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.
A private investor has acquired a 66-unit apartment building in downtown South Orange and steps from NJ Transit rail service, in the fourth trade of the property since 1999.
Homebuilders joined key public officials at the Atlantic Builders Convention last month to confront New Jersey’s housing supply and affordability crisis, pledging a spirit of cooperation as they search for solutions.
An investor has sold a five-building, 28-unit apartment complex in Belleville for nearly $4 million, in the largest of three newly announced transactions by CBRE.
