An investor in Union City has paid nearly $2.9 million for three mixed-use buildings with a combined 25 units, in a deal brokered by Cervelli Real Estate & Property Management.
Seven apartment buildings in Hudson County traded last month for a combined price of $6 million, in a series of deals brokered by Redwood Realty Advisors.
A seven-unit apartment property in Union City has changed hands for just over $1 million, with Marcus & Millichap representing both parties in the deal.
Brokers with Gebroe-Hammer Associates have made the most of their home field advantage in recent months, closing 15 different multifamily sales in Essex County in the past 90 days.
An investment and development firm has acquired the historic Silk Mill Lofts property in Union City, with plans to spend millions on upgrades in order to boost occupancy at the artist-work complex.
