A longtime owner has sold a two-building, 56-unit apartment portfolio in Montclair for $13.5 million, in a deal arranged by Hudson Atlantic Realty.
According to the brokerage team, the properties include 27 units at 10 Roosevelt Place and 29 units 47 North Fullerton Ave. The brick structures are about a half-mile apart, providing residents with a short walk to NJ Transit’s Walnut Street and Bay Street stations.
Montclair owner sells 56-unit rental portfolio after 25 years, Hudson Atlantic says