(Save the date: RealShare New Jersey comes to the Hyatt Regency, New Brunswick, NJ, September 19.)

LIVINGSTON, NJ-It’s been said time and again that multifamily is currently the hot property and yet another investment broker has been experiencing its heat. According to Gebroe-Hammer, it’s never been a better time to sell and buy as the investment broker has been averaging two multifamily investment sales per week in northern New Jersey.

GlobeSt.com received the exclusive details from the company, which outlined the most recent: four separate deals which closed within a two-week timeframe. The transactions encompassed 112 units throughout Essex, Union and Passaic counties. The largest sale, the company says, was 97-99 Pine St which went for $3.05 million. Located near Montclair’s Bay Street train station, the purchase included a 28-unit two-building apartment property.

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