Randolph
Real Estate
Lehigh Valley developer David Jaindl bought 600 acres of farmland for $11 million to build warehouses. He just sold the land for $27 million.
Lehigh Valley developer David Jaindl has officially handed nearly 600 acres of farmland in Warren County, New Jersey, over for preservation, ending years of residents’ push against plans for large-scale warehouses. Jaindl declined to disclose the sale price, but the New Jersey Agriculture Department said Thursday it is paying $27.2 million for the property, which sits off a state route in ...
Newly built manufacturing and warehouse building in Branchburg sells for $65 million
BRANCHBURG – A manufacturing and warehouse building recently built on property that was once the Somerville Drive-In and the Golf Range at Branchburg has been sold for $65 million. Transwestern Development Company, of Houston, sold the 331,040-square-foot warehouse on eastbound Route 22 to Abaline Supply Company for $65,310,000, according...
Do starter homes still exist? According to North Jersey realtors, the answer isn't so clear
Once upon a time, first-time buyers entered the housing market under the notion that they'd be looking for a "starter home": A smaller, more affordable property to hold them over until they can eventually buy their dream home that better suits their family. But, does the concept of a "starter...
Berkeley Crossing Unveils Luxury Living in Berkeley Heights
BERKELEY HEIGHTS, NJ - Berkeley Crossing, the highly anticipated luxury apartment complex in Berkeley Heights, celebrated its grand opening with a joyous ribbon-cutting ceremony. Leading the event were Elite Properties partners Michael Checchio, David Checchio, Amerigo Checchio, and Tom Powers, joined by Mayor Angie Devanney, Councilman Manny Couto, and Councilwoman Margaret Illis. The occasion was further marked by a blessing from Father JC Merino of the Church of the Little Flower, adding a touch of divine grace to the newly unveiled building. The 53-unit complex, in the heart of Downtown Berkeley Heights, unveiled its opulent living spaces to...
Nine most expensive homes sold in the Irvington area, April 22 - May 12
A house in Irvington that sold for $425,000 tops the list of the most expensive residential real estate sales in Irvington area between Apr 22 and May 12. In total, 10 residential real estate sales were recorded in the area during the past three weeks, with an average price of $326,200, or $263 per square foot.
197-acre former AT&T campus in Somerset County is on the market
BEDMINSTER – MetLife has hired a global real estate firm "to lead the repositioning" of its 197-acre office complex that was the former home of AT&T and is now known as Bedminster Technology Center. JLL, in a press release, announced on Monday that it is marketing the property on...
Affordable housing projects put Millburn's downtown community in jeopardy
An affordable housing plan is threatening Millburn township by contributing to its biggest weakness — congestion. Currently the affluent township of Millburn is facing a large controversy over an affordable housing agreement that the township agreed to in 2021, but the current leadership does not want. It aims to add 75 new apartment units to the vibrant downtown area. While there are a group of local residents who seem to have a problem with the affordable housing part of the project, I am not one of them. However, the location of this project is the issue and contributes to the larger problem of congestion plaguing Millburn Avenue.
Borough Steps in to Pay Outstanding Mortgage and Fix Elizabeth Barabash Manor
NEW PROVIDENCE, NJ – The Borough Council approved two resolutions regarding the Elizabeth Barabash Manor. The first approved resolution authorizes the borough to pay the outstanding defaulted mortgage on the building and the second is to approve the needed upgrade projects for the building. Councilwoman Nadine Geoffroy gave some background information regarding the facility which is a 100% affordable age restricted development consisting of 22 low-income rental units. The Church Coalition for New Providence Affordable Housing Corporation constructed a building on borough owned land in accordance with a lease with the borough in the 1990’s and obtained...
Lakefront home on private island in Sparta listed for $4.35M
What could be better than a secluded lakefront home in one of New Jersey's largest lake communities? One that is also situated on a private island with an acre of property. Currently listed for $4.35 million, the five-bedroom, six-bathroom home at 41 Island Trail in Sparta was listed by Christine Dehnel of RE/MAX Platinum Group in March. The property is just one of 24 homes on the private Manitou Island of Lake Mohawk.
See homes sold in the Union Township area, May 6 to May 12
The following is a listing of all home transfers in the Union Township area reported from May 6 to May 12. There were 4 transactions posted during this time. During this period, the median sale for the area was a 1,908-square-foot home on Copper Hill Drive in Union that sold for $645,000.
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