The Court by the Sea motel at 170 Ocean Ave. in Long Branch — Courtesy: The Kislak Co. Inc.
By Joshua Burd
An affiliate of Kushner Cos. has acquired a 9,600-square-foot motel near its mixed-use Pier Village complex in Long Branch, in a $6 million sale brokered by The Kislak Co. Inc.
The Woodbridge-based brokerage firm this week announced the off-market sale of the Ocean Court by the Sea motel, located at 170 Ocean Ave. The firm identified the seller as St. Mary Developers LLC.
Kislak Senior Vice President Jeffrey Wiener and Chief Operating Officer Jason Pucci arranged the sale.
The oceanfront property sits at the corner of Ocean Avenue and Morris Avenue, Kislak said in a news release. The motel, which was built in 1958 and includes on-site parking, is part of a parcel that spans eight-tenths of an acre.
“The property was a natural fit for Kushner given its oceanfront location next to Pier Village,” Wiener said. “Over the past 30 years, my colleagues and I have done more than 70 deals with Kushner and Jason and I were pleased to assist with their expansion in Long Branch.”
Attorney Gerald Miller of Miller, Meyerson & Corbo represented the seller, while Alan Hammer and Jeffrey Itzkowitz of Brach Eichler LLC represented Kushner.