Residential & Mixed Use
Marcus: New Jersey rental market to stay resilient despite crush of new supply in 2024

Sustained demand will likely stave off a major spike in apartment vacancy in northern New Jersey, Marcus & Millichap said in a new report, despite what’s slated to be the largest infusion of new supply in decades with more than 15,000 units coming online this year.

Residential & Mixed Use
Seven-unit apartment building in Jersey City trades for $1.1 million, Marcus says

A local developer has sold a seven-unit apartment building in Jersey City for more than $1.1 million, in a newly announced deal by Marcus & Millichap.

Residential & Mixed Use
Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

Residential & Mixed Use
This story has been removed

Editor’s note: This story has been removed. We apologize for the inconvenience.

Residential & Mixed Use
Marcus: North Bergen apartment, retail building trades for $2 million

A local investor has sold an 8,100-square-foot apartment and retail building in North Bergen for $2 million, brokers with Marcus & Millichap announced Tuesday.

Residential & Mixed Use
Marcus closes sale of 11-unit Union City apartment building for $2 million

A private investor has sold an 11-unit apartment building in Union City for $2 million, in a newly announced deal by Marcus & Millichap.

Retail
Single-tenant retail property in downtown Westfield trades for $4.7 million, Marcus says

A local investor has acquired a nearly 36,000-square-foot retail property in downtown Westfield for $4.7 million, brokers with Marcus & Millichap announced Monday.

Retail
Marcus: Site of Hillsborough preschool, daycare center fetches $3.6 million

A private investor has purchased the site of a preschool and daycare center in Hillsborough for nearly $3.6 million, brokers with Marcus & Millichap announced last week.

Professional Services
Marcus & Millichap adds Gorczycki to New Jersey capital markets team

Marcus & Millichap has bolstered its capital markets platform in New Jersey with the hiring of veteran broker Dan Gorczycki.

Professional Spotlight
Marcus & Millichap

At Marcus & Millichap, we represent a diverse range of clients in the commercial real estate industry. Our clientele includes individual and institutional investors, developers and property owners both nationally and internationally.