The company is said to be the second biggest independent residential brokerage firm in the state, with only Morris Plains-based Weichert Realtors larger. It's also one of the 10 biggest companies in the Prudential network.

Cost-cutting was the driving factor in the merger, according to Keleher, whose Prudential New Jersey was the largest of the three. (Prudential Pioneer was based in Bridgewater, and Prudential Brown-Fowler was headquartered in New Providence.) Another factor was geographic spread -- the company covers a region from northern Morris County to southern Monmouth County, including some of the fastest-growing regions of New Jersey.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.