Klein to Develop 272 Apartments in Metuchen, Bringing New Life to Ex-Factory Site

The Baltimore-based firm, Klein Enterprises, said the project at 212 Durham Ave. is slated to open around fall 2025 after the recent completion of demolition at the property. The former factory site has undergone significant environmental remediation over the past several years in preparation for the new multifamily development, the company said, while it will benefit from what is reportedly Metuchen’s first-ever payment in lieu of taxes agreement.



Advance Set to Unveil 399-Unit Luxury Rental Project in Harrison Redevelopment District

The developer on Wednesday said it has launched preleasing at the five-story building known as The Wyldes, at 1100 South 5th St., with occupancy slated for early July. It hopes to lure renters with nearly 70,000 square feet of indoor and outdoor amenity space and a location that is a short walk from the Harrison PATH station.



April Rent Report: Trenton, NJ, Tops the Most Unaffordable List

Most U.S. cities are unaffordable based on the most recent data available on market rents and median income, with Trenton, New Jersey, replacing Bridgeport, Connecticut, at the top of the “unaffordable” list since the previous month's report.



Perth Amboy Making New Push for Planning, Redevelopment Around Key City Properties

With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.



Iron Ore, AMJ Unveil 120-Unit Luxury Rental Project at Plainfield’s Netherwood Station

Iron Ore Properties has taken the wraps off a new 120-unit apartment building in Plainfield, where residents are steps from both NJ Transit rail service and one of the city’s largest parks.



Concrete Prices Lead Building Material Prices Higher

Ready-mix concrete (RMC) prices continued their historic pace as the index increased 0.8% in February after gaining 0.7% in January (revised). RMC prices have increased in all but two months since January 2021.