The six-story transit-oriented property came online in 2010. In a similar deal in late 2019, Pacific Urban expanded its New Jersey footprint with the $97.9 million acquisition of a 217-unit community across the street from NJ Transit’s Morristown station. Last February, part of the same brokerage team was involved in the $233 million sale of a 915-unit property in Long Island, N.Y. According to Pride, the new ownership is planning to further invest in capital improvements, such as upgrades of common areas and outdoor spaces, as well as retouches of interior unit-finishes. The CBRE team arranging the deal included Jeffrey Dunne, Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin and Travis Langer. Apartments offer granite countertops, stainless steel appliances, balconies and walk-in closets. Other common-area amenities include a clubroom, fitness center and covered parking. The pair of three-story structures have square-shaped footprints, centered around open interior patios, one of which houses a pool. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space. For those in search of larger rentals, 2-bedroom floorplans make up 45 of all rentals. Orange Avenue retail corridor and less than 3 miles of Interstate 78. Studio apartments in Cincinnati are around 3 of rentals, while 1-bedroom floor plans represent 42 of the total stock. Positioned in the proximity of NJ Transit’s South Orange station, Gaslight Commons is within walking distance of the S. The seller picked up the luxury asset back in 2003 from its original developer, LCOR Inc., for $42 million, Yardi Matrix data shows.Ĭompleted in 2002, the two-building community is situated at 28 W. This apartment community was built in 2002 and has 4 stories with. You can use the off-campus housing filters. Sofi Gaslight Commons Apartments is located in South Orange, New Jersey in the 07079 zip code. With three spacious floor plans, we have options to suit your individual taste and needs. Our residents enjoy conveniences such as an on site laundry and convenient parking, while living in a quiet wooded setting that is within walking distance to most needs. Gaslight Square Apartments offers leisurely apartment living in a convenient location that you’ll be proud to call home. Major shopping centers are only minutes away, with public bus service available. Morgan Asset Management, and procured the buyer. Find top apartments in Roseland, NJ with less hassle Apartment. Gaslight Square is located in Gaylord, next to the beautiful Aspen Park. CBRE brokered the $84.2 million transaction on behalf of the seller, J.P. Put on your chef hat in your stunning kitchen, unwind on your balcony or go for a dip in our outdoor h. Pacific Urban Residential has acquired Gaslight Commons, a 200-unit property in South Orange, N.J. Gaslight Commons puts you a short distance away from downtown South Orange and the midtown direct train to NYC, so you’ll feel like you’re miles from the city when it’s only a matter of minutes.

Gaslight commons apartments