333-Central-Ave.-Westfield-New-Jersey

Walker & Dunlop Brokers $29.7M Sale of Multifamily Property in Westfield, New Jersey

by Taylor Williams

WESTFIELD, N.J. — Walker & Dunlop has brokered the $29.7 million sale of a 70-unit multifamily property located at 333 Central Ave in Westfield, about 15 miles southwest of Manhattan. Built in 2017, the property offers amenities such as a fitness center with yoga and Pilates studios, community room, rooftop terrace, dog park and package concierge system. Thomas Walsh and Joseph Garibaldi of Walker & Dunlop represented the seller, a partnership between two New Jersey-based firms, Claremont Development and The Hampshire Cos., in the transaction. The buyer was Rockwood Capital LLC.

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