transit train station in Orange.
Russo Development and Dinallo Construction Corp. have completed their rehabilitation of a onetime flag factory in Verona, delivering 52 new loft-style apartments alongside a newly built, 60-unit sister building next door.
As a crowd gathered last week to mark the opening of a new luxury rental complex in Waldwick, a nearby resident was among those who had wandered over to the property.
Construction is underway at a project that would convert a historic flag factory in Verona into the centerpiece of a new 112-unit residential development.
