Luxury Rental Community in South Orange Sells for Over $84 Million
CBRE announced that Gaslight Commons, a luxury rental community, was acquired by Pacific Urban Residential.
CBRE Announces Sale of Multi-Family Property in Jersey City for Near Record-Setting Sum
The sale demonstrates the strength of the Jersey City multi-family market despite the pandemic.
Lidl Buys Site of Upcoming Garwood Store for $13M
Jersey Digs first reported in 2019 that a Lidl grocery store could come to South Avenue in Garwood. Now, we’ve learned that the company acquired the property in a multi-million dollar transaction over the summer.
Roseland’s Former Bobst Site Sells for Nearly $28 Million
The former North American home of a Swiss company in Essex County has been sold. Redevelopment could be on the way.
Redevelopment Agency Board Approves $5.76M Acquisition of 125 Monitor Street, Jersey City
The Jersey City Redevelopment Agency wants to pay more than $5 million from a developer for a previously industrial Bergen-Lafayette property. The agency could even begin the condemnation process if the acquisition is not successful.
Q3 Numbers Show Rising Home Sale Prices but Lower Volume Along NJ’s Gold Coast
A recent report from The Real Deal is a bit of a good news, bad news situation for homeowners along New Jersey’s Gold Coast.
Joint Venture Buys Over 400 Affordable Housing Units in Jersey City
Two companies have teamed up to purchase a sizable chunk of affordable units throughout four buildings that will see some upgrades in the coming years.
Remediation Begins at Jersey City’s Crescent Park Site
An environmental cleanup has begun at the Crescent Park site in Jersey City where over 2,000 units are planned.
Judge Rules $76 Million Sale of Bayonne Medical Center Land Can Proceed
A court ruling allows Hudson Regional Hospital to acquire the property that hosts the medical center and the company is also hoping to strike a deal to purchase the operation rights at the building.
Two North Hudson Multi-Family Deals Finalized for $90 Million
Livingston-based Tuli Realty has purchased almost 500 apartments throughout NJ including the Golden Peak Portfolio from Dixon Advisory for $65 million.
