Chatham Village Apartments features 118 one-and two-bedroom units.
CHATHAM TOWNSHIP, NJ—The 118-unit Chatham Village Apartments complex here has been acquired by a partnership of Stolar Capital, Vertical Realty and EverWest Real Estate Investors, LLC for $35.25 million.
The property, in the supply constrained Short Hills area multifamily market, was sold by Madison Hill Properties of Passaic, NJ. The transaction for the complex, which was built in 1955, was brokered by Gebroe-Hammer Associates. Executive Vice Presidents Niko Nicolaou and David Jarvis, along with Morris County market specialist Stephen Tragash, exclusively represented the seller, Madison Hill Properties, and procured the buyer in the deal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
