RUTHERFORD, NJ — Cresa NJ – North/Central, part of Cresa LLC announced that they have represented AJM Contractors in the purchase of 1010 Clifton Ave. in Clifton, an 8,100 s/f, fully-leased office building. Principal James Scancarella of Cresa NJ – North/Central represented the buyer, AJM Contractors and president Anthony Marinaro, in the transaction. The seller, 1010 Clifton Avenue Associates, was represented by Robert DeVita of DeVita Friedman Associates. AJM Contractors, with offices in Clifton, has purchased the property as an investment to add to their real estate holdings which include apartments, industrial and office properties throughout New Jersey. This is the third property purchase transaction that Scancarella has facilitated with AJM Contractors.
AJM Contractors has been in business since 1981 and specializes in heavy construction.