Berkadia: Investor buys 36-unit Elizabeth rental property with upside for $4.8 million

The longtime owner of a 36-unit garden apartment building in Elizabeth has sold the property for $4.8 million, in a newly announced deal by Berkadia.

Plainfield development site slated for 71 rental units trades for $2.6 million

A developer has acquired a site in Plainfield with approvals in place for more than 70 apartments, in a deal arranged by Berkadia’s Morristown office.

Veris, Woodmont sell 59-unit Morristown rental property in deal by Gebroe-Hammer, Berkadia

Veris Residential Inc. and Woodmont Properties have sold a 59-unit luxury apartment building in downtown Morristown, in a deal announced by Gebroe-Hammer Associates and Berkadia.

Regan Development, HMFA debut 85-unit senior, supportive housing project in Little Ferry

Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.

Denholtz acquires newly built, 214-unit luxury rental property in North Bergen

Denholtz Properties has added to its apartment portfolio after acquiring a newly constructed, 214-unit property in North Bergen.

Berkadia: Investor buys 33-unit Newark apartment building for $4.3 million

An investor has purchased a 33-unit apartment building in Newark for $4.3 million, in one of several recent deals by Berkadia’s New Jersey team.

Sheldon Gross, Berkadia close $4 million sale of 21-unit South Orange rental building

The longtime owner of a 21-unit apartment building in South Orange has sold the property for $4.1 million, in a deal arranged by Sheldon Gross Realty and Berkadia.

Apartment owner sells 30-unit Bound Brook property for $4.9 million, Berkadia says

The longtime owner of a 30-unit garden apartment complex in Bound Brook has sold the property for nearly $5 million, in a recent deal by Berkadia’s New Jersey team.

Two-year-old, 214-unit apartment building in Dover trades for $75 million, Berkadia says

An investment group has sold a 214-unit luxury apartment building in Dover for $75 million, marking the second trade of the property since late 2020.

Two-building, 36-unit Rahway apartment portfolio sells for $8 million, Berkadia says

A private partnership has sold a two-building, 36-unit apartment portfolio in downtown Rahway for $8 million, in a recent deal by Berkadia’s New Jersey office.