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JERSEY CITY AND BRIDGETON, N.J. — Patrick Forde of Marcus & Millichapís New Jersey office has closed two apartment building sales totaling $6.4 million. The first property, a 32-unit building in Jersey City, sold for $2.7 million. Amenities include on-site parking. Forde represented the buyer, a local investor, and the undisclosed seller in the transaction.
In addition, Forde closed the $3.7 million sale of a 156-unit apartment community in Bridgeton. The property offers one-, two- and three-bedroom apartment homes. Forde represented the buyer in the transaction, who plans to maintain the facility as affordable housing.