The Kislak Co. Inc. announced the $5.2 million sale of Colletti Terrace Apartments, a 44-unit multifamily property located at 192 Docks Corner Road in Jamesburg, Monroe Township.
Vice president Daniel Lanni arranged the off-market sale and represented both parties. The seller was Colletti Terrace LLC, which owned the property since 2007. The purchaser was a private investor.
Built in 1963, the two-story brick buildings feature studios, and one and two-bedroom units with balconies. The apartments are situated near the center of town and feature amenities such as onsite parking and laundry facilities.