Newmark Associates CRE facilitates sale of religious facility in Basking Ridge

Newmark Associates CRE facilitates sale of religious facility in Basking Ridge

Newmark Associates CRE announced it sold 40 Whitenack Road, a prominent multi-story religious facility located in Basking Ridge. The property spans approximately 23,000 square feet on over five acres of land. The purchaser, New Testament Ministries, acquired the property from the Somerset Hills Jewish Center, Inc. The transaction marks a new chapter for the organization as it transitions to serve the needs of its congregation. Mary Swatek, vice …

Newmark Associates: New Testament Ministries buys 23,000 sq. ft. Somerset County facility – Real Estate NJ

40 Whitenack Road in Basking Ridge — Courtesy: Newmark Associates CRE By Joshua Burd A new congregation is coming to a 23,000-square-foot facility in Bernards Township after a sale involving two faith-based organizations, brokers with Newmark Associates CRE said. According to a news release, the Somerset Hills Jewish Center Inc. sold the building at 40 Whitenack Road to New Testament Ministries. The brokerage team noted that the property spans m…