Firm Navigates Complex Permitting and Due Diligence Challenges to Finalize Transaction
ROSELLE PARK, NJ [July 21, 2026] – Roselle Grande, a 119-unit garden-style apartment community located at 220-250 West Sumner Ave. in Roselle Park, NJ, has changed hands for an undisclosed price, in a transaction arranged by SAGE Real Estate Advisors of Livingston. The firm’s brokerage team of Partners and Co-Founders Steve Tragash and Greg Pine, alongside Principal Eli Herskowitz and Associate Katie Migner, exclusively represented the seller, Roselle Grande LLC, and procured the unnamed buyer.
While the transaction represents a significant milestone for the Union County multifamily submarket, it also illustrates SAGE’s commitment to going beyond the once-traditional responsibilities of a brokerage firm to bring today’s complex deals to a successful close.
During the seller’s deliverables phase, the transaction encountered an unresolved permit issue. Recognizing the importance of a coordinated effort, SAGE spearheaded a successful resolution for which Tragash and Migner spent nearly a month consulting with and engaging engineering companies to provide the town’s construction department with required documentation.
Working directly with the local building department and dedicating weeks of intensive, hands-on coordination, SAGE effectively absorbed the operational burden to ensure a seamless path to the closing table.
“Today’s commercial real estate environment requires an engaged and knowledgeable advisor who is willing to step outside the traditional box,” said Tragash. “At SAGE, in addition to marketing properties for sale and advising on the current marketplace, we manage the friction that naturally occurs during complex deals. Transaction expertise, which comes with experience, is integral to navigating the unique challenges inherent in almost every sale. This level of specialization is one of many reasons clients trust us and continue to work with us.”
Built in 1970 and situated on a parcel at the intersection of Roselle Park and Kenilworth, Roselle Grande consists of four buildings offering a diverse mix of studio, one-bedroom and two-bedroom layouts. The stabilized property features historically high occupancy rates, on-site parking and dedicated laundry facilities.
Offering a rare combination of suburban livability and urban accessibility, Roselle Grande is located near top-rated local public and private schools, Kean University and major employment hubs, including New York City and Jersey City. The borough is connected via NJ Transit, the Garden State Parkway and U.S. Route 22.
“Roselle Grande is a phenomenal asset in a dense, supply-constrained market, and getting this deal across the finish line required absolute operational alignment from our entire team,” added Pine.
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About SAGE Investment Real Estate Advisors
SAGE Investment Real Estate Advisors of Livingston, N.J., is a premier brokerage firm specializing in the multifamily sector. By combining deep local market intelligence with sophisticated execution, SAGE provides private and institutional clients with a 360-degree approach to acquisitions, dispositions, and strategic investment advisory.