ESSEX COUNTY, NJ — Marcus and Millichap's Ozturk-Gatto Group announced three recent transactions in Essex County for a total of $26.4 million. The transactions include:
• The Essex County Portfolio - A 130-unit, four-building multifamily portfolio located in East Orange and Irvington, New Jersey that sold for $13.85 million
• 259 Reynolds Terrace - A 29-unit multifamily property located in Orange, New Jersey that sold for $3.35 million
• 120 Halsted Street - A 42-unit Class-A multifamily property in East Orange, New Jersey.
The Ozturk-Gatto group led by senior partners Richard Gatto and Fahri Ozturk, along with Essex County Specialist, Thomas Cleary, represented the sellers on an exclusive basis and procured the buyers for all three transactions.
In addition to the sales described above, The Ozturk-Gatto Group has recently closed on 32 multifamily buildings in Essex County totaling $124,745,500 and 972 units.