An 87-unit townhome complex in Atlantic County has changed hands for more than $8 million, in one of three newly announced transactions by Marcus & Millichap.
More than 200 apartments have changed hands in Essex County for a combined $26.4 million, under a series of newly announced transactions by Marcus & Millichap.
A landmark package of new rent control laws passed by the New York State government in mid-June appears to have kick-started a new kind of boom for the New Jersey real estate market. The laws, which dramatically strengthened tenant protections in New York City, took key steps such as repealing what was known as the vacancy bonus provision, which had allowed a property owner to raise rents as much as 20 percent each time a unit became vacant.
The developer of a new retail complex in Monmouth County is seeking a buyer for the property, where brokers are also touting the ability to build another 117,505 square feet.
A private investor has sold a 13-unit apartment property in Paterson for nearly $1.3 million, under a newly announced transaction by Marcus & Millichap.
Three garden apartment complexes with a combined 95 units have changed hands in southern New Jersey, in a nearly $5.7 million transaction arranged by Marcus & Millichap.
A private investor has sold a retail property in Monmouth County for nearly $5 million, brokers with Marcus & Millichap announced Thursday.
An investor has acquired a medical office property in Cherry Hill, under a $4 million transaction arranged by Marcus & Millichap.
A developer has sold three nursing home facilities in the region, including one in Atlantic County, under a set of transactions brokered by Marcus & Millichap.