A group advised by J.P. Morgan Asset Management has sold 408 apartments across two properties in Jersey City for nearly $222 million, brokers with CBRE announced Tuesday.
One of Jersey City’s newest residential buildings is nearly fully leased after just five months, amid continued demand for high-end apartments along the Hudson waterfront.
Renters are flocking to a new apartment building in Jersey City’s Paulus Hook neighborhood, where Fields Development Group has leased nearly 70 percent of its 153 units.
After the rapid lease-up of a new 255-unit rental building in Jersey City, Fields Development Group is rolling out another 153 luxury apartments at an adjacent project.
A developer is set to debut a new 255-unit luxury apartment building in the Paulus Hook section of Jersey City, touting an infusion of rental units in a neighborhood dominated by brownstones.
