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$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
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…
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.…
$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…
Husband-Wife Power Couple Just Unseated Incumbents In Small NJ Town
Gregory and Charlyn Martin are officially Carneys Point’s new power couple.
The husband-and-wife team defeated incumbents Wayne D. Pelura and Michelle M. Shaw in the Tuesday, Nov. 4 Carneys Point Township Committee election in Salem County.
Gregory Martin, a truck driver and longtime youth football coach, led with 1,269 votes (25.9%), followed closely by Charlyn Martin, a former Penns Grove councilwoman, with 1,247 votes (25.45%), election data shows. Pelura and Shaw trailed with 1,212 (24.74%) and 1,166 (23.8%) votes, respectively.
The Martins ran under the banner Citizens for Martin &…
$5.27M Home Sale Breaks Records For This NJ Town
A North Jersey home has made real estate history, selling for $5.275 million, the highest residential sale ever recorded in town, real estate agents said.
The property, located at 128 Woodland Ave., in Westfield, was represented by Sandra Bliwise and Megan Brown of The Highland Group from Christie’s Westfield office. The buyer was represented by Alyssa Stanek, Realtor-Associate with Corcoran Sawyer Smith, the firm said.
The sale surpasses the previous record of $4 million, set in January 2025 by the off-market sale of 216 Watchung Fork, and the 2021 sale of 8 Kimball Circle for $4.28 millio…