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Top Re-nj.com News

Startups · New Jersey

N.J. Sports Chiropractic, Wonder taking space at Avenue & Green in Woodbridge

New Jersey Sports Chiropractic is coming to Avenue & Green, Prism Capital Partners’ multifamily, mixed-use community at 10 Green St., adjacent to the Woodbridge train station. This latest commitment follows the recent opening of fast-casual dining company Wonder. The two tenant additions bring Avenue & Green’s retail space to 100% occupancy. RIPCO’s Deborah Stone represented Nutley-based Prism in both 2,040-square-foot leases. Morganville-base…See the Story

Watchung · Watchung

JLL arranges construction financing, JV equity for apartment community in Watchung

JLL Capital Markets said on Aug. 8 that it has secured a construction loan and joint venture equity for Blue Hill at Watchung, a 230-unit, Class A luxury apartment community to be developed in Watchung. JLL represented the sponsor team, Livingston-based Sterling Properties Group and Danbro Properties of Caldwell, in arranging the loan through First Citizens Bank, headquartered in Raleigh, N.C. JLL also organized the sponsor’s joint-venture equit…See the Story

Jersey City · Jersey City

Namdar snags $358 million construction loan for 1,126 new units in Journal Square, report says – Real Estate NJ

By Joshua Burd Namdar Group is set to break ground on a combined 1,126 new apartments in Jersey City after reportedly securing $358 million in construction financing. According to Commercial Observer, Tyko Capital provided the debt in connection with the two mixed-use projects at 29 Van Reipen Ave. and 612 Pavonia Ave. in the city’s booming Journal Square neighborhood. Newmark’s Jordan Roeschlaub, Nick Scribani and Max Ralby negotiated the deal …Read Article

NAIDB: Commercial sales in seven northern, central N.J. counties total $1.4 billion in H1 – Real Estate NJ

According to the NAI DiLeo-Bram & Co. Summer Market Snapshot Report’s counties of focus, the most actively traded submarket for industrial properties is Middlesex County, where the firm arranged the $19.5 million sale of 107 How Lane in New Brunswick and currently serves as the building’s exclusive leasing agent. — Courtesy: NAIDB By Joshua Burd Commercial property sales are trending upward in a key swath of northern and central New Jersey, with…New Brunswick, New Jersey · New Brunswick Read Article

Hackensack council votes to scrap PILOTs for major projects by Sanzari, Russo and Enburg, with legal action now looming – Real Estate NJ

Plans for One Essex, a mixed-use project by an affiliate of Alfred Sanzari Enterprises, call for 250 apartments, amenities for residents and 16,000 square feet of commercial space. — Rendering by Minno & Wasko Architects and Planners/Courtesy: Sanzari By Joshua Burd The Hackensack city council has voted to rescind payment in lieu of taxes agreements for three high-profile development projects, raising major questions about the fate of proposals …Real Estate · Hackensack Read Article

Woodmont breaks ground, eyes 2028 delivery for 300-unit Metropark rental project – Real Estate NJ

Plans for Woodmont Rail at Metropark in Woodbridge call for 300 luxury apartments and 23,000 square feet of amenity space. — Rendering courtesy: Woodmont Properties By Joshua Burd Woodmont Properties has broken ground on a project that will bring 300 new luxury apartments to a site less than a mile from the Metropark train station in Woodbridge. Located at 186 Wood Ave., the six-story property will have a mix of homes ranging from 574-square-foo…New Jersey · New Jersey Read Article

Secaucus warehouse owner lands $23 million permanent loan, G.S. Wilcox says – Real Estate NJ

By Joshua Burd The owner of a 200,000-square-foot warehouse in Secaucus has closed on $23 million in permanent financing, in a newly announced deal by G.S. Wilcox & Co. The borrower, which was undisclosed, secured the five-year fixed-rate loan through one of G.S. Wilcox’s correspondent life insurance companies. The mortgage banker noted that the fully leased, one-story facility has 19 loading docks and one drive-in door, adding that it includes …Real Estate · Secaucus Read Article

Larken hails completion, lease-up of 120-unit multifamily property in Pohatcong – Real Estate NJ

Monte View at Pohatcong at 1001 Monte View Drive in Pohatcong — Courtesy: Larken Associates By Joshua Burd Larken Associates has completed and leased up a collection of 120 new apartments in Warren County, marking another milestone for its fast-growing residential portfolio. The developer, which is based in Branchburg, welcomed the first residents to its Monte View at Pohatcong property in late 2024 after breaking ground about a year earlier. It…Property · Pohatcong Read Article

NAI DiLeo-Bram & Co.: 2 Union County Industrial Sales Total Nearly $5M

NAI DiLeo-Bram & Co. recently facilitated two separate industrial-property sales totaling just under $5 million in Union County. Vice President Richard Goski and Associate Vice President Catherine Goski-Vasquez negotiated the sale of a 6,000-square-foot industrial building in Linden to an unnamed HVAC company on behalf of the unnamed seller as well as the trade of a 12,500-square-foot warehouse in Plainfield. “The Union County industrial market…Real Estate · Union County See the Story

PRC enters New Jersey, acquires 150-unit affordable housing complex in Paulsboro – Real Estate NJ

By Joshua Burd Real estate firm PRC has acquired a 150-unit apartment complex in Paulsboro, where it’s now planning a major update to help maintain the property’s affordable housing subsidies. The family-run firm, which is based in White Plains, New York, said it expects to start the rehabilitation project in early 2026 after recently closing on the 21-building Paulsboro Gardens Apartments on Baird Avenue. That will include accessibility upgrade…Housing · White Plains Read Article

Children’s Hospital of Philadelphia eyes new Hamilton facility after buying ex-theater site – Real Estate NJ

By Joshua Burd The Children’s Hospital of Philadelphia has acquired a former AMC movie theater property in Hamilton as part of a plan to bring a new pediatric care facility to the Mercer County township. According to local officials, which announced the transaction last week, the municipality and the provider have launched a thorough, collaborative process to develop proposals for the future use of the property at 325 Sloan Ave. That will pave t…Health Care · New Jersey Read Article

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Top Re-nj.com News

N.J. Sports Chiropractic, Wonder taking space at Avenue & Green in Woodbridge

JLL arranges construction financing, JV equity for apartment community in Watchung

Namdar snags $358 million construction loan for 1,126 new units in Journal Square, report says – Real Estate NJ

NAIDB: Commercial sales in seven northern, central N.J. counties total $1.4 billion in H1 – Real Estate NJ

Hackensack council votes to scrap PILOTs for major projects by Sanzari, Russo and Enburg, with legal action now looming – Real Estate NJ

Woodmont breaks ground, eyes 2028 delivery for 300-unit Metropark rental project – Real Estate NJ

Secaucus warehouse owner lands $23 million permanent loan, G.S. Wilcox says – Real Estate NJ

Larken hails completion, lease-up of 120-unit multifamily property in Pohatcong – Real Estate NJ

NAI DiLeo-Bram & Co.: 2 Union County Industrial Sales Total Nearly $5M

PRC enters New Jersey, acquires 150-unit affordable housing complex in Paulsboro – Real Estate NJ

Children’s Hospital of Philadelphia eyes new Hamilton facility after buying ex-theater site – Real Estate NJ

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NAIDB: Commercial sales in seven northern, central N.J. counties total $1.4 billion in H1 – Real Estate NJ

Hackensack council votes to scrap PILOTs for major projects by Sanzari, Russo and Enburg, with legal action now looming – Real Estate NJ

Woodmont breaks ground, eyes 2028 delivery for 300-unit Metropark rental project – Real Estate NJ

Secaucus warehouse owner lands $23 million permanent loan, G.S. Wilcox says – Real Estate NJ

Larken hails completion, lease-up of 120-unit multifamily property in Pohatcong – Real Estate NJ

NAI DiLeo-Bram & Co.: 2 Union County Industrial Sales Total Nearly $5M

PRC enters New Jersey, acquires 150-unit affordable housing complex in Paulsboro – Real Estate NJ

Children’s Hospital of Philadelphia eyes new Hamilton facility after buying ex-theater site – Real Estate NJ