Hudson Atlantic Negotiates Sale of Two Multifamily Assets Totaling 60 Units in Northern New Jersey

by Taylor Williams

OLD BRIDGE, N.J. — Brokerage firm Hudson Atlantic Realty has negotiated the sale of two multifamily assets totaling 60 units in the Northern New Jersey community of Old Bridge. Old Bridge Town Center consists of 27 apartments and 19,000 square feet of commercial space. Geick Park Residency is a 33-unit age-restricted community that features a pool and a fitness center. An entity doing business as 502 Jersey Avenue LLC purchased the assets from an undisclosed seller for a combined price of $24.5 million.

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