The Eider Group at Marcus & Millichap

Congratulations to our New Jersey agents Chez Eider and Jason Petrick on the successful sale of a prime development site at 25 Market Street in Downtown Morristown, NJ! "Despite launching during a stretch of 11 consecutive rate hikes—a tough environment for development deals—we attracted offers from 11 developers. The property’s flexible zoning and unbeatable location just off the Green made it a standout opportunity." The team secured the highest “as-is” offer, ensuring a smooth and timely closing. Great work all around! #MarcusMillichap #CommercialRealEstate #NewJerseyCRE #DealStory Jim McGuckin

EXCLUSIVE LISTING: Somerset Innovation & Flex Center | 150 Pierce St, Somerset, NJ This 141,000 SF institutional-grade Flex / Office / R&D property on 16.92 acres is fully leased and producing strong in-place cash flow. Asking $28,000,000 | 8.76% In-Place Cap ? 100% occupancy with long-term rental income – Pharmscript (a subsidiary of OptumRx / UnitedHealth Group – NYSE: UNH) and Thomas Edison EnergySmart Charter School are secured through 2029 and 2035. ? Strong financials & supplemental income – $2,453,051 NOI with limited landlord obligations and $67,250/year in rooftop solar income. ? Strategic location with prime accessibility – Positioned in Somerset County’s business corridor with easy access to I-287, I-78, and the NJ Turnpike. ? Zoned M-2 Light Manufacturing – 377 on-site parking spaces (2.67/1,000 SF ratio) and flexible space configuration suitable for R&D, healthcare, education, or high-bay users. ? Excellent demographics & tenant demand – Over $136,000 average household income within 3 miles and proximity to major corporate, healthcare, and education hubs. View more details on this property: https://ow.ly/Ba6O50VpGpp Please reach out via phone or email for additional information: Chez Eider: (732) 740-7939 / [email protected] Alan Cafiero: (201) 742-6118 / [email protected] Mark Gjonbalaj: (201) 742-6136 / [email protected] Giacomo Fiorenza: (201) 742-6168 / [email protected] Marcus & Millichap Tri-State #MarcusMillichap #CommercialRealEstate #NewJerseyCRE #JustListed #BuilderToBroker #RealEstate #NewJersey #MixedUse #CRE

JUST CLOSED: 74-Unit Multifamily Apartment Property | Gloucester County We’re pleased to share the successful closing of this 74-unit multifamily property in Gloucester County, alongside Andrew Townsend, Daniel Bernard, and Clarke Talone. Finding the right buyer and executing in today’s market requires the right strategy, strong collaboration, and a focused process—this transaction is a testament to that approach. ? Rent approximately 20% below submarket averages ? Convenient location just 15 minutes from the Walt Whitman Bridge Please reach out via phone or email for additional information: Chez Eider: (732) 740-7939 / [email protected] Andrew Townsend: (215) 531-7020 / [email protected] Daniel Bernard: (215) 531-7022 / [email protected] Clarke Talone: (215) 531-7021 / [email protected] View available properties: https://ow.ly/eNyw50Vn7Jc Marcus & Millichap Mid-Atlantic #MarcusMillichap #CommercialRealEstate #NewJerseyCRE #JustClosed #BuilderToBroker #RealEstate #NewJersey #Apartments #Multifamily #CRE

I’m pleased to share that Marcus & Millichap has been ranked the 2024 transaction leader for Multifamily, Retail, Net Lease, Self-Storage, and Hospitality for sales between $5M and $25M by Real Estate Alert. This recognition is a testament to the trust our clients place in us and the dedication of our professionals who navigate every market cycle with expertise and results-driven strategies. Every transaction represents a partnership—one built on market intelligence, execution, and a shared commitment to success. As we continue to lead in the industry, we remain focused on helping our clients uncover opportunities and achieve their investment goals. #cre #commercialrealestate #realestatealert

JUST LISTED: 83 Irons St | Toms River, NJ This 25,976 SF industrial warehouse is located in Toms River, New Jersey. ? Positioned on a 1.59-acre triangular parcel ? Fully occupied by 9 tenants on gross leases, with short-term or M-T-M agreements ? Current property taxes: $42,369 View more details on this property: https://ow.ly/S6wk50VhtIr Please reach out via phone or email for additional information on this listing: Chez Eider (732) 740-7939 / [email protected] Mark Gjonbalaj (201) 742-6136 / [email protected] Alan Cafiero (201) 742-6118 / [email protected] In collaboration with Evan Koransky of Ten-X LoopNet Marcus & Millichap Tri-State #MarcusMillichap #CommercialRealEstate #NewJerseyCRE #JustListed #BuilderToBroker #RealEstate #NewJersey #Industrial #CRE

Marcus & Millichap celebrates International Women’s Day, honoring the exceptional women whose dedication, talent, and contributions propel the firm forward. Join us in celebrating the women of Marcus & Millichap and the transformative impact they make every day! #internationalwomensday #cre #womenincre

We are thrilled to announce that Marcus & Millichap has been recognized as the transaction leader in 20 markets nationwide by Real Estate Alert! Our rankings span multiple sectors, including multifamily, retail, industrial, and hospitality, for sales ranging from $5 million to $25 million. This achievement is a testament to the dedication and expertise of our teams across the country—congratulations to everyone who contributed to this success! #cre #commercialrealestate #realestatealert

EXCLUSIVE LISTING: The Summit at Fair Lawn | 23-00 NJ-208, Fair Lawn, NJ This 27,735 SF, 20-suite medical office is a prime investment in the heart of Bergen County, meeting the area’s strong demand for healthcare space. Positioned on high-traffic Route 208 (80,000+ vehicles per day), the property offers excellent visibility and accessibility. ? 100% medical tenancy with established providers, including pediatrics, physical therapy, allergy & immunology, and dentistry ? Long-term leases with built-in rental escalations support a secure, growing cash flow, backed by strong market fundamentals ? Proximity to major healthcare hubs - Hackensack University Medical Center (6.5 miles), Valley Hospital (5.2 miles) ? High-demand, affluent market with average household income exceeding $147K (1-mile radius) ? Surrounded by top national retailers including Trader Joe’s, Whole Foods, CVS, Walgreens, Starbucks, and Panera Bread View more details on this property: https://ow.ly/vNZo50Vc7Q2 Please reach out via phone or email for additional information: Chez Eider (732) 740-7939 / [email protected] or Alan Cafiero (201) 742-6118 / [email protected] Marcus & Millichap Tri-State #MarcusMillichap #CommercialRealEstate #NewJerseyCRE #JustListed #BuilderToBroker #RealEstate #NewJersey #MedicalOffice #CRE

We’re Hiring! Investment Sales Intern – Bell Works, Holmdel, NJ The Eider Group at Marcus & Millichap is expanding, and we’re looking for a motivated Investment Sales Intern to join our team on-site at Bell Works (Monmouth County, NJ). ?? Why Join Us? ? Work inside Bell Works, a 2M+ SF business hub with top-tier amenities, restaurants, and a thriving professional network. ? Be part of a fast-growing, high-energy real estate team that’s active in investment sales. ? Gain real-world commercial real estate experience in a professional, dynamic setting. ?? Who We’re Looking For: ? Organized, detail-oriented, and adaptable ? Strong communicator who enjoys working in a team setting ? Quick learner with a positive, can-do attitude ? Tech-savvy and open to using new tools like AI-driven automation ?? On-Site at Bell Works, Holmdel, NJ ?? Internship Duration: 6-9 Months ?? Apply Now via the link below. Know someone looking for a high-impact internship in real estate? Tag them or share this post! #NowHiring #CommercialRealEstate #TheEiderGroup #MarcusMillichap #InvestmentSales #RealEstateJobs #CRE #BellWorks Marcus & Millichap Tri-State Marcus & Millichap

AUCTION LISTING! LibertyView Office Tower | Cherry Hill, NJ | 121,000 SF | 85% Occupancy Auction: March 24–26 | Starting Bid: $4.5M CO-BROKER FEE OFFERED | OPEN HOUSE: WED, MARCH 12 | 11 AM – 2 PM Marcus & Millichap, in partnership with RealINSIGHT Marketplace, presents Liberty View—a 7-story Class A office building in Cherry Hill, NJ, offering a prime Philadelphia MSA location and strong tenant mix. * 85% Leased | 17 Tenants – Diversified mix of law firms, financial services, medical & professional offices ensures stability * Tallest & Most Prominent Office Building in Cherry Hill – Recognized landmark in an established corporate corridor * Prime Location – Diagonally across from Cherry Hill Mall (1.3M SF) & Town Place at Garden State Park, providing amenities & demand drivers * High Traffic & Visibility – 38,000+ vehicles/day on Haddonfield Rd, 58,000+ on Route 38, maximizing exposure * Value-Add Opportunity – Priced below replacement cost with upside potential in leasing & repositioning * Affluent Submarket – Located in Cherry Hill, NJ, a top-tier suburban office market with high demand and proximity to Philadelphia ?? Register & Access Due Diligence: https://lnkd.in/e8p863qh Auction Team: Chez Eider, Alan Cafiero, Brent Hyldahl, Ian Grusd, CCIM SIOR #BuilderToBroker #CRE #OfficeInvestment #Auction #PhiladelphiaMSA #RealEstate #OfficeBuildings #CommercialRealEstate #CherryHill #InvestmentOpportunity Marcus & Millichap Marcus & Millichap Tri-State