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Tuli Realty Acquires Multifamily Asset From AION Partners For $61.3 Million In Morristown

Property Image
SOLD
$61,300,000
Niko Nicolaou
Michael Guerra
+ 3

New Jersey

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MultiFamily112,996 SF
Sold 05/28/2026
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Property Image
SOLD

Tuli Realty Acquires Multifamily Asset From AION Partners For $61.3 Million In Morristown

30 Cattano Avenue

See Similar Deals
MultiFamily112,996 SF
Sold 05/28/2026
Niko Nicolaou
Michael Guerra
+ 3
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$542
Total Square Footage:112,996 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 30 Cattano Avenue in Morristown. The sale price for this asset was $61,300,000, encompassing 148 units. The total square footage of the property is 112,996, with a price per unit (PPU) of $414,189 and a price per square foot (PPSF) of $542.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $61,300,000
  • Address: 30 Cattano Avenue
  • Market: Morristown
  • Units: 148
  • Square Footage: 112,996
  • Price Per Unit: $414,189
  • Price Per Square Foot: $542
  • Buyer: Tuli Realty
  • Seller: AION Partners
  • Brokers: Niko Nicolaou, Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett & Alexandria Ebers - Cushman & Wakefield

This transaction was facilitated by a team of brokers from Cushman & Wakefield, consisting of Niko Nicolaou, Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett, and Alexandria Ebers. They played a significant role in representing the parties involved in this multifamily property deal.

Players

Niko Nicolaou
38 deals$2.2B volume(201) 426-2227
BROKER

Ryan Dowd
Cushman & Wakefield
29 deals$2.4B volume(201) 508-5278
BROKER

Michael Guerra
Cushman & Wakefield
3 deals$155.3M volume(201) 655-4644
BROKER

Alexandria Ebers
Cushman & Wakefield
7 deals$556.7M volume
BROKER

J.P. Hohl
Cushman & Wakefield
6 deals$428.3M volume(201) 935-4000
BROKER

Kelly M. Kellett
Cushman & Wakefield
3 deals$146.3M volume
BROKER

SELLER

Details

SOLD
IMAGE: Niko Nicolaou, Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett & Alexandria Ebers DATE: 05/29/2026 ADDRESS: 30 Cattano Avenue MARKET: Morristown ASSET TYPE: Multifamily BUYER: Tuli Realty SELLER: AION Partners BROKERS: Niko Nicolaou (@Niko_Nicolaou), Ryan Dowd, J.P. Hohl, Michael Guerra, Kelly M. Kellett & Alexandria Ebers - Cushman & Wakefield (@CushWake) SALE PRICE: $61,300,000 UNITS: 148 ~ PPU: $414,189 SF: 112,996 ~ PPSF: $542

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