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New Jersey Ends 2020 With $92.5 Million Multifamily Portfolio Sale

Transaction Was One of Top Deals Last Year
One of the 24 properties sold at the end of last year was the 53-unit 59 Prospect St. in East Orange, New Jersey. (Marcus & Millichap)
One of the 24 properties sold at the end of last year was the 53-unit 59 Prospect St. in East Orange, New Jersey. (Marcus & Millichap)
CoStar News
January 9, 2021 | 1:51 P.M.

In one of the biggest multifamily sales in New Jersey last year, two portfolios of 24 apartment properties in Essex County have sold for $92.5 million, according to one of the brokers on the transaction.

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News | New Jersey Ends 2020 With $92.5 Million Multifamily Portfolio Sale