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Wednesday, March 11, 2026

Northern New Jersey real estate portfolio up for bankruptcy sale

A significant portfolio of Northern New Jersey real estate assets is being offered for a bankruptcy sale with a bid deadline of Sept. 30. The sale, managed by Hilco Real Estate Sales, includes a variety of properties in Harrison, Kearny, Barnegat, and Boonton, catering to a range of investors.

The portfolio is part of the bankruptcy proceedings of Super Properties Enterprises LLC, under Petition No. 24-13427-slm in the U.S. Bankruptcy Court, District of New Jersey.

One of the key opportunities is the Harrison Town Square Redevelopment Area, a 9.34-acre mixed-use development site located at 1000 Frank E. Rodgers Boulevard in Harrison. The property, which currently operates as a commuter parking lot, has all necessary entitlements and a signed redevelopment agreement with the town. Approved plans for the site envision a transit-oriented community with approximately 1,500 residential units, 500,000 square feet of Class A office space, and a hotel, among other amenities.

The portfolio also includes several industrial assets in Harrison and Kearny. These include the Goodwill Building, a 70,000-square-foot office building with potential for industrial redevelopment, and the Panasonic Building, a modern 48,500-square-foot industrial facility. Additionally, a fully approved 91-unit multifamily development site is available in Harrison.

A unique property in the portfolio is the Breiderhoft Studios in Kearny, a 50,000-square-foot facility configured as a film and television studio. With New Jersey’s growing entertainment industry and tax incentives for film and TV production, this site is positioned as a prime investment opportunity.

According to Jamie Coté, vice president at Hilco Real Estate Sales, the portfolio offers investors a rare chance to gain scale in a competitive market with a mix of income-producing assets and ready-to-build projects.

Bids must be received no later than Sept. 30, 2025, at 5:00 p.m. (ET), using the Asset Purchase Agreement (APA) available on Hilco Real Estate Sale’s website.

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