New Jersey Gold coast developer Bruce Sturman of Maxal Group 2016 pipeline

NEW YORK - Oct. 21, 2016 - PRLog -- New Jersey's Gold Coast, the stretch of waterfront running along the Hudson River opposite Manhattan, is in the midst of a building boom, with dozens of developments (mostly rentals) in the pipeline.

And as prices in Manhattan and the outer boroughs climb, Gold Coast towns with strong transit links are increasingly shedding their second-fiddle status.

The Maxal Group has multiple residential projects in the area. "It's now considered much more a piece of the fabric of greater New York." says Bruce Sturman of The Maxal Group.

Over the course of the next few years, the towns along the Gold Coast — which include Jersey City, Hoboken, Weehawken, West New York and Edgewater — are expected to add just shy of 9,000 new apartments, riding a wave of demand that has been growing since 2010.

The towns along New Jersey's Gold Coast have, of course, long attracted apartment hunters looking to get more for their money than they can in New York City. But as Manhattan and Brooklyn — and increasingly other areas in the outer boroughs — become even more expensive, Jersey is becoming even more appealing, especially given the new development that's now available there, sources say.