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REAL ESTATE
See all homes sold in Morris County, June 24 to June 30
The following is a listing of all home transfers in Morris County reported from June 24 to June 30. There were 159 transactions posted during this time. During this period, the median sale for the area was a 2,577-square-foot home on River Road in Montville that sold for $675,000. Budd...
Million-Dollar Listing: $1M Montclair Mansion Has Private Balcony, Gardens With Gazebo
The Colonial home at 5 Franklin Pl. has 5 bedrooms, 5 bathrooms, and is "20 years young," reads the listing. Represented by Elizabeth Morris & Vikram Vasisht of The Liz + Vikram Team, the house introduces itself with a circular driveway, and has a main level with a double height foyer.
Eight Homes Proposed for Former Mega Mansion ‘Lloyd Estate’
There was a previous plan to build a 60,000 square foot mega mansion in Montclair that would be bigger than the White House. Now, a new plan for the 5.48 acre site situated on Undercliff and Lloyd Roads along Eagle Rock Reservation proposes something different – eight new homes.
Community Builders hosts launch party with who’s who of Morristown, North Jersey real estate (SLIDESHOW)
Community Builders NJ Inc. on June 13 hosted more than 150 commercial real estate leaders for a company launch party at the Columbus Club in Morristown. — Photos courtesy: Community Builders. Community Builders NJ Inc., a Morristown-based construction and facility management firm, has officially opened its doors with a...
PEEK launches leasing at 99-unit second phase of Orange Crossing project
Summit Orange Crossing at 49 South Day St. in Orange — Courtesy: PEEK Properties. Leasing is underway at PEEK Properties’ newest multifamily project in Orange, a 99-unit midrise property just north of Interstate 280 and two blocks from NJ Transit rail service. The building, located at 49 South...
See all homes sold in Essex County, June 24 to June 30
The following is a listing of all home transfers in Essex County reported from June 24 to June 30. There were 354 transactions posted during this time. During this period, the median sale for the area was a 1,531-square-foot home on Hawthorne Avenue in Glen Ridge that sold for $625,000.
4-story apartment building OK’d
The Sparta Planning Board approved a four-story, 40-unit apartment building at 53A Sparta Ave., behind Burger King, at its meeting June 19. Robert McNerney, who described the project on behalf of owner Fluss Holdings throughout the application process, told the board in January that the project will have mostly two-bedroom units along with some one-bedroom and three-bedroom units.
Spotlight on Hudson Atlantic's Trailblazing Young Professionals
What is your most notable project, deal, or transaction?. My most notable deal closed was a 26-unit, newer construction deal located in Madison, NJ called Tudor House. The deal closed in December of 2022 at an impressive $14.7m, which was a record breaking $565,000/unit. We were able to sign up and close this deal within three months, despite a tough market, and aggressive asking price. The utilization of 1031 money enabled us to exceed expectations on price, and offer tremendous value to our clients on both ends of the deal.
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