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LODI, NJ-Lunor Associates has sold the two-story, five-building, 52-unit garden apartment complex at located 222 Garibaldi Ave. here to Lodi Realty LLC, a locally-based organization. The terms and sale price of the property were not announced by the parties. Columbia Savings Bank of Fairlawn, NJ provided the financing for the buyer.

Vincent C. Comperatore, a principal in the brokerage firm of Comperatore Associates, based in Totowa, NJ, arranged the transaction on behalf of the seller. The buyer represented itself in the negotiations. The residential complex is located near Route 17 and I-80 in this Bergen County community in northern New Jersey.

The 52 units are made up of a combination of one- and two-bedroom units that are currently fully leased. The property is located close to several business complexes and retail centers.

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