Berkadia and Colliers Collaborate on Multifamily Property Sale in Matawan, New Jersey
Matawan, New Jersey – January 12, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, along with Colliers, announced today the sale of Marc Hampton Apartments, a 124-unit apartment community in Matawan, New Jersey. Senior Managing Director Nat Gambuzza and Senior Director Trevor Fiebel of Berkadia Morristown led the transaction on behalf of the purchaser. Colliers International’s, Joseph Garibaldi, Thomas Walsh, and Nick Vanderslice represented the seller.
Marc Hampton Apartments sold to Pentaurus Properties, a New Jersey-based family office on December 4. The property was owned by the original developer family since its construction in the 1960s. The garden-style community was comprised of 11 two-story buildings including a mix of one- and two-bedroom layouts with semi-private entrances. The 10-acre parcel included 151 surface parking and 21 income generating garages along with a revenue generating common laundry facility.
“Value add, garden apartment communities are the most sought-after product in our space,” says Gambuzza. “This type of product, with good bones and an ability to modernize to today’s standards, will remain the area where investors seek to place capital.”
“Attracted by the potential to add scale, Pentaurus Properties saw an opportunity to reposition this property through a comprehensive renovation plan,” says Fiebel. “They intend to renovate the units, enhance curb appeal, and restore amenities including the pool and clubhouse, which have been closed for decades.” The collaboration of both the Colliers team with the Berkadia team paved the way for a smooth and seamless transaction for both buyer and seller.