A development team has completed its sale of a new 240-unit luxury apartment building in Park Ridge, commanding $130 million for the property in a deal with Veris Residential Inc.
Veris Residential Inc. has agreed to buy a newly built, upscale apartment property in Park Ridge for $130 million, adding another 240 units to its New Jersey multifamily holdings.
Claremont Development is set to unveil a new 240-unit luxury multifamily project in Park Ridge, offering a downtown location and immediate access to the borough’s train station.
