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Union County Multifamily Properties Trade for Nearly $16M

Beech Spring Apartments is a 53-unit garden-style apartment community situated in the northwest corner of Union County in proximity to the Short Hills Mall.

Beech Street Apartments, Summit, NJ Beech Street Apartments, Summit, NJ

SUMMIT, NJ— The Beech Spring Apartments, a 53-unit garden-style apartment community in Summit’s Springfield Avenue section, has been sold for $12.85 million, according to brokerage firm Gebroe-Hammer Associates of Livingston, NJ.

Gebroe-Hammer also reported it brokered the $2.9-million trade of 410-420 Watchung Ave. located less than eight miles south in Plainfield. The property sales were brokered by Gebroe-Hammer EVPs Niko Nicolaou and David Jarvis in the borough of Summit transaction, as well as SVP Adam Zweibel in the Plainfield property trade.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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