$4.15M Deal Sealed For Prime Industrial Flex Property Near Teterboro Airport $4.15M Deal Sealed For Prime Industrial Flex Property Near Teterboro Airport
$4.15M Deal Sealed For Prime Industrial Flex Property Near Teterboro Airport A 14,664-square-foot industrial flex building in Teterboro has sold for $4.15 million, according to a major real estate firm. The property at 50 Hollister Road was sold by 50 Hollister LLC to S Platform Logistics LLC (S-Platform), NAI James E. Hanson announced Tuesday, Feb. 17. The single-story building sits on 0.57 acres within Bergen County’s established business corridor and is zoned light industrial, allowing a wide range of commercial and business uses, the firm said. The property features 17-foot clear ceiling heights, two tailgate loading docks, 25 surface parking spaces, and a fully…
Old South River Car Dealership Slated To Become 854-Unit Storage Facility Old South River Car Dealership Slated To Become 854-Unit Storage Facility
Old South River Car Dealership Slated To Become 854-Unit Storage Facility An 854-unit self-storage facility is coming to Central Jersey, replacing a former used car dealership site in Central New Jersey. JLL Capital Markets announced on Tuesday, Feb. 17, that it has arranged a construction loan for the development of South River Self Storage, a to-be-built facility at 696 Old Bridge Turnpike in South River. The three-story facility is slated for delivery in the first quarter of 2027 and will total 105,487 square feet, according to JLL. The building will offer climate-controlled units averaging 90.7 square feet each, along with 15 exterior access units and 15 park…
Totowa Estate Sells For $3.35M, More Than Double Prior Mark In Record-Crushing Sale Totowa Estate Sells For $3.35M, More Than Double Prior Mark In Record-Crushing Sale
Totowa Estate Sells For $3.35M, More Than Double Prior Mark In Record-Crushing Sale A North Jersey home has shattered its borough's all-time real estate record after closing for $3.35 million. The Tony Nabhan Collective closed the sale of 8 Flintlock Court in Totowa for $3.35 million, more than doubling Totowa’s previous high of $1.53 million set in October 2024 at 77 Liberty Ridge Trail, sales records show. The median sale price of a Totowa home in January 2026 was $753,000, which is a 53.7% increase from the same time last year, according to Redfin. Homes in Totowa are typically selling after 169 days on the market, Redfin reports. The property at 8 Flintlock Ct., known…
Demolition Begins On Historic Hackensack YMCA Where Luxury Apartment Project Will Rise Demolition Begins On Historic Hackensack YMCA Where Luxury Apartment Project Will Rise
Demolition Begins On Historic Hackensack YMCA Where Luxury Apartment Project Will Rise Demolition began Friday, Feb. 13, on the former Hackensack YMCA building at 360 Main Street, marking the end of an era for a landmark that served the city for 90 years. The historic YMCA, where many locals learned to swim before closing in 2022, is being torn down to make way for a 254-unit high-end residential building approved by the City Planning Board in May 2024. Plans for the site include a 6,000-square-foot public plaza as part of what officials described in a news release as a “landmark project.” View this post on Instagram Once f…
$83M Financing Secured For 258-Unit Luxury Rental Project Across From Elizabeth Train Station $83M Financing Secured For 258-Unit Luxury Rental Project Across From Elizabeth Train Station
$83M Financing Secured For 258-Unit Luxury Rental Project Across From Elizabeth Train Station More than $83 million in financing has been secured for a 258-unit luxury apartment development in New Jersey. JLL Capital Markets announced it secured a $63.2 million construction loan from Bank OZK and a $20.15 million mezzanine placement from PGIM for ECCO, a five-story multifamily project at 250 Union St. in Elizabeth. ECCO represents Phase 2 of the broader Vintage City Development, a redevelopment project that received NAIOP’s Mixed-Use Deal of the Year Award in 2025, according to JLL. The project is located directly across from the newly renovated $75 million Elizabeth Train Station …
$4.8M Sale Breaks Upper Saddle River Record, Surpasses Prior $4.75M High $4.8M Sale Breaks Upper Saddle River Record, Surpasses Prior $4.75M High
$4.8M Sale Breaks Upper Saddle River Record, Surpasses Prior $4.75M High A newly constructed luxury estate in Bergen County sold for $4.8 million this week, setting a new record for the highest residential sale in the borough. The Wednesday, Feb. 11 sale of 12 Echo Ridge Road surpassed the previous borough record of $4.75 million, which was set by a home on Barry Lane in September 2024, according to MLS information. In a joint statement, listing agents Taylor Lucyk and Jaimee Rizzo said the milestone was intentional. “Setting a new record in Upper Saddle River wasn’t accidental, it was the result of precise market analysis, strategic positioning, and flawless e…
$296M Secured For 1,880-Unit NJ Apartment Portfolio Spanning 5 Counties $296M Secured For 1,880-Unit NJ Apartment Portfolio Spanning 5 Counties
$296M Secured For 1,880-Unit NJ Apartment Portfolio Spanning 5 Counties A 1,880-unit apartment portfolio across five New Jersey counties has secured $296 million in financing, officials announced Thursday, Feb. 12. JLL Capital Markets announced it arranged the funding for the 13-property multi-housing portfolio through Freddie Mac. The garden-style portfolio includes 1,880 market-rate units across 13 properties located in Middlesex, Somerset, Union, Monmouth and Morris counties. The properties were built between 1959 and 1999 and are primarily legacy-owned assets. The announcement states the garden-style format “offers residents a suburban living experien…
$11.5M Deal To Transform Vacant Clifton Building Into Grocery-Anchored Retail Hub $11.5M Deal To Transform Vacant Clifton Building Into Grocery-Anchored Retail Hub
$11.5M Deal To Transform Vacant Clifton Building Into Grocery-Anchored Retail Hub A long-vacant commercial building along Route 46 in Clifton is set to be transformed into a grocery-anchored retail center following an $11.5 million financing deal, according to JLL Capital Markets. JLL Capital Markets announced it arranged $11.5 million in acquisition financing for 1030-1050 Route 46 in Clifton, a 48,535-square-foot retail center located at the intersection of Route 46 and Route 3, the firm said. JLL secured a three-year, floating-rate loan through Fidelity Investments on behalf of the borrower. The property occupies a 4.3-acre site within one of New Jersey’s most heavil…
Existing-Home Sales Plummet 8.4% In January As Prices Keep Climbing: 'Americans Are Stuck' Existing-Home Sales Plummet 8.4% In January As Prices Keep Climbing: 'Americans Are Stuck'
Existing-Home Sales Plummet 8.4% In January As Prices Keep Climbing: 'Americans Are Stuck' Existing-home sales plunged across the US in January in the latest sign of strain on the nation's real estate market, according to new data. Sales dropped 8.4% from December 2025 to a seasonally adjusted annual rate of 3.91 million in January, the National Association of REALTORS said in a report released on Thursday, Feb. 12. That's also 4.4% lower than January 2025 and the slowest pace since December 2023. The sinking sales coincide with the national median existing-home price reaching a record January high of $396,800. The median was up 0.9% from January 2025, marking the 31st …
Property Taxes Climb Across Bergen County: See Your Town’s 2025 vs. 2024 Average Property Taxes Climb Across Bergen County: See Your Town’s 2025 vs. 2024 Average
Property Taxes Climb Across Bergen County: See Your Town’s 2025 vs. 2024 Average Property taxes went up in most Bergen County towns in 2025, according to newly released figures from New Jersey's Department of Community Affairs. The data reflects the average total residential property taxes paid in each municipality, not including credits or deductions. Several towns saw increases of more than $1,000 year over year. Demarest rose from $24,736 in 2024 to $26,108 in 2025. Tenafly climbed from $23,833 to $25,123. Alpine increased from $22,581 to $23,291. Even in mid-range towns, homeowners are paying hundreds more than they did last year. In Fair Lawn, the average ros…
Netflix Real Estate Mogul Ryan Serhant Opens Saddle River Office Netflix Real Estate Mogul Ryan Serhant Opens Saddle River Office
Netflix Real Estate Mogul Ryan Serhant Opens Saddle River Office The real estate agency founded by Ryan Serhant, star of Netflix’s "Owning Manhattan," has opened a new Bergen County office in Saddle River. The newest location is at 82 E. Allendale Road, Unit 5B, according to Michael Todaro, the branch manager and managing broker for the office. Courtesy of Michael Todaro Netflix Todaro said the Saddle River location is part of Serhant’s broader push to expand into New Jersey, adding to the firm’s growing footprint outside New York City. The company already has a Rockleigh office operated by the Adamo Group.  The New Jersey operations are o…
$3.5M Harrison Estate Offers 8,000 Square Feet, Pool, 2 Acres: Now On Market $3.5M Harrison Estate Offers 8,000 Square Feet, Pool, 2 Acres: Now On Market
$3.5M Harrison Estate Offers 8,000 Square Feet, Pool, 2 Acres: Now On Market A stately Westchester County estate with nearly 8,000 square feet of living space, a resort-style pool, and almost two acres of flat property has hit the market — with a $3.5 million price tag.  The home, located at 64 Pleasant Ridge Road in the Sterling Ridge section of Harrison, is a five-bedroom Colonial set on a 1.89-acre lot. The residence was originally built in 1953 and later rebuilt in 1993, blending classic architecture with modern-scale living, according to its listing by Compass.  A circular driveway leads to the front entrance, opening into a bright, expansive foy…