In July 2016, the Borg family left the publishing business in Northern New Jersey, which was a family enterprise since the 1920s. Now the family, led by the fourth-generation members, Jennifer and Stephen, are in the real estate business. Fourth Edition is a part-owner and property manager of a modern industrial site at 100 Commons Way in Rockaway Township in Morris County.
Fourth Edition is also in the process of developing its 20-acre site in Hackensack which used to house North Jersey Media Group Inc.’s corporate headquarters. The family has owned the property since the late 1940s. The company plans to develop more than 600 apartments and several retail pads. On an on-going basis, Fourth Edition is actively looking at properties to manage, invest in and/or develop.
