UNION TOWNSHIP, NJ – Sherwood Group Assoc. has sold its6.4-acre, Liberty Place development site in Union Township, NJ toRMS Cos. The multifamily development site is fully approved for 153apartment units.

The $6 million land acquisition represents buyer, RMS Cos.'first purchase within New Jersey.

Situated in a residential neighborhood, the development site islocated in close proximity to Garden State Parkway and NJ TransitStations in Union and Roselle Park.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.