WESTWOOD, NJ–As ivestment sales continue brisk in northern NewJersey,Gebroe-Hammer Associates completedfive recent trades – including the sale of a Westwood apartmentbuilding on the market for the first time in 45 years.
The Livingston-based firm said the batch of sales of apartmentbuildings and commercial units garnered a total of $11.4million.
In Bergen County, the brokerage team of Ken Uranowitz,Greg Pine and Nicholas Nicolaouexclusively represented a long-time G-H client in the $4.3 millionsale of 542-544 4th Ave. in Westwood. The two-buildingproperty is 27-unit, three-story brick garden-style apartmentcomplex. It has a mix of one- and two-bedrooms, and traded for$160,000 per unit.
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