Cedar Wright Gardens, 77 Mary St., Lodi, NJ Cedar Wright Gardens, 77 Mary St., Lodi, NJ

LODI, NJ—Cedar Wright Gardens, an eponymously named limited partnership that has owned a 642-unit garden apartment complex since 1952, has sold its multifamily asset for $100 million, a major transaction in the high-barrier-to-entry submarket of Bergen County. Located at 77 Mary Street in Lodi, the 31-acre community features a mix of one-bedroom units and a high concentration of two-bedroom units, which are in greatest demand throughout this extremely tight submarket.