10 N.J. apartment complexes sold for $90M in massive deal
NJ.com••business
Key Points:
- Ten apartment complexes in Union County, New Jersey, totaling 540 units, were sold for $90 million in one of the largest multifamily deals in the state in 2025, arranged by Kislak Co.
- The portfolio includes properties in Roselle, Roselle Park, Elizabeth, and Rahway, with the largest being Sunrise Village Apartments in Roselle Park, which has 275 units.
- Landmark Companies sold the properties as part of a strategic move to diversify geographically and upgrade their holdings, including acquiring a newer residential community in Raleigh, North Carolina.
- Most of the properties had been family-owned and managed for three generations, presenting a significant value-add opportunity for the undisclosed buyer in strong northern New Jersey rental markets.
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