Oxford Realty Group Acquires Property In Highland Park For $30 Million With Seller's Rep Joseph Brecher

The property involved in the transaction is Donaldson Park Apartments, a 152-unit apartment community located at 321 Crowells Road, Highland Park, NJ. The sale price was $30,000,000.00, and the total square footage is recorded as 0.

Summary of transaction details:

• Property Type: Apartment Community
• Transaction Amount: $30,000,000.00
• Market: Highland Park
• Buyer: Oxford Realty Group
• Seller: JGT Managing Partners
• Seller's Representative: Joseph Brecher - Gebroe-Hammer Associates

Joseph Brecher of Gebroe-Hammer Associates represented the seller, JGT Managing Partners, who originally developed the garden-style community constructed in 1966. The six-building property includes features such as eat-in kitchens, hardwood floors, and sliding-glass-door patios. Additionally, the community is situated near the 90-acre riverfront Middlesex County Park, which offers amenities like a boat ramp, sports fields, and paved trails.