The Eider Group at Marcus & Millichap

06/03/2024

Liberty View Office Tower | Call for Offers - June 11th
Cap: 9.94%, Occ.: 89%, SF: 121,694 SF, Acres: 5.10, Stories: 7, Price: $17.1M

Liberty View Office Tower offers an exceptional investment opportunity and unparalleled suburban experience with vibrant retail and dining options. Positioned between PREIT's Cherry Hill Mall and Edgewood's Towne Center at Garden State Park, this location ensures a dynamic work-life balance, making it highly attractive for companies and employees.

Key Features:
* Diverse Tenant Mix: Stable occupancy w/law firms, financial services & medical tenants.
* High NOI & High Occupancy w/upside potential.
* Prime Location.
* Residential new construction projects in the area boost market strength.
* Easy Commute from Center City Philadelphia.
* Ample Parking: 475 spaces.
* High Traffic Count: Over 38k cars/day on Haddonfield Road and 58l on Rt 38.
* Consistent Rent Growth: Annual rent increases.
* Strong Demographics: Over 304k residents w/i a 5-mile radius, average household income over $104,000 within 1-mile.

An exceptional opportunity to invest in a premier office building in a thriving area, with high occupancy & cap rate.
For more details and to submit your offer, contact Chez Eider, Alan Cafiero or Brent Hyldahl

Exclusively Listed... LIBERTY VIEW OFFICE TOWER Exceptional Investment Opportunity! NEW CAP: 9.94% | NEW LEASES SIGNED | PRICE $17,100,000 CALL FOR OFFERS - JUNE 11TH Strategic Positioning & Benefits

05/19/2024

🌟 Get ready to make waves at the 2024 NJAA Conference & Expo in Atlantic City! 🎉

I'll be available to meet:
📅 Tuesday, May 21st (evening) Presidents Reception at Borgata Hotel Casino & Spa
📅 Wednesday, May 22nd Expo Floor at Atlantic City Convention Center
The Eider Group at Marcus & Millichap is bringing the heat! 🔥

With an impressive $300M+ in recent deal activity and available listings, our inventory is stacked with opportunities for both cash-flowing properties and development sites. 🏙️✨

If you're a New Jersey property owner, investor, or a developer attending, let's make it happen! 🤝 email me at [email protected] to lock in your spot for a face-to-face chat!

Thousands of attendees are anticipated to participate, along with hundreds of exhibit booths.

Engage with industry leaders, earn continuing education credits, gain profound insights, and connect with fellow professionals at this premier event with hundreds of exhibitors.

Hear from Eric Boles, former NFL wide receiver, founder and president of The Game Changers and author of “Moving to Great: Unleashing Your Best in Life and Work”.

Don't overlook this unparalleled opportunity to enhance your knowledge, network, and elevate your multifamily housing expertise!

Discover how we can elevate your game in New Jersey's multifamily scene, and get the inside scoop on new properties coming to the market. 🏢💼

See you there, ready to conquer! 👋

'sMeet

04/17/2024

🏙️ 🔥 Introducing Morton Plaza Towers (Land): Your Gateway to Urban Living! 🔥🏙️

🌟 Investment Highlights:

Site Plan Approved for a Stunning 477 Unit Multifamily Development!
Prime Location: Just 0.3 Miles from Transit Station for Ultimate Convenience!
Below Market Asking Buildable Price Per Unit - a Rare Opportunity!
Frontage on JFK Boulevard AND Orient Avenue for Maximum Exposure!
Situated in the Vibrant West Side Neighborhood of Jersey City!

🏗️ Property Details:
Address: 49-51 Morton Place, Jersey City, NJ 07305
Lot Size: 52,907.21 SF
Zoning: Green Villa Redevelopment Plan (Zone C)
Unit Count: 477
Stories: Soaring 16 Stories High!
Residential Sq. Ft.: 379,214 SF
Street Front Retail Sq. Ft.: 2,775 SF (Gross)
Parking Spaces: 164 (0.34 Ratio) - Ensuring Convenience for Residents!

🌆 Why Morton Plaza Towers?
Unparalleled Location: Close Proximity to PATH Stations for Seamless Commutes!
Witness the Development Boom: Join the Thriving Community of West Side, Jersey City!
Growing Demand: Affordable Living Relative to NYC Attracts Residents and Businesses Alike!
Appreciation Potential: Ongoing Development Ensures Property Values Soar!

🎉 Amenities Galore:
2 Pools for Relaxation and Recreation!
Green Roof for a Touch of Nature!
255 Bicycle Spaces Promoting Sustainable Living!
Rooftop Decks for Breathtaking Views!
Indoor Lounge - Perfect for Socializing and Relaxing!
Private Terraces - Your Personal Oasis in the Heart of the City!
3,750 Sq. Ft. Daycare - Catering to the Needs of Modern Families!
Retail Spaces Along Orient Ave. and JFK Blvd. - Adding Convenience to Everyday Life!

🤝 Don't Miss Out on this Investment Opportunity!
Contact Chez Eider, Jonathan Zamora & Jason Petrick at Marcus & Millichap New Jersey TODAY!

🏢

04/10/2024

It's an honor to be included in such an impressive lineup of speakers, at the longest running Real Estate conference in NJ.

Join me as we delve into the multifamily market landscape in New Jersey and explore the intricacies of evaluating multifamily development sites, including impacts from extraordinary site work, fully approved or not, COAH, tax incentives / pilot programs, and the importance of approach in underwriting, among other topics.

Together with fellow esteemed panelists, we'll provide a fresh perspective on the current market environment, shedding light on urban vs. suburban dynamics, and where people are moving to, as well as where office spaces are being built.

Furthermore, we'll discuss how existing assets are performing, with insights on occupancy levels, rental growth, and the impact of cap rates on purchase prices.

Don't miss this insightful discussion on how to get deals done, covering topics such as abatements, buyer groups, sources of capital, and the impacts of financing on investment decisions.

Looking forward to engaging in these crucial conversations and networking with industry professionals!

03/28/2024

Excited for the ReDeal Conference!

Join me on 4/9/24 at The Pinnacle Event for Real Estate Owners, and Investors in the Tri-State area hosted by The ReDeal Conference in Garfield, NJ.

With the the group exclusive listings totaling $420,000,000 in multifamily, office, and land properties, I'm eager to connect with investors and developers to discuss opportunities.

This premier event promises enlightening with insightful and entertaining panels on the topics of:
Navigating shifting debt landscapes to strategies for troubled deals, and will dive into crucial topics shaping the real estate landscape.

Set against the luxurious backdrop of the Venetian Ballroom, this conference offers not only valuable insights but also exceptional networking opportunities.

Let's collaborate, innovate, and elevate our real estate game together!
See you there! 🚀


Shout out to the hosts: Chaim Lefkowitz, Joel Wolh, Marc Schlesinger, Yehuda Susskind, Joel Rosenberg, Yisroel Greenspan, and Powwow Events

03/20/2024

EXCLUSIVE OPPORTUNITY! SKLAR LOFTS | JERSEY CITY

🏙️ Modernized Investment Opportunity, Infused with the Charm of a Former Warehouse, Adjacent to Train in Jersey City 🏙️

Introducing recently renovated apartment-mixed-use gem, Sklar Lofts! This turnkey property boasts a perfect blend of modern amenities and potential for growth. With 1,400 SF of ground-floor retail space and a strategic location just 4 blocks from the Richard Street Light Rail Station, convenience meets opportunity.

🛋️ Strong Unit Mix: Mostly 2-bedroom apartments offer versatile living spaces.
🔑 Turn Key: Renovated and ready for occupancy, ensuring hassle-free ownership.
📈 Upside Potential: Capitalize on under market residential rents with a potential 20% increase, plus the opportunity to convert additional ground floor space into lucrative office or storage units.

Don't miss out on this chance to elevate your investment portfolio in Jersey City's thriving real estate market. Click the link in the comments to access the deal room

For more information, please contact: Chez Eider or Jonathan Zamora

03/19/2024

For more than two decades, I've fostered and nurtured relationships with key stakeholders in the real estate industry.

Every year, I make it a point to attend New Jersey's Builders Convention in Atlantic City, NJ. This event offers a fantastic opportunity to connect with industry owners and developers, paving the way for valuable partnerships.

By staying updated with the latest trends, networking with key players, and gaining insights into market dynamics, I continuously enhance my expertise. This knowledge not only strengthens my relationships within the industry but also adds significant value to the services I provide to my clients, even those who are not able to attend the show.

This year, I'll be at Hard Rock Hotel & Casino Atlantic City on Wednesday, March 20th! If you'll be there too, I'd love to schedule a meeting to discuss potential collaborations.

02/12/2024

EXCLUSIVE DEVELOPMENT OPPORTUNITY!

1160 Route 70, Manchester

🚧 Exclusive Development Opportunity
📍 Manchester, New Jersey
🏢 Commercial | Single/Multi-Tenant Retail | Industrial

Click the link in comments to access the Offering Memorandum

For more information, please contact: Chez Eider or Jason Petrick

The Eider Group at Marcus & Millichap Marcus & Millichap Tri-State Marcus & Millichap

02/01/2024

NEW LISTING!

Parkway Business Centre at Brick Lake

🚧 Exclusive Development Opportunity
📍 Brick, New Jersey
❌ Flex Industrial | Single/Multi-Tenant Retail | Medical | Office

Click the link in comments to access the Offering Memorandum

For more information, please contact: Chez Eider or Jason Petrick

The Eider Group at Marcus & Millichap Marcus & Millichap Tri-State Marcus & Millichap

01/30/2024

NEW LISTING!

Executive Plaza - 95K SF - Mount Laurel, NJ (8.60% Cap)

Click the link in comments to access the Offering Memorandum

For more information, please contact: Chez Eider, Alan Cafiero or Brent Hyldahl

The Eider Group at Marcus & Millichap Cafiero Team Marcus & Millichap Tri-State Marcus & Millichap

01/29/2024

NEW LISTING!

Republic Bank Ground Lease (Pad to LibertyView) (6.00% Cap)

Click the link in comments to access the Offering Memorandum

For more information, please contact: Chez Eider, Alan Cafiero or Brent Hyldahl

The Eider Group at Marcus & Millichap Cafiero Team Marcus & Millichap Tri-State Marcus & Millichap

01/25/2024

Approved Flex Warehouse positioned at the corner of County Route 537 and Meirs Rd in Cream Ridge, NJ

Click the link in comments to access the Offering Memorandum

For more information, please contact: Chez Eider or Jason Petrick

The Eider Group of Marcus & Millichap Marcus & Millichap Tri-State Marcus & Millichap