NEWARK, NJ—Demonstrating the strong market for multifamily properties in an economically resurgent Newark, The Kislak Company brokered the sale of two multifamily properties with 37 residential units in Newark, NJ for $2.46 million. The sale included a 21-unit property at 32 Dayton Street and a 16-unit property at 377 Clinton Place.

Kislak marketed the properties on an exclusive basis with sales associate Michael Salomon handling the assignment and identifying the purchaser. The buyer and seller were not identified.