The Most Comprehensive Source for Commercial Real Estate News in the Region 

By Carlo L. Batts, MAI, Rittenhouse Appraisals and The Reduxx Group Municipal revenue pressures and reassessment cycles are creating hidden costs for portfolio owners. For directors of real estate and corporate portfolio managers who oversee properties across multiple states, 2025 presents a perfect storm of factors that could be inflating property tax obligations. Federal funding cuts under the One Big Beautiful Bill are forcing municipalities to seek new revenue sources, wi

Fischer Court in Toms River sells for $2.475 million Fischer Court in Toms River NEW JERSEY — Michael Lombardi of Horvath & Tremblay has completed the sale of Fischer Court in Toms River. Horvath & Tremblay represented the seller and sourced the buyer to complete the transaction at a sale price of $2.475 million. Fischer Court is located at 1174–1178 Fischer Blvd. in Toms River, within the town’s Woodville neighborhood. The well-maintained plaza, constructed in 1980, features

WCRE 3rd Quarter 2025 Report Wolf Commercial Real Estate (WCRE) has released its Q3 2025 Regional Market Report, covering the Southern New Jersey, Philadelphia, Northern New Jersey, and New York Metro commercial real estate markets. As the market continues to adapt to changing economic dynamics, signs of renewed balance and resilience are emerging. Leasing volumes have normalized, investors are targeting well-positioned assets, and limited new construction is helping many sub

Livingston, NJ — The Kislak Company, Inc. completed the sale of two investment properties in Livingston. The sales included Peachtree Apartments at 1101 Jubilee Court for $4.5 million and a retail center at 25 West Northfield Ave., for $2.065 million. Kislak marketed Peachtree Apartments on an exclusive basis with managing director Matt Weilheimer and senior VP Tom Scatuorchio handling the assignment on behalf of the Joseph Kushner Hebrew Academy. They also procured the purch

Anderson & Miro rep. the borrower and developer, Hiren Ramani of the Ramani Group PLAINFIELD, NJ — Cushman & Wakefield announced that it has secured $60 million in construction financing for The Bishop, a 266-unit multifamily development located at 401 E. 3rd St. in Plainfield. The loan was provided by Invictus Real Estate Partners LLC. Cushman & Wakefield’s Brian Anderson and Eddie Miro represented the borrower and developer, Hiren Ramani of the Ramani Group, in the transact

Axial Partners’ Hudson County portfolio secures rare non-contingent buyer interest 546 Bergen Avenue and 565 Bergen Avenue Jersey City, NJ — Hudson Atlantic Realty has arranged the sale of a two-building multifamily portfolio in Jersey City for $13.8 million, exclusively brokered by Adam Zweibel, president of Hudson Atlantic Realty, on behalf of Abe Weinberg of Axial Partners. The portfolio, located at 546 Bergen Avenue and 565 Bergen Avenue, includes 68 rent-controlled apart

Community-first cannabis brand to build 3,500 s/f dispensary, opening late 2025 Shown from left: Agustin Melendez, Brick City Reconstruction; Andrew Roth, Pink Balloon; Jason Jones, Neptune Twp. Committeeman; Mike Aquino, Pink Balloon; Derel Stroud, Neptune Twp. Committeeman; Tamara Rodriguez, REDCOM; Teri Festa, Pink Balloon; Mayor Robert Lane, Neptune Twp.; Sean Feeney, Joe Lane, and Dale Hull of REDCOM. NEPTUNE, NJ — Pink Balloon and REDCOM Design & Construction celebrated