Northwest New Jersey garden-apartment complex garners $17.9M in sale arranged by Gebroe-Hammer
SUSSEX COUNTY, NJ — In New Jersey’s northwestern corner where apartment-rental living edges out homeownership among the population base, Gebroe-Hammer Associates has arranged the $17.9 million sale of 168 units at Landmark West Apartments. The brokerage team of Stephen Tragash, executive vice president, and Adam Zweibel, senior vice president represented the seller, Newton West Limited, and procured the buyer, a private investor. Located at 100 Swartzwood Rd., Landmark West Apartments is an 11-building garden-style complex comprised of one- and two-bedroom units ranging from 750 s/f to 1,041 s/f. Each of the open-floorplan layouts offers an array of modern features, including eat-in kitchens and dining rooms, contemporary kitchens and baths, spacious closets and balconies. Assigned paved-surface parking and on-premises laundry facilities are among the on-site amenities.