Search
 

Three Plainfield Apartments Sell for $10M

PLAINFIELD, NJ-In two transactions, buyers pick up three apartments with 135 combined units for approximately $10.2 million.

By Sean Ryan | Updated on September 01, 2005

Sean Ryan is associate editor of Real Estate New Jersey. (To read more on the multifamily market, click here.)

PLAINFIELD, NJ-In two transactions, buyers have acquired three multifamily apartments with a combined 135 units here for a total of nearly $10.2 million. All three properties are currently 100% occupied.

The three properties are 831 Central Ave., a 21-unit garden apartment complex; Pingry Arms, a 52-unit mid-rise building at 606 Crescent Ave.; and Cornell Arms, a 62-unit complex at 735 Park Ave. The latter two buildings were sold as a single purchase to the same buyer. The buyers and sellers of the properties were not disclosed.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.