Matthews™ Lists 53-Story Luxury Mixed-Use Development in New Jersey

JERSEY CITY, NJ— Matthews™, a commercial real estate investment services and technology firm, recently listed a premier high-rise residential development located at 900 Broad Street in Newark, New Jersey. The asset, exclusively listed by Matthews™ First Vice President & Director David Ferber and Associate Brendan Cina, is currently the largest multifamily development on the market in Newark.

 

The 53-story, 490-unit mixed-use tower features luxury residential units, a 44-key hotel, an extensive amenity package, and 178 above-ground parking spots. The site is designed and eligible for the ASPIRE Program, enabling developers to pursue significant tax credits that can be applied to the project, further strengthening feasibility and execution in a high-impact, transit-oriented downtown location.

 

“This is a rare opportunity for a developer to make a defining entrance at true high-rise scale in one of the most rapidly transforming urban cores in the Northeast,” Ferber said. “Our technology and AI help us identify qualified buyers early and connect them with an opportunity to capitalize on favorable zoning, dense surrounding development, and strong government support for high-density residential expansion.”

 

Downtown Newark continues to evolve into a major live-work-play hub, anchored by institutions, transit access, and new development. Positioned minutes from Prudential Center and Newark Penn Station, the transit-oriented location provides multimodal connectivity to Manhattan, Jersey City, and the greater New Jersey employment base.

 

For more information, please contact David Ferber and Brendan Cina or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.