[New post] Newton, N.J., Apartments Sell for $22.5Mln

Dan Moynihan posted: "New Jersey Herald Blue Diamond Equities LLC has paid $22.5 million, or about $222,772/unit, for the 101-unit Merriam Gateway Apartments in Newton, N.J. The Freehold, N.J., company bought the property from an undisclosed seller that had owned it since 1" New post on Commercial Real Estate Direct Newton, N.J., Apartments Sell for $22.5Mln by Dan Moynihan New Jersey Herald Blue Diamond Equities LLC has paid $22.5 million, or about $222,772/unit, for the 101-unit Merriam Gateway Apartments in Newton, N.J. The Freehold, N.J., company bought the property from an undisclosed seller that had owned it since 1983, when the former factory was converted to apartments. The Kislak Co. brokered the deal. Blue […] Read more of this post Dan Moynihan | July 23, 2021 at 12:39 pm | Categories: Northeast | URL: https://wp.me/pcdE10-2i6e Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/07/23/newton-n-j-apartments-sell-for-22-5mln/