Berkadia Brokers $4.8 Million Sale of Marlaw Apartments in Elizabeth, New Jersey

by Channing Hamilton

ELIZABETH, N.J. — Berkadia has negotiated the $4.8 million sale of Marlaw Apartments, a 36-unit community in the New York City suburb of Elizabeth. Nat Gambuzza, Trevor Fiebel, Tim Blashford and Nick Balancia of Berkadia represented the seller and procured the buyer in the deal. Both parties requested anonymity. Marlaw Apartments comprises one studio, 17 one-bedroom and 18 two-bedroom units. The property was fully occupied at the time of sale.

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