Burlington Township, New Jersey (10/27/2025) – TFE Properties is pleased to announce that it has acquired a 13-acre property at the corner of Fountain Avenue and the Burlington Bypass in Burlington Township, New Jersey. Spectrum Way will be a brand-new, 4-building apartment community. Construction is anticipated to commence within the next few months.
Nestled in the heart of Burlington Township, Spectrum Way will be conveniently located off Fountain Avenue, between Burlington-Mt Holly Road (Route 541) and the Burlington Bypass. This complex will be in close proximity to three Burlington Township schools, with easy access to Interstate 295, Route 130, and the New Jersey Turnpike. Residents will enjoy upscale finishes, modern amenities, and high-tech convenience in the comfort of their home and community.
The new apartments will feature nine different layouts with one, two, and three bedroom options. Each unit will include an in-unit washer and dryer, spacious floor plan with 9-foot ceilings, and large windows for ample natural lighting.
“We’re very excited to bring Spectrum Way to Burlington Township. It’s the perfect location for commuters, new families, and for anyone who wants to be in the center of it all,” says Scott Tajfel, Director of Residential Operations for TFE Properties. “Prospective tenants will love the convenient location, spacious floor plans, modern finishes, and community setting that we will be offering, as well as the option to have a private garage.” This brand new project will boast units ranging from 800 square feet to 1,419 square feet.
Apartment features include a generous master bedroom, walk-in closet in select units, a balcony or patio/porch, a full-sized washer and dryer, and a spacious kitchen with soft-close cabinets, quartz countertops, and stainless-steel appliances, among other appealing touches. The community will be pet-friendly with an on-site, fenced-in dog park, and will offer a fully-equipped fitness center, kids’ play area, and outdoor community patio area.
“TFE is excited to expand its multi-family portfolio, with its first apartment complex in Burlington County. The demographic moving to this area expects an elevated level of comfort and convenience with high-tech features,” says Carey Tajfel, President of TFE Properties. “We’re proud to meet those high standards in this community. We anticipate a busy pre-leasing period.”
Spectrum Way will enjoy close proximity to nearby Florence Township and Westhampton. Residents will have easy access to nearby shopping, dining, and entertainment including downtown Burlington’s Historic District, Burlington Riverfront Promenade, Burlington Towne Center, Sylvan Lake Park, and the Delaware River Heritage Trail.
Spectrum Way will be located at 100 Spectrum Way, Burlington Township. More information about leasing to come soon.
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, self-storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
TFE Properties Acquires Orchard Plaza, a 10-acre retail center in Ocean Township, NJ
Ocean Township, New Jersey (August 25, 2025) – TFE Properties, LLC, announced the acquisition of Orchard Plaza, a 10-acre retail center located on Route 35 South in Oakhurst, NJ.
The retail center was a booming destination for shoppers when it first opened in 1980, but vacancies have increased over time, and the property is ripe for a new, updated vision to better serve the surrounding community.
TFE Properties, known for acquiring and redeveloping existing properties with great potential to create value, has big plans for Orchard Plaza. “Monmouth County is an ever-growing destination for residents, vacationers, commuters, and businesses,” Carey Tajfel, President of TFE Properties explains. “And with the new Netflix production facility coming to the former Fort Monmouth campus, Route 35 is going to see an increase in traffic. We want to make sure the area is up to its peak potential.”
Tajfel went on to explain that while plans for Orchard Plaza have not yet been finalized, a multitude of attractive possibilities remain under careful consideration. “The plaza is situated in an excellent location along a busy thoroughfare surrounded by other thriving retail centers in Ocean Township. We’re confident that with some modernization tailored to the community’s needs, the future site will thrive.”
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where the team see opportunities to create value. Primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
Fair Lawn New Jersey Shopping Center Sold
Fair Lawn New Jersey Shopping Center Sold
JLL Capital Markets advised on the sale of a 93,000 SF shopping center in Bergen County
MORRISTOWN, N.J., July 15, 2025 – JLL Capital Markets announced today that it advised the Seller, TFE Properties, on the sale of River Road Shopping Center, a value-add neighborhood center with redevelopment potential in Fair Lawn, New Jersey.
River Road Shopping Center, originally built in 1962, consists of 92,523 square feet of prime retail space spread across three buildings on a 6.45-acre site. Notable tenants include Sherwin Williams and Walgreens. The property also includes a vacant grocery store with covered parking that was previously leased to ShopRite.
Located at 17-17 to 17-77 River Road within the densely populated and affluent town of Fair Lawn, River Road Shopping Center benefits from quick access to major highway including Routes 208, 4, and 17 as well as Interstate 80, offering unmatched regional connectivity.
JLL Capital Markets Investment Team advising the seller included Senior Managing Directors Jose Cruz and Kevin O’Hearn and Senior Director J.B. Bruno. JLL Capital Markets was also involved in the prior sale of this property which occurred less than one year ago in August of 2024.
According to O’Hearn, “We’re thrilled to have assisted TFE Properties with the successful completion of their value-add strategy in less than one year from acquiring the property. With the lack of retail development in the region, combined with the exceptionally strong user demand, opportunistic investors are poised to do very well in this market.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About TFE Properties
Established in 1979, TFE Properties is a dynamic commercial and residential developer known for its strategic approach to projects and acquisitions. With a focus on both new developments and revitalizing existing properties through renovations and market repositioning, the company has built a diverse portfolio spanning various asset classes, including retail centers, single net tenants, hotels, office buildings, apartment complexes, self-storage facilities, warehouse/flex buildings, and land.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
Contact: Gréta Kieras, Senior Associate, Public Relations
Phone: +1 949 930 8498
Email: [email protected]
NEWLY RENOVATED Hilton Garden Inn Lakewood RE-OPENS Modern, Distinctive Design With Tech-Savvy Features
Lakewood, New Jersey (May 6, 2025) – TFE Properties, Inc. is proud to announce the grand re-opening of the newly transformed Hilton Garden Inn located on Route 70 in Lakewood, New Jersey. The recently completed $5 million floor-to-ceiling renovation includes an overhaul of all guest rooms and suites, the lobby, meeting rooms, indoor pool, and all hotel common areas, including the fitness center and an onsite restaurant.
The exterior of the 110-room hotel has been freshly painted with a modern color-block palette, providing a serene, welcoming feel before guests step foot in the lobby. “We’re excited to celebrate the re-opening of the Hilton Garden Inn Lakewood,” says Carey Tajfel, President of Hotels Unlimited. “The hotel’s location right off the Garden State Parkway makes it the perfect choice for corporate and leisure travelers, as well as vacationing families who want easy access to local attractions in the area including the Jersey Shore and boardwalks.”
The Hilton Garden Inn Lakewood’s renovations were designed with conveniences for the modern traveler. Guests love the modern, functional design of the furniture, especially the guestroom headboards with built-in electronic connections and individual reading lights. As one guest praised, “This is the place to stay on your trip to the Jersey Shore. Attention to customer satisfaction and courtesy is a priority.”
Guests have been praising the new look to hotel staff, commenting specifically on the fresher and brighter appearance of the public areas and how modern the guest rooms look. The hotel’s public areas also include an expanded outdoor deck and pergola. Guests are also loving the new indoor pool area and expanded fitness center, with state-of-the-art workout equipment.
General Manager of the Hilton Garden Inn Lakewood, Michael Ramos, remarked, “We are seeing so many more guests taking advantage of these great spaces!” Michael Ramos adds, “I am very excited to be putting the finishing touches on this outstanding hotel renovation. Our team members are so proud of our all-new hotel, and they take great pride in keeping it beautiful and comfortable for all our guests.”
Members of the press interested in attending the upcoming re-opening celebration are invited to contact Carmelita Carreon, Social Media Coordinator, at (609) 632-0006 x8561 or [email protected]. For corporate and group rate inquiries, please contact Debbie Pizzola, Executive Director of Sales, at (609) 578-0138 or email [email protected]. For hotel reservations, please visit www.lakewood.hgi.com or call the hotel directly at (732) 262-5232. Hotels Unlimited, Inc., established in 1990, includes 9 hotels in locations throughout New Jersey affiliated with Holiday Inn®, Holiday Inn Express®, Radisson®, DoubleTree®, Hilton Garden Inn®, Days Hotel®, and Sheraton®.
EZ Self Storage in Lakewood, NJ Transitions to CubeSmart
Lakewood, New Jersey (May 12, 2025) – TFE Properties, LLC, announced that their EZ Self Storage facility in Lakewood, NJ will now be a CubeSmart as of Tuesday, April 8, 2025.
The CubeSmart Lakewood location includes 820 storage units with 95,000 square feet of storage space. The property located at 925 New Hampshire Avenue in Lakewood, NJ, features computerized gate access and climate controlled, ground-level, and oversized units. The self-storage facility is conveniently located on New Hampshire Avenue with easy access to Route 70. The proximity to new and growing residential and commercial developments has been a top selling point for this facility.
The storage facility, newly managed by CubeSmart, has been a part of the TFE Properties portfolio since 2001. Carey Tajfel, President of TFE Properties, says, “We are excited that CubeSmart will be managing its third self-storage location under TFE. We saw incredible results when we opened CubeSmart East Brunswick in 2020, which governed our decision to convert our EZ Self Storage Howell location to a CubeSmart last year, with EZ Self Storage Lakewood to follow soon after.”
Anyone interested in renting a unit can contact CubeSmart at 877- 569- 1564 or visit https://www.cubesmart.com/new-jersey-self-storage/lakewood-self-storage/5075.html?utm_source=google&utm_medium=gmb&utm_campaign=gmb-listings
For press inquiries and more information about TFE Properties, please contact Carmelita Carreon at (609) 632-0006 x8561 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
About CubeSmart: CubeSmart (NYSE: CUBE) is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility.
TFE Properties Acquires The Shops at Brick, a nearly 104K SF Shopping Center in Brick Township
Brick Township, New Jersey (March 3, 2025) – TFE Properties announces the purchase of The Shops at Brick, a 103,832 SF shopping center located in Brick, New Jersey. The plaza includes Bonefish Grill and McDonalds as anchor tenants with several spaces available for lease including anchor and junior anchor space opportunities.
Conveniently located between Route 70 and Van Zile Road, The Shops at Brick offer an abundance of on-site parking, excellent visibility and access, and is located within walking distance to approximately 4,000 people. “We’re excited about this addition to our portfolio,” explains Carey Tajfel, President of TFE Properties. “The Shops at Brick is in the heart of Brick Township, a strong community with high income levels and great demographics. We also plan to renovate the façade to give it a fresh clean modern appearance to help the center reach its full potential and align with our high company standards. That, combined with its prime location off two major roadways while being within walking distance for many people will be important factors for future tenants.”
This is TFE Properties’ fifth property they have added to their expansive portfolio in Brick, New Jersey. “There’s a reason we keep coming back to Brick,” Tajfel continued. “It’s a town that is continuously growing and evolving. It’s exciting to be a part of.”
Other Brick developments include Starbucks, Fortunoff Plaza, Boulevard at Brick apartment community, all along Brick Boulevard, and a medical/professional office building off along Chambers Bridge Road.
The Shops at Brick is located 3.5 miles from Exit 88 off the Garden State Parkway, and it offers easy access from Route 70 (40,000 VPD) and Van Zile Road (23,000 VPD). Available spaces range from 1,700 SF to 35,000 SF. For leasing information, contact TFE Properties at (609) 944-4050 or [email protected].
Kevin O’Hearn and Joseph Lopresti of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties.
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
TFE Properties Purchases Former Bank Building on Princeton Hightstown Road, East Windsor
East Windsor, New Jersey (February 17, 2025) – TFE Properties, LLC, announced the purchase of 304 Princeton Hightstown Road in East Windsor, NJ, which was formerly occupied by Fulton Bank. The property features a +/-7,000 SF building on 4.55 acres of land.
The former bank building, located at a signalized intersection of Princeton Hightstown Road and Old Trenton Road, is 1.5 miles from Route 130 and near national retailers including Target, Burlington, CVS, Retro Fitness, Aldi, Ross Dress for Less, and many others.
“We are very familiar with East Windsor and the surrounding areas as it’s home to the corporate offices of TFE Properties and our sister company, Hotels Unlimited,” says Carey Tajfel, President of TFE Properties. “It’s a wonderful town with strong demographics in a rapidly growing area, which is why we anticipate significant interest in this building.”
The building’s future occupant will serve a population of about 93,000 with an average household income of more than $125,000 within a 5-mile radius, and it will see more than 36,000 vehicles passing the intersection daily.
The growing TFE Properties portfolio includes projects in New Jersey and Pennsylvania. The company specializes in buying properties that are well-suited for development as well as properties that are underutilized and ripe for added value through redevelopment, renovation, and market repositioning. TFE Properties looks forward to announcing a wide array of projects that are currently under development and coming soon.
Craig Parcells of JLL Capital Markets represented the seller and buyer, an affiliate of TFE Properties.
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.
About JLL: For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
Kirby Village, Brand-New Apartment Complex in Somerville, NJ, at Fifty Percent Capacity
Somerville, New Jersey (2/4/2025) – After less than 6 months from opening, TFE Properties is pleased to announce that its newest apartment complex, Kirby Village, has leased fifty percent of the total units that will be available. Once construction is complete, Kirby Village will have 174 total townhome-style apartments.
“We are extremely happy with the response to Kirby Village, and we’re thrilled that renters are enjoying everything about the community we’re building here,” says Scott Tajfel, Regional Property Manager of TFE Properties. “We love hearing all the positive feedback from current and prospective tenants. They love that everything is brand new, and how the community includes amenities like an outdoor heated pool, dog park, and a fully equipped fitness center.”
Kirby Village began leasing and moving-in tenants in July 2024. Its townhome-style apartments feature eight different layouts with one-bedroom and two-bedroom options. Each unit includes a private entrance, spacious floor plan with 9-foot ceilings, large windows for ample natural lighting, and most units have their own private garage.
“Building Kirby Village in Somerville has been an exciting venture. We wanted to make sure tenants had everything they need in and around their home, and it seems like we’ve accomplished that,” explains Carey Tajfel, President of TFE Properties. “The apartments offer high-end amenities paired with a community of modern conveniences. All of which are within walking distance to downtown Somerville that provides a plethora of shopping, dining, and transportation. What’s not to love?”
Nestled in the heart of flourishing Somerville, Kirby Village is conveniently located near Interstate 287, Routes 202 and 206, and several NJ Transit train stations. Residents will enjoy luxury finishes, cutting-edge amenities, and high-tech convenience in the comfort of their home and community.
With Kirby Village opening in 2024, TFE Properties currently has six apartment complexes throughout New Jersey with plans to break ground on the seventh, Winding Woods, in the next few weeks, and has many more apartment complex projects in its robust pipeline coming soon. This brand-new community, located in Lakewood, NJ, will feature 140 apartments with high-end amenities.
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, TFE Properties develops strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties with opportunity to create value. The company’s primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, and land development. For more information, visit www.tfeproperties.com.
Zoltek: QuickChek set to join Route 130 retail center in Robbinsville
By Joshua Burd at re-nj.com
For full article, click here.
A new QuickChek convenience store and gas station is coming to a busy retail center in Robbinsville, following a deal arranged by Zoltek Commercial Real Estate Services.
Brokers with the firm represented both parties in the transaction at Hankins Center, which sits at the high-traffic corner of Route 130 and Hankins Road. They noted that QuickChek will join tenants including Dunkin’, Kiddie Academy and First Commerce Bank, adding to the property’s appeal while bringing much-needed convenience and gas service to those traveling on the thoroughfare.
Urszula Zoltek and Matt Ardizzone of Zoltek CRES represented the site’s ownership, East Windsor-based TFE Properties and MSM Realty, and are marketing an available 5,000-square-foot space, as well as an opportunity for a 10,000-square-foot retail strip located in the rear of the center, according to a news release. Zoltek, a principal with the Totowa-based firm, also represented QuickChek in the recent deal.
“We look forward to welcoming QuickChek and are excited about the growing potential of Hankins Center as a dynamic retail hub in Robbinsville!” Zoltek CRES wrote in its announcement.
TFE Properties Purchases Former First Bank Property in Flemington, NJ
Flemington, New Jersey (September 17, 2024) – TFE Properties, LLC, announced the purchase of 224 S. Main Street in Flemington, New Jersey. The property features two freestanding buildings (2,325 square feet and 966 square feet) on 1.4 acres in the commercial center of Flemington.
224 S. Main Street, located near the Flemington Circle, is seconds from Route 202 and is surrounded by retailers and businesses that are known for drawing traffic to the area including Home Depot, ShopRite, Aldi, Wawa, Burlington, Home Goods, Marshalls, Harbor Freight Tools, McDonalds, Chick-Fil-A, and many others.
“We’re excited about the potential of this location in Flemington,” Carey Tajfel, President of TFE Properties said. “It’s in an excellent location that is easily accessible to the surrounding homes and communities, while being in a highly visible, highly trafficked spot for passersby to access.”
The property is conveniently located at a five-point rotary (S. Main Street, Reaville Avenue, Parker Avenue, Main Street, and NJ Route 12) that on average has approximately 20,000 vehicles pass by daily, as well as over 36,000 people in a five-mile radius.
TFE Properties plans to repurpose the property with an alternative use. Tajfel stated, “We’re confident any retailer that moves into the building will thrive because of its prime location in the prominent town of Flemington.”
For press inquiries and more information about TFE Properties, please contact Jenny Halat at (609) 632-0006 x8518 or [email protected].
About TFE Properties: TFE Properties is a real estate and land development company based in East Windsor, New Jersey. Best known for diverse offerings in nearly all asset classes, exceptional quality, and hands-on management, they develop strategically located commercial and residential properties from the ground up, in addition to purchasing existing properties where they see opportunities to create value. Their primary areas of focus include retail centers, single net tenants, hotels, office buildings, apartment complexes, storage facilities, warehouse/flex buildings, and land development. For more information, visit www.tfeproperties.com.