UNION COUNTY, NJ — The Kislak Company, Inc. announced the recent sales in Union County of the following multifamily properties: Riverside Gardens, which consists of 46 units on Riverside Dr. in Cranford, for $11.3 million; and 43 units on West Third Ave. and 17 units on Walnut St. in Roselle for $5.7 million. Kislak marketed the properties on an exclusive basis with senior vice president Jeff Squires handling the assignments. Squires also procured the purchasers. “Riverside Gardens was an unusual opportunity for an investor to acquire one of the largest and most exclusive apartment communities in the municipality.” said Squires. According to CoStar records, $11.3 millionwas the second highest price ever paid for a multifamily property in Cranford.
46 units on Riverside Dr. in Cranford