Camber Makes First New Jersey Acquisition

Camber Property Group has purchased the nine-building Salem Lafayette Apartment portfolio in Jersey City’s Bergen-Lafayette neighborhood for $21.5 million. It’s the Manhattan-based firm’s first acquisition in New Jersey. The 74-unit, 100% project-based Section 8 portfolio includes 21, 25, 27, 31 and 33 Monticello Ave.; 4 and 8 Madison Ave.; and 834 and 838 Grand St. It’s within walking distance to…

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