Marcus & Millichap

Mavis Discount Tire is a net-leased property with 5,495 square feet located at 4651 U.S. Route 9 in Howell.
Jul 21, 2022

Marcus & Millichap arranges net-leased property sale in Howell

According to a member of the team that had the exclusive assignment to market the site of the well-known tire outlet, "There were several offers received within the first few days, which ultimately led to a full price offer from a 1031 exchange buyer."

Marcus & Millichap announced the sale of Five10, a 15-unit apartment property located at 510 45th St. in Union City
Jul 8, 2022

Marcus & Millichap arranges sale of Union City apartment building

Five10, with 15 units, sold for $4.8 million.

Marcus & Millichap announced the sale of "The Palette" June 30, 2022, an approved multifamily development project located in Dunellen.
Jun 30, 2022

Marcus & Millichap arranges sale of approved multifamily development site

Sold for $2.2 million, "The Palette" in Middlesex County offers a transit-oriented location along the Raritan Valley rail line.

Cherry Hill Center, 1200 Haddonfield Road in Cherry Hill.
Jun 30, 2022

Cherry Hill Center sells for $5.9M

According to Marcus & Millichap Senior Vice President Investments Derrick Dougherty, the South Jersey property "benefits from being strategically located along Haddonfield Road, directly across the street from the Market Place at Garden State, anchored by the top performing Wegmans in New Jersey.”

Marcus & Millichap announced the sale of Campfield Apartments, a 33-unit multifamily apartment building located in Irvington.
Jun 22, 2022

Irvington’s Campfield Apartments sell for $4.2M, Marcus & Millichap says

Marcus & Millichap arranged the sale of the building, which had been owned and operated by the same investor for 40 years.

Exxon (CrossAmerica Partners - Hard Corner Location) is located at 3217 Quakerbridge Road in Hamilton Township.
Jun 14, 2022

Net-leased auto service, fueling location sells for $4.15M

Marcus & Millichap's Cafiero Group arranged the deal, which involved an out-of-state buyer in a 1031 exchange.

Downtown Montclair. - PAULINE HEANEY/MONTCLAIR CENTER
Jun 8, 2022

Montclair’s The Madison Building sells for $18M, Marcus & Millichap says

Marcus & Millichap announced the sale of the 32,000-square-foot mixed-use property.

Marcus & Millichap announced the sale of Lighthouse Plaza located at 300 Atlantic Ave. in Atlantic City.
May 16, 2022

Atlantic City’s Lighthouse Plaza sells for $17M, Marcus & Millichap says (updated)

Marcus & Millichap announced the sale of the mixed-use property, which offers views of the historic Absecon Lighthouse, the Absecon Inlet and the Atlantic Ocean.

Marcus & Millichap today the sale of Boston Market Ground Lease, a 16,553-square-foot, net-leased property located in Union.
Apr 26, 2022

Net-leased Union property sells for $2.25M, M&M says

Marcus & Millichap announced the sale of the 16,553-square-foot quick service restaurant, which shows QSRs "continue to be one of the hottest net lease sectors among 1031 investors looking for stable cashflow," according to investment specialist Alan Cafiero.

Marcus & Millichap Capital Corp. arranged $24 million in financing for a multifamily property at 1120 E. Saint Georges Ave. in Linden.
Apr 22, 2022

MMCC arranges $24M financing for Citivillage in Linden

“There continues to be strong lender interest in well located and occupied multifamily assets,” according to Marcus & Millichap Capital Corp. First Vice President Joseph Belgiovine, who arranged the funds.

Bank of America in Clifton.
Apr 5, 2022

Net-leased BofA property sells for $3.8M

“Single tenant properties in northern New Jersey are commanding significant interest in today’s market," Marcus & Millichap Investment Specialist Alan Cafiero said. "Properties that have credit tenants are especially of interest."

Marcus & Millichap's New Jersey office arranged the sale of Disaronno Plaza at 80 Cottontail Lane in Somerset.
Mar 29, 2022

Somerset office property sells for $7.5M

Built in 1984, Disaronno Plaza's had the same ownership for nearly 30 years, until now.