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HOBOKEN, N.J. — Advance Realty Investors has broken ground on a 52-unit multifamily project in Hoboken. The site at the intersection of 14th Street and Willow Avenue formerly housed a Hertz car rental depot. The new building will feature studio, one-, two- and three-bedroom units that will have an average size of 903 square feet, with five residences to be set aside as affordable housing. Amenities will include a lobby lounge, fitness center, coworking space, landscaped terrace and a rooftop deck equipped with barbeque grilling stations. The building will also house 6,800 square feet of retail space. Completion is slated for the third quarter of 2026.