CBRE BROKERS $4.53 MILLION MULTIFAMILY SALE IN N.J.

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LONG BRANCH, N.J. — CB Richard Ellis (CBRE) has brokered the sale of a 64-unit multifamily property located at 135 Rockwell Ave. in Long Branch for $4.53 million. The two-story building contains one-bedroom units. Occupancy was 95 percent at the time of the sale. CBRE's Charles Berger represented the New York-based seller. The buyer was from out of state.

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