$27M Financing Secured For Massive Warehouse Along Route 287 $27M Financing Secured For Massive Warehouse Along Route 287
$27M Financing Secured For Massive Warehouse Along Route 287 A 147,620-square-foot warehouse in Central Jersey has secured $27.1 million in bridge financing. The deal was announced Tuesday, Nov. 18, by according to JLL Capital Markets. JLL said it arranged the financing for Bridge Point Piscataway, a Class A warehouse at 10 Constitution Ave., in Piscataway. JLL worked on behalf of the borrower, Bridge Industrial, and secured the loan through PPM America, Inc., the firm said. The facility includes 36-foot clear ceiling heights, 41 dock-high doors, two drive-in doors, 118 car parking spaces, 57 trailer stalls, and 3,000 square feet of office spac…
$6M Mega-Estate With Its Own Golf Course Is Most Expensive Home Ever Sold In This NJ Town $6M Mega-Estate With Its Own Golf Course Is Most Expensive Home Ever Sold In This NJ Town
$6M Mega-Estate With Its Own Golf Course Is Most Expensive Home Ever Sold In This NJ Town A 23-acre luxury compound known as “Mattaccino” has officially become the most expensive home ever sold in one New Jersey town, closing this week for $6 million. Located at 1980 Campbell Road in Wall Township, the 30,000-square-foot estate was represented by Sal Ventre of REAL Brokerage and sold after drawing national attention for its massive footprint and resort-style amenities. "We coined it as a 'residential resort,' because that's truly what it is," Ventre said. "From a nightclub to arcades, four to five different bars, a massage spa, saunas, a theater, racquetball court, four-hole gol…
$8.7M NJ Industrial Site Sells In Fiercely Competitive Bidding War $8.7M NJ Industrial Site Sells In Fiercely Competitive Bidding War
$8.7M NJ Industrial Site Sells In Fiercely Competitive Bidding War A highly sought-after industrial property in North Jersey has sold for $8.74 million, following intense competition among buyers, commercial brokers said. The 3.35-acre site, located at 8 Evans St., in Fairfield, includes a 28,000-square-foot warehouse and valuable industrial outdoor storage, according to NAI James E. Hanson. The property sits just off Route 46 with direct access to Interstates 80 and 280, making it one of the most functional industrial offerings in the Fairfield submarket, the firm said. “Our client was in a strong position given the unique utility and location of the asse…
Iconic Jersey Shore Motel Reborn As Beach Block Condos Iconic Jersey Shore Motel Reborn As Beach Block Condos
Iconic Jersey Shore Motel Reborn As Beach Block Condos One of North Wildwood’s most recognizable motels has been reborn as a beach-block condo complex, offering buyers a chance to own a piece of Wildwoods history. The former Panoramic Motel and Apartments, open since 1965, has been reimagined as The Beach House of North Wildwood Condominiums, according to the real estate listing. The conversion includes 13 one-bedroom units, priced between $299,777 and $314,777, with direct access to the Wildwood Boardwalk and beach — “with no streets to cross,” the listing says. The Beach House Condominiums of North Wildwood. Timothy Fleming L…
Hackensack Affordable Housing Deal Moves Forward With Sale Of Property Near Courthouse Hackensack Affordable Housing Deal Moves Forward With Sale Of Property Near Courthouse
Hackensack Affordable Housing Deal Moves Forward With Sale Of Property Near Courthouse A prime Hudson Street development site in Hackensack has been sold to the Housing Development Corp. of Bergen County for an affordable housing project, the real estate firm said in a news release. NAI James E. Hanson announced the deal for 147-153 Hudson St. The property was listed for $2.9 million, however, the price of the sale was not been made public. Vice President Anthony J. Cassano is representing both the buyer and seller. The two-building, 12,589-square-foot property sits steps from the Bergen County Courthouse and includes 25 on-site parking spaces, 8- to 10-foot ceiling heights,…
Bergen County Apartment Complex Sells To Investors For First Time In 65 Years Bergen County Apartment Complex Sells To Investors For First Time In 65 Years
Bergen County Apartment Complex Sells To Investors For First Time In 65 Years A 32-unit apartment complex in Bergen County is changing hands for the first time in 65 years. Sage Investment Real Estate Advisors brokered the sale of Madison Apartments in Dumont, the four-building property at 186-192 Madison Avenue. Co-founders Steve Tragash and Greg Pine represented the longtime owner, Stayce Arms LLC, and brought in the buyer, NWestates LLC, a private group scooping up multifamily assets across North Jersey. The sale price wasn’t disclosed. Built in 1960 and never before sold, Madison Apartments includes four two-story brick buildings packed with one- and two-bedroom …
Step Inside 17th-Century Dutch Townhouse That Crossed The Atlantic To NYC — Price: $8M Step Inside 17th-Century Dutch Townhouse That Crossed The Atlantic To NYC — Price: $8M
Step Inside 17th-Century Dutch Townhouse That Crossed The Atlantic To NYC — Price: $8M It was built in 17th-century Europe, disassembled and shipped across the Atlantic, then rebuilt, torn down, and rebuilt again across town. Welcome to the most well-traveled townhouse in Manhattan. Now settled in Gramercy Park — and priced at just under $8 million— the Joseph B. Thomas House at 135 East 19th Street boasts nearly 7,000 square feet, complete with Gothic flourishes, stained glass, and sunlit interiors. The six-bedroom, six-bath home has been viewed more than 21,000 times on Zillow and lingered on the market for over 100 days. Far from your typical Manhattan pad, the home’s sto…
Foreclosures Skyrocket 20% As Trump Floats 50-Year Mortgages Foreclosures Skyrocket 20% As Trump Floats 50-Year Mortgages
Foreclosures Skyrocket 20% As Trump Floats 50-Year Mortgages Foreclosures surged in October, according to new data released as President Donald Trump proposes 50-year mortgages to solve the housing affordability crisis. New starts on foreclosures jumped 20% year-over-year in October, real estate analytics firm ATTOM said on Thursday, Nov. 13. The data counted 36,766 properties with foreclosure filings, a 3% rise from September and the eighth straight month of annual increases. ATTOM CEO Rob Barber said while foreclosures remain below historic highs during the subprime mortgage crisis of the late 2000s, homeowners continue to face a tou…
423-Unit Luxury Apartment Building Sold In Major North Jersey Real Estate Deal 423-Unit Luxury Apartment Building Sold In Major North Jersey Real Estate Deal
423-Unit Luxury Apartment Building Sold In Major North Jersey Real Estate Deal A real estate company has acquired a brand-new 423-unit luxury apartment building in North Jersey in a major deal. Sentinel Real Estate announced that it acquired Stonehill at West Orange, which is comprised of three, mid-rise buildings with one-, two- and three-bedroom units, the company said. The project was completed in 2024. The 423 apartments offer nine- to ten-foot ceilings, luxury plank flooring, stainless steel appliances, quartz countertops, Shaker cabinetry, solar window shades, large bathrooms with dual vanities, modular closets and in-unit washer and dryers, officials said.…
Trump’s NYC Childhood Home Hits Market At $2.3M After Major Makeover Trump’s NYC Childhood Home Hits Market At $2.3M After Major Makeover
Trump’s NYC Childhood Home Hits Market At $2.3M After Major Makeover A Tudor-style Queens home once occupied by a very young Donald Trump is back on the market — and this time, it’s looking a whole lot shinier. The five-bedroom Jamaica Estates property, located at 85-15 Wareham Place, was listed Friday, Nov. 7, for $2.3 million, according to Brown Harris Stevens. Built in 1940 by Fred Trump, the house served as the family’s first foothold in the Queens enclave before they upgraded to a larger home nearby. The president lived here until age 4 — long before gold-plated penthouses became part of his personal brand. What stands today is a carefully restored, 3…
Historic NJ Pudding Factory Reborn As Luxury Lofts With Rooftop Pool Historic NJ Pudding Factory Reborn As Luxury Lofts With Rooftop Pool
Historic NJ Pudding Factory Reborn As Luxury Lofts With Rooftop Pool A former pudding and baking powder factory in New Jersey has been transformed into a collection of luxury condominiums starting at $795,000, developers announced. Sales have officially launched at Southend Lofts, a 110-unit residential development at 38 Jackson St., in Hoboken, located just across the Hudson River from Manhattan. Developed by The Taurasi Group and marketed by Brown Harris Stevens Development Marketing NJ, the project is nearing completion with initial occupancy expected this winter. The property reimagines the former Davis Baking Powder and My-T-Fine Pudding factory into a …
$15.4M Loan Secured For NJ Luxury Apartment Complex Barely 1 Year Old $15.4M Loan Secured For NJ Luxury Apartment Complex Barely 1 Year Old
$15.4M Loan Secured For NJ Luxury Apartment Complex Barely 1 Year Old A newly built luxury apartment community in North Jersey has secured $15.4 million in refinancing, JLL Capital Markets announced. The property, known as The Clair, is a 40-unit Class A residential building located at 37 Orange Road in Montclair, within walking distance of the Bay Street and Walnut Street NJ Transit stations. JLL represented the borrower, Hampshire Real Estate Companies, in arranging a five-year, fixed-rate loan through National Life Group, officials said. Built in 2024, The Clair features studio, one-, two-, and three-bedroom apartments, including four affordable units. Ea…