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The recent $63.5M off-market sale of Northwood Estates Apartments in North Brunswick, New Jersey, was the first stage of a classic multifamily 1031 Exchange.
The portfolio, known as the Skylark-North Newark Portfolio, consists of 20 buildings situated throughout Newark.
A multifamily high-rise in Paterson, New Jersey recently sold for $22.75 million.
Gebroe-Hammer Associates recently announced the sale of a 171-unit apartment complex in Kearny, New Jersey.
Gebroe-Hammer Associates recently announced the sale of an East Orange multi-family portfolio for $11.75 million.
Gebroe-Hammer Associates recently announced the sale of a 134-unit Jersey City multi-family portfolio.
The South Harrison-Clinton Portfolio in East Orange, New Jersey, consists of 129 units and three buildings.
60 Class A multi-family units at The Residences at North Village in Sparta have been sold.
Imperial House at 750 North Broad Street was sold by Landmark Companies to a private investor. Gebroe-Hammer Associates brokered the deal.