Real Estate NJ’s 2021 Market Forecast

After a year like no other, New Jersey’s commercial real estate industry is eager to turn the page. But many believe the pandemic’s impact will be felt for months if not years to come. As always, we’re here to help you make sense of it all with the help of some top developers, service providers and thought leaders. You can find their predictions for the year ahead and more in our special 2021 Market Forecast.

Gebroe-Hammer touts $1.3 billion in 2020 multifamily deal volume, despite pandemic

Gebroe-Hammer Associates is hailing the completion of some $1.3 billion in transaction volume in 2020, defying the pandemic and showing the strength of the multifamily sector.

Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates.

Gebroe-Hammer inks sale of 1,030 apartments in September, October

Gebroe-Hammer Associates is touting the recent completion of multifamily asset sales valued at $164 million, with momentum expected to continue in New Jersey through the end of 2020.

Gebroe-Hammer: Buyers wanted for 29-building, 406-unit rental portfolio

A sprawling collection of more than 400 apartments is on the market for sale in New Jersey, in a newly announced offering by Gebroe-Hammer Associates.

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.

Nutley apartment building fetches $19 million, Gebroe-Hammer says

The developer of a 108-unit apartment building in Nutley has sold the property for $19 million, in a newly announced transaction by Gebroe-Hammer Associates.

Gebroe-Hammer touts $75 million in Hudson County apartment sales in June, July

A broker with Gebroe-Hammer Associates has kept active since the height of the COVID-19 outbreak, inking the sale of more than 200 units in Hudson County in June and July alone.

Gebroe-Hammer: Hudson County apartment building fetches $19.5 million

The owner of a 60-unit upscale apartment building in Hudson County has sold the property for nearly $20 million, in a transaction arranged by Gebroe-Hammer Associates.

Journal Square apartment buildings fetch $10 million, Gebroe-Hammer says

The longtime owner of two Jersey City apartment buildings has sold the 57-unit portfolio for nearly $10 million, in a newly announced transaction by Gebroe-Hammer Associates.