It’s Not Just Single-Family Demand Surging, COVID-Flight Drove Record Interest to These N.J. Communities
Most headlines about the COVID migration have focused on city-dwellers ditching apartments for single-family homes. However, there’s also been a surge in activity at lower-density, commuter-friendly communities.
Union City Rental Complex Trades for $31M
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.
Newark Accepting Public Comment Regarding Plan to Spend $3.5M of CARES Act Funds
The City of Newark could spend more than $3.5 million of funding that it has received through the CARES Act on rental assistance, microenterprise assistance, and "special economic development activities."
Live Like a High Roller at Showboat Atlantic City’s Extended Stay Apartments
Developer Bart Blatstein recently opened extended stay apartments at the Showboat Atlantic City hotel along the Atlantic City waterfront.
Study Finds Jersey City has Nation’s Fifth Highest Rents
Data sourced from apartment listings show that rents in New Jersey’s second-largest city rank just below those in major metropolises like New York and Los Angeles.
Skye Lofts Apartment Building Opens Beside Bayonne Light Rail Station
Skye Lofts South is a six-story rental building that’s been rising beside the 22nd Street Light Rail station in Bayonne.
Glen Ridge Luxury Rental Community Achieves Lease Up Milestone
Clarus Glen Ridge, a luxury rental community, has achieved a 100% lease up milestone in less than six months.
New Rental Building Opens at Seventh and Jackson Streets on Hoboken’s Western Border
Developers have begun leasing 424 apartments at 7 Seventy House, a 14-story building on Hoboken's western border.
Study Says Hoboken, Jersey City Have N.J.’s Highest Rents
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.
Work Begins on ‘Netherwood Flats,’ 70 Apartments Adjacent to Train Station in Plainfield
Developers recently broke ground on Netherwood Flats, a 70-unit residential project with ground-floor retail located in Plainfield.
