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Shoe Factory Turned Into Apartments Sells for $22.6 Million in Northwest New Jersey

Deal Touted as Biggest Multifamily Trade in Sussex County
The Merriam Gateway Apartments has 101 units as well as commercial space. (CoStar)
The Merriam Gateway Apartments has 101 units as well as commercial space. (CoStar)
CoStar News
July 14, 2021 | 9:24 P.M.

A historic former shoe factory that was converted into an apartment complex has traded for $22.6 million, the largest multifamily sale on record in Sussex County, New Jersey.

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