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EAST ORANGE, NJ-Although New Jersey’s larger cities have dominated the multifamily investment arena during the past 12 months, urban markets like the Oranges are gaining new ground in terms of for-sale properties and deal velocity, says Gebroe-Hammer Associates’ managing director, Ken Uranowitz. The Livingston, NJ-based commercial brokerage firm recently closed four separate transactions throughout the area that involved 140 units being traded for a total of more than $6.75 million. Gebroe-Hammer served as the exclusive sales broker representing the sellers and buyers for each property.

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