Despite some pushback, the town’s council passed a rent control law that will limit annual increases on apartment leases to 4.25% and 2.5% for seniors.
A recent study of housing trends during the 2010s shows renter populations increased dramatically throughout the Garden State, especially among well-heeled residents.
A firm has secured $77.75 million in funding for Vinty, a 267-unit residential project with retail and office space across from the Elizabeth train station.
The mixed-use transit-oriented community will have a mix of studio, one-, two-, and three-bedroom apartments for rent as well as on-site amenities and retail.
Developers recently broke ground on Netherwood Flats, a 70-unit residential project with ground-floor retail located in Plainfield.
The five most expensive zip codes for leasing a home fall in cities along the Hudson River coastline, but a few popular suburban towns aren’t too far behind.
Developers have begun leasing 424 apartments at 7 Seventy House, a 14-story building on Hoboken's western border.
Skye Lofts South is a six-story rental building that’s been rising beside the 22nd Street Light Rail station in Bayonne.
Developer Bart Blatstein recently opened extended stay apartments at the Showboat Atlantic City hotel along the Atlantic City waterfront.
New York-based investment firm Maya Capital Partners, Harbor Group International, and a private family office recently acquired an 80-unit development in Union City.
12Page 1 of 2