Amid high costs of building similar lower-rent housing in the Garden State, a portfolio of seven workforce housing buildings with more than 1,000 apartments in North and Central Jersey has sold for $146 million.
New Jersey Workforce Apartment Portfolio Fetches $146 Million
CBRE Signals Strong Demand for 1,035 Units in East Orange, Newark, Asbury Park and Trenton
By Linda Moss
CoStar News
July 31, 2019 | 2:33 P.M.
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IN THIS ARTICLE
- Properties
- Munroe Towers
610 Sewall Ave, Asbury Park, NJ
- Companies
- Murnick Real Estate Services
Real Estate