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NEW BRUNSWICK, N.J. — Marcus & Millichap has completed the sale of a 42-unit apartment property located in New Brunswick for $4.68 million. Constructed in 1999, the community contains 27 studios, 11 one-bedroom units and four commercial units. It is situated just outside the campus of Rutgers University. Maz Radwan of Marcus & Millichap's New Jersey office represented the seller, a New Jersey-based developer, and secured the buyer, a New York-based private investor completing a 1031 exchange. The acquisition price was not disclosed.