Newmark Associates

Newmark Associates CRE Tops $55 Million in 2026 Transactions, Signals Strong Finish to the Year

Women-owned Morris County brokerage completes major sales and leases across office, industrial, flex, medical, retail, and mixed-use properties

CEDAR KNOLLS, N.J. — Newmark Associates CRE, a women-owned commercial real estate brokerage headquartered in Cedar Knolls, has completed over 170 transactions worth more than $55 million through September 2026. The activity spans nearly every major property type, from a $7 million mixed-use sale in Ocean County to a 20,000 SF industrial lease in Morris County.

The firm’s agents closed 21 sales totaling more than $26 million and signed 149 leases covering more than 300,500 square feet. With a healthy pipeline heading into the fourth quarter, Newmark expects to close out 2026 on a strong note.

Notable 2026 Sales

3324 Route 37 East, Toms River — $7,000,000 mixed-use sale, brokered by John Sica.
629 Parsippany Road, Parsippany — $5,000,000 office sale, brokered by Nancy Tuckman.
16 Microlab Road, Livingston — $3,950,000 flex sale, brokered by Helene Elbaum.
560 Main Street, Chatham — $1,735,000 office sale, brokered by Helene Elbaum.
7 Franklin Avenue, Harrison — $1,615,000 multifamily sale, brokered by Dennis Giammetta and David Yoon.
256-262 E. Blackwell Street, Dover — $1,200,000 retail sale, brokered by Lori Altman and Marjorie Dorne Murphy.

Notable 2026 Leases

90 Bartley Road, Flanders — 14,700 SF retail lease, brokered by Helene Elbaum.
17 West Street, East Hanover — 20,000 SF flex lease, brokered by Deborah Myers.
240 Cedar Knolls Road, Cedar Knolls – 15,500 combined SF office leases brokered by Deborah Myers and Helene Elbaum.
101 Clinton Road, Fairfield – 10,300 SF flex lease, brokered by Nancy Tuckman.
321 Changebridge Road, Pine Brook — 11,300 SF industrial lease, brokered by Michael Taccetta.
90 Millburn Avenue, Millburn – 5,000 SF medical leases, brokered by Jeannette Melillo.

A Market Built on Fundamentals

Newmark’s 2026 activity tracks with broader strength in New Jersey’s commercial real estate market. The firm’s industrial and flex leases in Pine Brook, Fairfield and East Hanover reflect steady demand from small and mid-sized users seeking well-located space near Routes 46, 80 and 287.

The office market is showing signs of recovery as well. The $5 million sale of 629 Parsippany Road, the $1.7 million sale of 560 Main Street in Chatham and new office leases in Cedar Knolls show that well-positioned suburban office assets continue to attract buyers and tenants.

Healthcare and neighborhood retail remain among the most resilient segments. The 14,676-square-foot retail lease at 90 Bartley Road in Flanders, along with the medical leases at 90 Millburn Avenue, reflect that demand. At the Shore, the $7 million sale of 3324 Route 37 East underscores investor appetite for mixed-use properties in growing Ocean County markets.

Looking Ahead

“Our agents are having a robust year, and these results reflect the depth of experience and relationships they bring to every assignment,” said Nancy Glick, Chief Operating Officer of Newmark Associates CRE. “Whether it’s a 5,000-square-foot medical suite or a $7 million investment sale, our clients get the same level of attention and market knowledge. We have strong momentum and an active pipeline going into the fourth quarter, and we expect to finish 2026 on a high note.”

Newmark continues to represent owners, investors and tenants across Northern New Jersey, Ocean and Monmouth Counties and beyond, with active assignments in office, industrial, retail, healthcare and hospitality properties.

Newmark Associates, CRE, located in Cedar Knolls, New Jersey, is certified as a woman-owned business by the Women’s Business Enterprise National Council. Celebrating 40 years in the commercial real estate industry as one of the top brokerage companies in the state, Newmark Associates has been recognized repeatedly with awards by both NJBIZ magazine, and the CoStar Commercial Real Estate organization. Newmark specializes in lease and sales transactions of office, industrial, retail, land, healthcare, and mixed-use properties.