Asbury Park Approves Tax Incentives for $3.5 Million Condos and Townhomes Near Wesley Lake
Asbury Park has approved 30-year tax breaks for a 67-unit development near Wesley Lake, where condos and townhomes are expected to sell for approximately $755,000 to $3.5 million.
Former REI and Red Robin Site in Paramus to Become 426 Apartments
A former REI, Red Robin and surrounding parking lots in Paramus are slated to become 426 apartments and retail space after developers secured $163.9 million in construction financing.
Union City Approves Four-Story Development With Apartments and Retail
Union City has approved plans to replace two buildings dating to 1910 with a four-story development.
Jersey City Approves 115-Unit Development Near Hamilton Park
Jersey City has approved an eight-story development near Hamilton Park that will replace two paved lots with 115 apartments, ground-floor retail and 86 parking spaces.
Bayonne’s 250-Unit The Standard Development Secures $71 Million Loan
A 12-story mixed-use complex in Bayonne that was approved almost three years ago has obtained construction financing and aims to revitalize a large vacant parcel on Avenue E.
Monaco Lock Building in Jersey City Sells for $7 Million
A Newark Avenue property that has been home to a local business for decades has changed hands and is slated to become Jersey City’s next development site.
Former Bamberger’s and Ohrbach’s Building in Newark Slated for 98 Apartments
A nearly 130-year-old Downtown Newark building that once housed Bamberger’s and Ohrbach’s is slated for a major restoration with 98 apartments, including 20 affordable units.
Kushner Companies Breaks Ground on Final Phase of Long Branch’s Pier Village
Kushner has broken ground on One Eighty Ocean, a 39-residence oceanfront condominium development that will complete the massive Pier Village project in Long Branch.
Foreclosed Montclair Apartment Project Gets New Developer, 30-Year Tax Break
The partially completed Montclair project includes commercial space, a public plaza and affordable housing.
Five-Story Apartment Building Approved Near Jersey City’s Our Lady of Mercy Church
A surface parking lot along JFK Boulevard in Jersey City’s Greenville neighborhood is slated for a five-story building with 17 apartments, retail space and a rooftop deck.
