The three-story, 31-unit multifamily property adjacent to the Journal Square transportation hub is in the midst of significant development in the area - and more is expected.
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Latest Headlines
Murphy ‘optimistic’ about cannabis deal despite breakdown in talks
The governor, however, did stress that the legalization bill, which would allow adult-use marijuana for anyone in New Jersey over the age of 21, cannot be crafted in a way that would put it in the hands of anyone under that age.
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Lawmakers try again on bill expanding outdoor dining
If signed, Senate Bill 3340 would allow restaurants, bars, breweries, distilleries and other food and alcohol establishments that have taken a hit during the pandemic to extend their footprint outdoors and sell food and alcohol out of spaces such as patios, sidewalks, decks, yards and parking lots.
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Striker signs exclusive deal to lease up and manage sizable new development in Newark
The mixed-use development contains 84 residential units and three commercial spaces in one of Essex county’s most desirable districts.
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$92.5M multifamily sale completed by Marcus & Millichap in Northern New Jersey
Two multifamily portfolios totaling 24 properties and 702 units in the Essex County towns of East Orange and Irvington sold for one of the largest 2020 New Jersey multifamily sales.
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University Hospital Center for Advanced Liver Diseases and Transplantation has best one-year survival rate nationwide
The liver transplant center opened in 1989 as the first in the state and is now one of 61 such centers nationally. Physicians at the center have performed more than 1,500 liver transplant surgeries, including over 80 transplants in the last two years alone.
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Despite no tunnel, feds commit $766M toward long-stalled Portal Bridge
The agreement received final approval on Jan. 11 after years of delaying funding or approval for both the bridge and the monumentally larger Hudson River tunnel replacement.
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Rutgers–Camden receives largest gift ever to create program for high-achieving students
An anonymous faculty member donated $3.5 million to the university to create the Rayman L. Solomon Scholars program in honor of the law school's former dean.
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HelloFresh opens distribution center in Totowa
This is the company's third center in New Jersey across its HelloFresh, EveryPlate, and Green Chef banners, after locations in Newark and Swedesboro opened.
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NJ experiencing post-holiday COVID spike
“We had anticipated an increase in positive tests coming out of the holidays, and it is safe to say that we are now experiencing that increase,” Gov. Phil Murphy said during a Jan. 11 COVID-19 press conference. “This is likely from indoor gatherings where neither social distancing nor wearing a facemask were adhered to.”
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Murphy, officials look toward quicker vaccine rollout under Biden
The vaccination process is a key component of getting the COVID-19 pandemic under control and lifting the myriad of business restrictions put in place to halt the spread of the virus, which has entered the second wave both in New Jersey and across the nation.
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JLL Capital Markets secures $88M in acquisition financing for Avalon Somerset
The joint venture between Harbor Group International and Azure Partners acquired the funds for the luxury community comprised of 384 studio, one-, two- and three-bedroom apartments and townhomes.
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