Private Investor Acquires Multifamily Asset At 19 South Street Manville For $1.3 Million

A private investor acquired an eight-unit apartment building at 19 South Street in Manville for $1.3 million. The multifamily asset presents a stabilized investment opportunity in Somerset County, which benefits from strong rental demand and its proximity to Main Street amenities, Route 206, and Interstate 287.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Units: 8
• Price Per Unit: $162,500
• Buyer's Representative: Bill Gazi - Deluccia Commercial Group
• Seller's Representative: Jonathan Kessler - Kuker & Kessler Real Estate
• Date of Sale: 04/02/2026

Bill Gazi represented the buyer in the transaction while Jonathan Kessler acted on behalf of the seller, ensuring a smooth exchange for the parties involved in this deal.