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53 Units Trade in Bergen/Passaic County Multi-Family Submarkets

Jun 5, 2017 | Gebroe-Hammer Associates

Cliffside Park/Paterson, N.J. – With multi-family development peaking this year and next in the Northern New Jersey metro and vacancy rates remaining low, prolonged investment interest in as-is and value-add properties in the high-barrier-to-entry counties of Bergen...

Latest Newark Multi-Family Sales Spurred by High-Profile Restorations and Developments

May 30, 2017 | Gebroe-Hammer Associates

Newark, N.J. – Newark multi-family sales are mirroring the city’s overall rebirth as value-add property acquisition opportunities raise renewed investor interest, according to the brokerage professionals at Gebroe-Hammer Associates. David Jarvis, executive vice...

$11.25 Million Sale of 75 Prospect St. Establishes New Per-Unit Price for East Orange

May 15, 2017 | Gebroe-Hammer Associates

East Orange, N.J. – Gebroe-Hammer Associates has established a new, all-time-high price-per-unit benchmark within one of the state’s hottest urban multi-family submarkets with the $11.25 million sale of 44 luxury apartment-rental units at 75 Prospect St., in East...

Gebroe-Hammer: Close Comparison between Shopping Center & Multi-Family Investment Demand

May 9, 2017 | Gebroe-Hammer Associates

Hillsborough/Edison, N.J. – Drawing a close comparison to multi-family, neighborhood retail center investment is in demand throughout Central Jersey’s thriving shop/dine/ride/live corridors, according to the brokerage professionals at Gebroe-Hammer Associates. The...

Jersey City South Portfolio Sells in the “Cradle of Multi-Family Investment”

Apr 7, 2017 | Gebroe-Hammer Associates

Jersey City, N.J. – Hudson County’s well-established cities are not only home to a younger, workforce-age generation with an enduring preference for urban living, they also are a cradle of multi-family investment sales activity for Gebroe-Hammer Associates and the...

Elizabeth Multi-Family Portfolio Garners $10.51 Million

Mar 31, 2017 | Gebroe-Hammer Associates

Elizabeth, N.J. – Elizabeth’s high renter percentage continues to feed strong multi-family fundamentals in the city where Gebroe-Hammer Associates recently arranged the $10.51 million sale of 106 units spanning Walnut Street and Pennington and Union avenues. The...
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