Englishtown Village Gardens at 10 Center St. in Englishtown — Courtesy: Hudson Atlantic
By Joshua Burd
A private buyer has closed on an 18-unit apartment complex in Monmouth County for $4.2 million, according to brokers with Hudson Atlantic.
In a news release, the listing team said the property at 10 Center St. in Englishtown traded for $233,000 per unit. That equates to what Hudson Atlantic said is the highest price-per-unit sale for a vintage garden apartment complex in Monmouth County.
Dante Fusaro, a sales associate with the firm, marketed what’s known as Englishtown Village Gardens.
“This transaction demonstrates the continued demand for well-located, high-quality multifamily assets in the New Jersey market,” Fusaro said. “We are proud to have achieved strong pricing and provided a seamless experience for our client.”
Adam Zweibel, president of Hudson Atlantic, added: “Our team remains dedicated to maximizing value for our clients. This sale is another example of how our market expertise and strategic approach deliver exceptional results.”