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LIVINGSTON, NJ-Gebroe-Hammer Associates, the investment real estate sales firm based here, has arranged the sale of four multifamily residential assets. David Jarvis, the firm’s area sales rep, was the point person for each of the deals in Newark and Roselle, NJ, and he was joined by senior vice president Ken Uranowitz on the two Roselle properties. The sales prices were not disclosed.

The two Newark properties, 98 Clinton Ave. and 320 South Orange Ave., total 31 apartment units, currently 100% occupied. Jarvis and Uranowitz worked with the principals to accomplish the transfer of an existing HUD loan, mortgages held by an estate, and certificates. Attorney for the unnamed seller was Thomas Cohn of Brach, Eichler , Rosenberg, Silver, Bernstein, Hammer and Gladstone of Roseland, NJ. The unnamed buyer was represented by attorney Daniel Roy of Maplewood, NJ.The first Roselle sale involved Amsterdam Gardens, a 21-unit brick garden apartment complex. The unnamed seller was represented by attorney Robert F. Spencer of Westfield, NJ. The attorney for the purchaser was John Skolnick, Millburn, NJ.

Also in Roselle, the 58-unit Villa Nueva Apartments has changed hands. The seller, who originally bought the property from Gebroe-Hammer in 1994, was represented by Cohn. The buyer was represented by attorney Theresa O’Connor of Montclair, NJ.

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