Matthews™ Successfully Executes Disposition of Four-Property Hudson County Multifamily Portfolio

JERSEY CITY, NJ—Matthews™, a commercial real estate investment services and technology firm, facilitated the sale of a four-property multifamily portfolio located across Union City and West New York, New Jersey. Matthews™ Senior Vice President & Director David Ferber represented the buyer and seller in the $3,170,000 transaction.

Located in the heart of Hudson County, just minutes from Midtown Manhattan, the portfolio totals 27 apartment units across four multifamily buildings. Approximately 89% of the units are two-bedroom apartments, with the remaining 11% consisting of one-bedroom units, offering a highly desirable unit mix in one of Northern New Jersey’s most supply-constrained rental markets.

Seeking to efficiently exit a portion of its Hudson County multifamily portfolio, the seller engaged Ferber to execute a strategic marketing process designed to maximize value while providing certainty of close. Leveraging its extensive network of local multifamily investors, Matthews™ generated nearly 10 competitive offers over a 45-day campaign and directly sourced an active local investor pursuing a long-term strategy to expand its multifamily presence in the neighborhood. The portfolio’s immediate scale, premier Hudson County locations, and strong long-term rental fundamentals aligned with the buyer’s acquisition objectives, allowing Ferber to successfully complete all four closings over a two-week period.

“This sale demonstrates that well-located multifamily assets continue to command significant investor interest, even in today’s market,” Ferber said. “The combination of exceptional locations, quality brick construction, and the ability to acquire meaningful scale through one portfolio made this a compelling opportunity. Pair that with convenient access to Manhattan and strong long-term rental demand, and buyers were willing to compete aggressively.”

For more information, please contact David Ferber or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.