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BROOKLAWN, NJ-Suburban commuter towns in Southern New Jersey continue to attract multifamily investors and tenants alike, as demonstrated by the recent $3.1-million, all-cash sale of the 97%-occupied Brooklawn Court Apartments here. Gebroe-Hammer Associates’ Joel Schwartz, executive vice president, represented the seller, Brooklawn LLC, and procured the buyer, a longtime client, in the transaction.

“Just like the suburban markets serving New York City, there is an extremely high level of interest among multifamily investors who want to acquire small-to-mid-sized apartment buildings throughout New Jersey’s southern suburbs which are the gateway to Philadelphia,” Schwartz tells GlobeSt.com.

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