Last updated on May 22nd, 2024 at 05:19 am
Newark is desirable because of its proximity to Manhattan. Its relative affordability makes it an attractive prospect for renters who want to work and play in the Big Apple.
We have gathered a list of the best multifamily contractors in Newark, New Jersey to help developers and property managers find the right partner. We chose these contractors for their skill, expertise, and reputation.
The Michaels Organization
2 Cooper Street, Camden, NJ 08102
The Michaels Organization “handcrafts solutions to housing challenges.” As a leader in multifamily contracting, the company excels in pre-construction, construction, finance, and property management. It strives to build “communities that lift lives” through quality projects that provide long-term value to residents and investors. Some of the company’s projects have been LEED, Enterprise Green Communities, and Green Globes certified.
The company has built townhomes, apartments, student housing, and affordable housing across the United States. Its multifamily projects typically feature amenities like multipurpose rooms, computer learning centers, and laundry facilities. Known for market-rate housing, it is the go-to contractor for developers and investors in the Newark area.
Its projects include Mill Creek Gardens, which stands at the former site of Montgomery Gardens/Catherine Todd. The multifamily development features four low-rise buildings and 126 apartments, 26 of which are public housing. The project had a total contract value of $45.1 million.
The National Association of Home Builders (NAHB) named the Michaels Organization the Multifamily Development Firm of the Year for 2020 and
Property Management Firm of the Year for 2019. The company has been featured in Tapinto, Multihousing News, and Yahoo Finance. It is affiliated with the Builders League of South Jersey and the Housing Association of Nonprofit Developers (HAND).
Founder and Chairman Michael J. Levitt has more than 48 years of industry experience. Michael is a 2012 inductee into the Affordable Housing Hall of Fame. He established the company in 1973.
March Associates Construction
601 Hamburg Turnpike, Suite 300, Wayne, NJ 07470
March Construction delivers quality projects in complex environments. As New Jersey’s premier contractor, the company has managed over $3 billion of commercial projects in the Northeast. It offers planning, design, and construction services. Specializing in multi-residential and mixed-use projects, the company consistently completes projects on time and within budget. The firm produces LEED-certified buildings to save energy and reduce waste in multi-family buildings.
The company is affiliated with the U.S. Green Building Council (USGBC), the Hudson County Chamber of Commerce, and the North Jersey Regional Chamber of Commerce. The members of the staff are also members of the International Council of Shopping Centers and the North Jersey Regional Chamber of Commerce.
Its projects include the Springfield Ave Residential Complex in Newark. The four-story development features 154 units and stands over one story on a concrete podium. The development is part of the Springfield Avenue Marketplace, which has five pad sites and three tenant fit-outs. Construction was completed over 15 months.
March Construction landed a spot in Engineering News Record’s 2020.
Top 400 contractors nationwide. The company has been featured in NJ Biz, Re NJ, and My Central Jersey. President Louis March, Jr. has more than 25 years of industry experience. Louis is affiliated with the International Council of Shopping Centers and the North Jersey Regional Chamber of Commerce. From initial client contact to project completion, he oversees all aspects of business operations.
Ingerman
5 Powell Lane, Collingswood, NJ 08108
Ingerman Construction guides clients through the regulation and paperwork that come with the building process. An esteemed general contractor and property manager, the company serves clients throughout the Mid-Atlantic region. It has worked on more than 100 projects with over 8,400 units and total development costs of $1.4 billion.
The company specializes in apartment buildings, rehab housing, affordable housing, and community housing. Its projects include The Willows at Lincoln Park, a 66-unit affordable rental community in Newark. It features one-, two-, and three-bedroom apartments spread across four buildings. These apartments have spacious floor plans along with patios and balconies. The development was designed as part of an urban eco-village.
Ingerman Construction received the 2021 Preservation Achievement Award from Preservation Alliance for Greater Philadelphia. It also won the Silver Award at the Pennsylvania Apartment Association’s (PAA) Best of Apartment Living Awards. The company has been featured in NJ Pen and My Central Jersey.
President and CEO Brad Ingerman has more than 33 years of industry experience. Brad was a principal of Ascott Investment Corporation. He lectures on affordable housing finance and development. He established Ingerman Construction in 1988.
Blackstone 360
570 Broad Street, Newark, NJ 07102
Blackstone 360 (B360) is dedicated to building transformative multifamily properties in Newark and the surrounding area. Specializing in general contracting and real estate development, the company is known for luxury residences in untapped markets. The “360” in B360 refers to the firm’s holistic approach to development, design, construction, and property management. It presently owns and manages numerous Class A high-rise luxury apartment buildings.
Since its founding in 1996, the company has completed projects ranging from institutional new construction to high-end interior fit-outs. It has managed projects totaling over $300 million. Its property management staff includes a marketing team, a leasing manager, a property manager, and a multi-skilled workmen crew.
Its projects include Indigo 141, a 12-story restored art deco building in East Orange. The development features 105 apartments with in-unit washers and dryers. It also has luxury amenities like 24-hour doormen, gated entry and parking, security, and a basement lounge and gym.
B360 received the 2020 Annual Commercial Real Estate Award from NAIOP, the Commercial Real Estate Development Association, NJ. The company has been featured in NJ Biz and Re NJ.
Founder and CEO S. Airaj Hasan has more than 40 years of experience in commercial real estate and construction. B360 has grown its portfolio to more than 800 multi-family units and 40,000 square feet of retail space under his leadership. The company was established in 1996.
