Kislak sells Colletti Terrace Apartments in Jamesburg for $5.2 million

JAMESBURG, NJ — The Kislak Company, Inc. announced the recent $5.2 million  sale of Colletti Terrace Apartments, a 44-unit multifamily property located at 192 Docks Corner Rd. in Jamesburg, Monroe Township.
Vice president Daniel Lanni arranged the off-market sale and represented both parties. The seller was Colletti Terrace, LLC, which owned the property since 2007, and the purchaser was a private investor.
Lanni commented: “The owners knew I had just sold 68 units in Jamesburg for a record price and gave me the opportunity to bring them an aggressive offer for Colletti Terrace. We quickly negotiated favorable terms and went to contract with a respected client.”
Built in 1963, the two-story brick buildings feature studios, and one and two-bedroom units with balconies. Surrounded by thick woods, the apartments are situated in a quiet area within a five minute walk from the center of town and feature amenities such as onsite parking and laundry facilities.
 

READ MORE

Please reload

Featured Posts

The Azarian Group signs over seven new leases in recent months

March 11, 2020

1/10
Please reload

Recent Posts
Please reload

Phone: 781.740.2900| Fax: 781.740.2929 

© Copyright 2014 Mid Atlantic Real Estate Journal. All Rights Reserved.