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DUMONT, N.J. — Sage Investment Real Estate Advisors has negotiated the sale of Madison Apartments, a 32-unit multifamily complex in Dumont, about 20 miles northwest of Manhattan. The four-building complex offers one- and two-bedroom units and was fully occupied at the time of sale. Steve Tragash and Greg Pine of Sage represented the seller and procured the buyer, both of which were limited liability companies, in the transaction.