223 Prospect St. in East Orange — Courtesy: CoStar (via ICON Real Estate Advisors)
The longtime owner of a 58-unit apartment complex in East Orange has sold it for nearly $8 million, in a newly announced deal by ICON Real Estate Advisors.
According to a news release, the transaction at 223 Prospect St. marks the first trade of the property in more than 30 years. That helped ensure that the 79-year-old complex was carefully maintained and in excellent condition, the brokerage team said, citing the appeal of its proximity to NJ Transit commuter rail service on the Morris & Essex Line…