Real Estate New Jersey is part of the Forum LOCAL series of features in Real Estate Forum magazine. This is an HTML version of an article that ran in Real Estate Forum. To see the story in its original format click here.
In what appears to be the most dramatic shift in New Jersey's demographics since World War II, brokers, developers and economists are reporting that the brakes have come on for population growth in the Garden State's suburban areas. What's even more surprising is that population in the urban centers of the state has surpassed that of the traditional bedroom communities, making the urban core a new hotbed of development activity across many sectors.
Leasing is well underway at several luxury multifamily developments on the New Jersey waterfront in Hoboken, Jersey City, Bayonne and Harrison, and others have broken ground recently.
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