Belleville Apartment Complex Sells For $14M, Setting New Price Record, Firm Says
A 66-unit apartment complex in North Jersey has sold for $14 million, with the real estate firm behind the deal claiming the sale set a new local record.
Washington Heights, located at 550 Washington Avenue in Belleville, sold for more than $212,000 per unit, Hudson Atlantic Realty announced Friday, Oct. 23.
Built in 1972, the property includes three three-story apartment buildings spread across two acres. The complex has 48 one-bedroom apartments and 18 two-bedroom apartments.
Adam Zweibel, president of Hudson Atlantic Realty, brokered the sale on behalf of seller Axial Partners, represen…