Real Estate News

The basics: Gov. Mikie Sherrill proposes a $60.7B FY 2027 New Jersey budget Plan targets structural deficit reduction and fiscal discipline Corporate tax changes and employer health fee draw scrutiny Legislature begins hearings ahead of June 30 budget deadline Gov. Mikie Sherrill delivered the most consequential moment of her nascent administration last week, unveiling a [...]

The basics: Eric LeGrand expanding LeGrand Coffee House with second location New café set to open in Middletown‘s Kings Commons shopping center Expansion follows strong growth at flagship Woodbridge location Partnership with Monmouth County family sparked project Eric LeGrand isn’t slowing down. Following a milestone 2025 marked by a Rutgers-branded bourbon launch and continued growth at [...]

Inside: Our special report on commercial real estate; Gov. Mikie Sherrill unveils a $60.7 billion spending blueprint that drew cautious praise; Eric LeGrand expands his brand again with a new coffee shop; and much more! Click on the cover at left to read the issue as it appears in print. A list [...]

The basics: NAIOP New Jersey one year into four-year strategic plan for CRE industry Focus includes advocacy, workforce development and public outreach Leadership aims to strengthen ties with higher education Plan seeks to position NAIOP as voice for all CRE asset classes NAIOP, the Commercial Real Estate Development Association – NJ Chapter represents developers, investors [...]

The basics: Author says a cap on Aspire tax credits could stall NJ projects Developers say program is key to financing housing and redevelopment Rising construction costs and interest rates widen project gaps Writer urges Legislature to expand or remove Aspire cap For the first time since the Legislature created the Aspire Tax Credit Program [...]

The basics: Opinion: Kimberly-Clark–Kenvue merger analyzed through antitrust lens Companies operate in complementary consumer health segments Deal projected to generate about $2B in annual cost savings Merger could strengthen New Jersey’s consumer health innovation hub As merger activity begins to rebound after a prolonged slowdown, regulators and the public are once again debating what makes [...]

A collection of your photos from the fun, fruitful, charitable, honorable and miscellaneous happenings in the New Jersey business community. The post Pic Page: March 16, 2026 appeared first on NJBIZ. [...]

A look at recent commercial real estate deals around New Jersey: Multifamily The Kislak Co. Inc. arranged an all-cash 1031 exchange for an 18-unit luxury residential building located at 1209 26th St. in North Bergen, Hudson County, for $6.8 million. Senior Vice President Davis Briones marketed the property exclusively on behalf of [...]

The basics: Woodmont Properties invests nearly $3M upgrading more than 10 communities over past two years Improvements include package systems, WFH spaces and outdoor amenities Portfolio occupancy remains strong at 96%–98% Company pipeline includes nearly 3,400 apartments across the region Many multifamily properties fix problems when they arise, as one might expect. Fairfield-based Woodmont Properties [...]

Uncle Giuseppe’s Marketplace is celebrating Saint Joseph’s Day by offering free pastries to customers who share the same name as the holiday’s patron saint. The promotion will take place March 19. Under the deal, the Italian specialty grocery chain will give one free pastry to shoppers named Joseph, Josephine, Josie, Josette, [...]