Transactions

Hard Rock International buys Trump Taj Mahal in Atlantic City for four cents on the dollar of the $1.2 billion construction price.

Imperial House at 750 North Broad Street was sold by Landmark Companies to a private investor. Gebroe-Hammer Associates brokered the deal.

An endeavor that is replacing the former home of Bayonne Stainless Products with a multi-family complex has been sold.

The transaction is New Jersey’s largest suburban office deal of 2022 so far.

24 Jones, a 152-unit Class A apartment community in Newark, New Jersey was recently sold for $36.5 million.

The company finalized a $23.75 million deal to transfer the 58-unit mixed-use property to a New York-based holding company, but has retained the rights for the undeveloped second phase slated for a lot across the street.

The Kislak Company recently announced the off market sale of a five-building multifamily portfolio in Kearny, Hudson County, New Jersey.

A private investor just plunked down $3.2 million for a 29,577 square foot mixed-use building in Bayonne known as Broadway Plaza. The 5-story building at the corner of Broadway and 22nd Street is comprised of office suites above ground floor retail.

Two large multi-family complexes in small towns not far from the Delaware River are proving that New Jersey’s "Gold Coast" isn’t the only riverfront spot with a high demand.

The sale of a commercial condo in Hoboken was recently announced by Pierson Commercial.