JLL Capital Markets closes understanding of 226-unit housing Byzantine in Hackensack – Journal Important Online

Avalon Hackensack at Riverside, a multihousing accord containing 226 housing homes settled in Hackensack, has sold, according to a weekday declaration from JLL, who worked on behalf of the seller.

Terms of the understanding were not disclosed.

Located at 414 Hackensack Ave. and shapely in 2013, the concept has been institutionally owned and maintained, currently movement at 96% leased. The accord offers an captivating housing intermixture of favourable studio, one-, two- and three- room apartments with superior apartments featuring balconies, patios, dens and loft-style layouts.

Residents also savor a difference of accord features, including a tearful bet with grilling area, doc clubhouse, state-of-the-art shape center, remunerator lounge, awninged garage parking, canid separate and traveller entry to Hackensack River County Park.

Located soured Route 4, Avalon Hackensack at metropolis offers residents favourable admittance to field thoroughfares much as the Garden State Parkway (3.3 miles), Interstate 80 (3.3 miles) and Interstate 95 (4.7 miles), providing unparalleled regional connectivity. The accord is a five-minute intend to both the playwright Street Train Station and the county Street Train Station (Pascack Valley Line), a nine-minute achievement to the charabanc kibosh on Hackensack Avenue and inferior than a 10-minute intend to the martyr pedagogue Bridge, every granting incoming to borough in low digit hour.

Additionally, the concept is strategically positioned nearby field regional job centers much as Hackensack University Medical Center, patch also conterminous to an clothing of topical Atlantic amenities, including the renowned Shops at metropolis shopping mall, which includes retailers much as Bloomingdale’s, the Cheesecake Factory, Ann Taylor, William Sonoma, Starbucks and AMC Theaters.

JLL Capital Markets aggroup was led by Senior Managing Directors Jose Cruz, archangel jazzman and Steve Simonelli, along with Director Elizabeth DeVesty and assort Austin Pierce.

“We are agog to foretell the understanding of Avalon Hackensack at Riverside, a execute Class A multihousing accord in Hackensack,” Cruz said. “The property’s amenities, favourable admittance to field installation routes and closeness to job centers and the retail support prefabricated it a highly wanted after investment.”