Earlier this week, dignitaries including Jersey City Mayor Steve Fulop joined the principals of Halpern Real Estate Ventures to celebrate the beginning of work on a major new addition to the West Side neighborhood. The endeavor will construct a new six-story luxury rental building that includes nearly 50,000 square feet of modern indoor and outdoor…
A 140,000-square-foot retail development slated for a former Colgate-Palmolive industrial campus in North Jersey has already signed up a roster of tenants, and construction has started. Morris Marketplace is part of a mixed-use project, the redevelopment of a 64-acre parcel at 191 E. Hanover Ave. that straddles Morris Township and Morristown, the seat of Morris County. The…
Leasing is now underway at Clarus Glen Ridge, a rental complex in Glen Ridge, New Jersey. From JMF Properties, the complex includes 110 apartments and a collection of indoor-outdoor amenity spaces. Located at 277 Baldwin Street, the complex is closest to the Bay Street New Jersey Transit station with quick connections to New York City. The…
OLD BRIDGE – A new rental community is open for leasing in the township. Located at 99 Old Amboy Road, near Routes 9 and 18, 99 Bridge is a collection of 150 rental residences complemented by an array of lifestyle amenities, according to the community’s developers, BNE Real Estate Group and Sterling Properties. Renters can choose from a…
A development team has leased up a new 704-unit luxury apartment tower in Jersey City, paving the way for the final phase of a landmark project in the historic Journal Square neighborhood. The partners, Kushner Real Estate Group and a client of National Real Estate Advisors LLC, announced the milestone Monday less than five months…
Vango Development recently announced they received final approval for a new luxury rental building in Rutherford, New Jersey. This allows construction to begin on the second phase of The Parker. The new building will be located at 118 Park Avenue, adjacent to the first phase of The Parker which is a 52-home rental building that…
Leasing is now underway at 945 Stuyvesant Avenue, a new mixed-used building at Centurion Union Center in Union, New Jersey. The four-story property comprises a mix of rental apartments, amenity spaces, ground-floor retail, and surface-level parking. 945 Stuyvesant Avenue is latest property to debut at Centurion Union Center, a four-building masterplanned community that will eventually…
Russo Development is gearing up to open its latest luxury multifamily project, a collection of nearly 300 apartments in the Union County borough of Garwood. Known as Vermella at Garwood Station, the property is steps from NJ Transit rail service and will feature 40,000 square feet of indoor and outdoor amenity space. The Carlstadt-based developer…
A 37-story luxury rental building is set to open this fall in Jersey City’s Powerhouse Arts District. 351 Marin will feature 507 residential units located at 351 Marin Blvd., in close proximity to the Grove Street PATH station, commuter ferries with service to Lower and Midtown Manhattan and the Hudson Bergen Light Rail system, the Kushner…
COVID-19 was devastating for many businesses. Restaurants, health clubs, movie theaters and other enterprises suffered substantial losses due to pandemic shutdowns. However, one industry thrived during the worst of COVID-19: real estate. Fueled by an out-migration from urban areas and supported by record-low interest rates, the suburban New Jersey real estate market remained blazing hot through the dead of…
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