2B — January 2026 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
OODBRIDGE, NJ — The Kislak Company, Inc. an- President Holland & senior VP Daniel Lanni arrange sale of 80 Units in Monmouth County The Kislak Company, Inc. sells Hampshire Terrace in Neptune City, NJ W handling the assignment on behalf of the seller, Elliot Leibowitz of Hampshire As-
book example of how strong re- lationships and expertise drive results. The buyer understood the property, committed to a purchase early in our process, and closed efficiently. It was exactly the kind of outcome we strive to deliver.” Hampshire Terrace is a two-story, garden apartment complex consisting of 56 one- bedroom and 24 two-bedroom units in several brick build- ings surrounded by neatly landscaped lawns and shrub- bery. Recent renovations in- clude remodeled kitchens with stainless steel appliances, dishwashers, and built-in mi- crowave ovens. Other attrac- tive features include spacious closets, luxury hardwood floor- ing, in-unit washer/dryers and a pet friendly environment. Ideally situated, the property is close to New Jersey Transit, Jersey Shore beaches and ma- jor highways with quick access to the Garden State Parkway, Route 195 and Routes 18, 33, and 35, making it well-con- nected to the northeast corridor -- a commuter’s convenience. Within a short drive nearby is the NJ Transit Commuter Rail- North Jersey Coast Line to New York City in two locations at Bradley Beach and Belmar. While a small town, Nep- tune City offers a large at- traction with easy access to local favorites like Asbury Park and Belmar, and the beaches of Avon-by-the-Sea and Bradley Beach. About The Kislak Co., Inc. The Kislak Company, Inc., headquartered in Woodbridge, NJ, is a leading commercial real estate brokerage firm con- sistently recognized for its in- vestment sales success. MAREJ
sociates, LP. Senior vice president Daniel Lan- ni procured the purchas- er, which was not disclosed. The sale is the largest
nounced the recent sale of Hampshire Terrace, an 80-unit gar- den apart- ment complex at 108 River- view Avenue in Neptune City, Monmouth County, New Jersey, for $20,000,000. Kislak marketed the prop- erty on an exclusive basis with president Robert Holland Robert Holland
Daniel Lanni
multifamily sale in Neptune City in at least the last ten years according to data avail- able from CoStar . Lanni said, “This was a text-
Hampshire Terrace
EXCLUSIVE PROPERTIES FOR SALE
Jersey City, NJ 24 Residential Units Don Baxter ext 265
Elizabeth, NJ 41 Residential Units Jeff Squires ext 246
East Orange, NJ 12 Residential Units Michael Salomon ext 243 Don Baxter ext 265
NJPA
a section of the MARE Journal Phone: 781-740-2900 www.marej.com S ection P ublishers Linda Christman lchristman@marejournal.com Lea Christman lea@marejournal.com S ection E ditor Karen Vachon editor@marejournal.com
Branchburg, NJ 5 Condo Units/45,000 SF Industrial Park Max Levinston ext 308
Freehold, NJ 25,845± SF Retail + Rear Warehouse Daniel Lanni ext 248
Nutley, NJ 7 Residential Units + 1 Retail Thomas Scatuorchio ext 255
The Kislak Company, Inc. | kislakrealty.com | 732 750 3000
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