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VAM: Developer sells 158-unit Belleville rental property in $56 million deal with family office – Real Estate NJ

Summary by Re-nj.com
The Essex at 78-102 Washington Ave. in Belleville — Courtesy: Veerman Asset Management By Joshua Burd The developer of a newly built, 158-unit apartment building in Belleville has reaped $55.5 million from its sale of the property, in a deal arranged by Veerman Asset Management. Manveer Sanghera, the brokerage firm’s CEO and founder, represented the New Jersey-based seller in the transaction at 78-102 Washington Ave. The property known as The Es…
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re-nj.com broke the news in on Thursday, December 11, 2025.
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