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.
Developers Set ‘Shaq Tower’ Opening for Mid-June
Shaquille O’Neal and New Brunswick-based developer Boraie Development have set an opening date for their Shaq Tower project at One Rector Street in Newark.
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.
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.
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.
New Belleville Apartment Building The Essex Secures $35.5 Million in Financing
A 158-unit luxury rental property in Belleville recently closed on a $35.5 million loan.
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.
100 New Luxury Rentals Are Under Construction in Springfield, Plans to Open by Late...
Developer Garden Communities bringing Springfield Greens, a new boutique multifamily offering along the I-78 corridor in Union County.
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.
