HFF: Hoboken apartment complex sells for $146 million

An affiliate of J.P. Morgan Asset Management has sold a 240-unit, luxury apartment complex in Hoboken for $146 million, HFF said, in New Jersey’s largest apartment sale in 2018.

Buyer sought for 240-unit Hoboken complex, HFF says

An apartment complex in northwest Hoboken has hit the market for sale, with brokers touting its value-add potential in a neighborhood that is attracting new construction and rent growth.