One of the recent sales was a $1.78 million trade of 19 apartment-rental units and four ground-floor retail units at 547-555 South Broad St. The three-story all-brick building, which has a courtyard, is within walking distance of mass transit and shopping. The apartments have two bedrooms and there are 17 on-site parking spaces.

Average rents in the area for two-bedroom units range from $900-$1,050, according to Tragash. He said “On-site parking really adds to this building’s appeal, as does its excellent access to Routes 1 & 9.”

Tragash, a five-year sales associate, also represented the seller and identified the buyer in the $1.8 million trade of 20 one-bedroom apartments and three ground-floor retail units at 150-152 Elmora Ave. The fully rented three-story brick building is situated on a main thoroughfare in one of the city’s in-demand locations, according to Tragash.

“Elmora is one of Elizabeth’s most coveted neighborhoods, offering some of the finest restaurants and retail establishments, along with the convenience of a nearby NJ Transit train station,” he said. Average rents for the building’s one-bedroom units are around $875.

Gebroe-Hammer Associates specializes in suburban and urban high-rise, mid-rise and garden-apartment properties throughout New Jersey, New York and Pennsylvania, including Philadelphia. The firm also markets mixed-use and free-standing office and retail properties on behalf of a wide range of long-term clients, including private owners, REITS, private equity firms and other institutional investors.