ORANGE, NJ—The nine-story Reynolds Terrace Apartments here has changed hands in a $16.65-million transaction, according to brokerage firm Gebroe-Hammer Associates.
The Livingston, NJ-based firm notes that sales activity in Essex County has been brisk of late. Gebroe-Hammer states that in the past eight weeks, it has brokered deals involving more than 1,300 units in the Eastern section of Essex County.
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