36-Unit Multifamily Property in Union County Changes Hands for $6.6 Million
The New Jersey complex features 32 one-bedroom and 4 two-bedroom units with landscaped grounds and resident amenities.
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."
The Harper at Harmon Meadow Cuts Ribbon, Launches Secaucus Rental Community
The Harper at Harmon Meadows, a 469-unit luxury rental community, officially opens in Secaucus.
Woodmont Bay Club Bringing 220 Units to Booming Bayonne
There will be 220 units, ranging from studios to three-bedrooms, just across from Rutkowski Park. Woodmont Properties and Baker Residential are the developers, with Victor Mirontschuk of EDI International as architect. Completion is expected in a year and half.
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.
300-Unit Transit-Oriented Rental Community Breaks Ground in Woodbridge
Located in Woodbridge, the new six-story community will offer direct transit access and over 23,000 square feet of amenities.
JLL Secures Funding for 267-Unit Vinty Development Near Elizabeth Train Station
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.
$62 Million Financing Secured for Multifamily Portfolio Featuring Four New Jersey Properties
A $62 million financing deal has been secured for a multifamily portfolio that includes four garden-style apartment communities in Northern New Jersey.
Montclair Enacts New Rent Control Ordinance
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.
Waterfront Edgewater Towne Center with Whole Foods Sells for $53.2 Million
Anchored by Whole Foods and located on nearly 14 acres, Edgewater Towne Center has been sold to a private buyer.
