New York City, NY –October 10th, 2023 – 5 Boro Real Estate Partners, a leading commercial real estate investment and development firm based in New York City, is proud to announce its expansion into the New Jersey real estate market. Known for its creative, opportunistic, and value-oriented approach, 5 Boro has consistently delivered high returns through repositioning, development, and focused management of properties across New York City. This new venture signals the company’s continued growth and diversification, building on its success in New York City to capture opportunities in the neighboring state of New Jersey.
Why New Jersey?
5 Boro Real Estate Partners has identified several compelling reasons to focus on New Jersey’s real estate market, particularly in the residential sector:
Proximity to Major Urban Centers
New Jersey’s close proximity to New York City makes it an attractive option for both renters and buyers. With strong transportation links supporting easy commuting, the state draws those who seek the convenience of city access without the high living costs of NYC.
Strong Demand and Market Stability
The region boasts a stable real estate market fueled by consistent demand and population growth. This dynamic not only supports market stability but also offers opportunities for property value appreciation.
Diverse Real Estate Options
From single-family homes to multi-family units, New Jersey provides a wide range of investment opportunities. This diversity allows investors to cater to various market segments and optimize their portfolio.
Tax Incentives and Favorable Regulations
New Jersey offers attractive property tax relief programs and other incentives, enhancing investment returns and encouraging real estate development.
Quality of Life and Amenities
With its excellent schools, parks, and community amenities, New Jersey appeals to families and long-term residents, creating a robust rental and buyer market.
Potential for Rental Income
Demand for rental properties remains high, particularly among commuters. This presents a steady income stream with competitive rental yields, making New Jersey a favorable investment environment for long-term growth.
What We Are Looking For in New Jersey
5 Boro Real Estate Partners is committed to identifying value-add opportunities where the company can enhance the property’s value through construction, development, or repositioning efforts. The firm primarily targets mixed-use and apartment buildings, which form the core of its existing portfolio, but will also consider single-tenant retail properties and strip centers that align with its investment criteria.
Geographic Focus: The firm is concentrating its efforts on Northern and Central New Jersey but remains open to opportunities throughout the state, contingent on deal size.
Investment Strategy: 5 Boro is focused exclusively on value-add opportunities, seeking properties where strategic investments can significantly increase value.
Asset Focus: Mixed-use properties and apartment buildings are of particular interest, but the company is open to exploring single-tenant retail spaces and strip centers as well.
“We see tremendous potential in the New Jersey market,” said Moahik Regev of 5 Boro Real Estate Partners. “The combination of proximity to New York City, strong market fundamentals, and diverse real estate options makes New Jersey a natural extension of our investment strategy. We are excited to bring our expertise in value-add real estate to this region and look forward to building on our success.”
About 5 Boro Real Estate Partners
5 Boro Real Estate Partners is a full-service commercial real estate investment and development company based in New York City. The company focuses on high-return investment opportunities through strategic repositioning, development, and management of properties. With a primary emphasis on New York City and New Jersey, 5 Boro continues to explore new markets and opportunities that align with its creative, opportunistic approach.
