The Healthy Way
Unlike other waterproofers in New Jersey, we provide our customers with a streamlined process for all of their waterproofing needs. Our goal is to get to the crux of your home's issues. If we spot signs of water in your basement, we go right to the source of the problem, working hard to fix structural deficiencies to prevent problems like mold growth and foundation damage. We are proud to be New Jersey's one-stop shop for all of your basement waterproofing needs. New Jersey homeowners choose Healthy Way because our experts are friendly, experienced, harworking, and fully certified. We won't rest until your waterproofing problems are solved. Because we specialize in both interior and exterior waterproofing services, you won't have to worry about hiring a laundry list of contractors to correct your moisture problems. Healthy Way provides all-inclusive basement waterproofing in West Long Branch, it's no surprise that New Jersey residents trust Healthy Way to make their homes more livable every day.
The Healthy Way Difference
At Healthy Way, we strive to set ourselves apart from the competition by offering the best basement waterproofing services in New Jersey. We won't be happy with our work until you are 100% satisfied, whether you need a thorough moisture inspection or a large-scale waterproofing project. Our basement waterproofing experts are certified, trained, and have worked on more than 4,000 repairs. They understand that your moisture problems aren't like anybody else's, which is why all of our waterproofing proposals are created specifically for your home. You won't find any "one-size-fits-all" solutions here, and we wouldn't have it any other way.
- Best warranties in the industry
- Free initial inspection
- Full-service basement waterproofing
- Mold remediation
- Foundation repair
- Water management solutions tailored to your unique situation
Once your basement waterproofing project is complete, we make it a point to keep our staff available to address any questions or concerns you may have. Our goal is your 100% satisfaction, from the moment you call our office to schedule an inspection to the time you sign off on our work.
Waterproofing Services in New Jersey
With more than two decades of experience and a team of fully certified and trained waterproofing professionals, there is no waterproofing project in New Jersey that we can't handle. When not addressed, water and moisture problems can cause serious health risks for your family. We're talking buckling walls, sinking foundations, and even toxic mold. With your home's value and your family's health on the line, you must attack these problems head-on, and the best way to do that is by bringing in the Healthy Way team. Some signs of existing water problems in your home can include:
- Signs of rust or oxidation on metal fixtures
- Mildew residue
- Water stains on your foundation's walls and floors
- Erosion of your concrete
- Mineral deposits found on pipes
- Flooded landscaping after heavy rain or snow
- Pooling water around your foundation's interior
- Humidity levels above 60% in your basement or crawlspace
Basement Waterproofing in West Long Branch
Healthy Way has been providing the most trusted, effective basement waterproofing in New Jersey since 2007. Waterproofing your basement is crucial to protecting the value of your home and the safety of your family. That is why we only employ the best, brightest, fully-certified experts, who will treat your home like it was their very own. Taking shortcuts just isn't in our nature. We use innovative technology and time-tested techniques to discover and solve your basement's water-related problems.
Because basement wall leaks and water seepage are often caused by structural issues, external waterproofing is required. While some companies only seal the interior walls of your basement, Healthy Way goes the extra mile to fix your water issues inside and out. That way, your basement leaks stop for good.
Once we find the root of the water issues in your basement, we will get to work on a custom-designed solution that will exceed your basement waterproofing needs.
Our basement waterproofing services in New Jersey help prevent the following problems:
- Mold growth, which can cause serious health hazards for your family
- Basement flooding
- Loss of valuables
- Serious water damage to your home's walls and floors
- Decrease in home value
Don't wait to address the moisture developing in your basement - call Healthy Way today for a customized solution to your water seepage problems.
What Causes Moisture in Your Basement?
It's easy to spot water leaking through a crack in your basement, but most homeowners don't know that there is a potential for water issues without heavy rains or obvious signs of standing water. At Healthy Way, we try to educate our clients on the real causes of water in your basement. Here are two of the most common reasons why you might need basement waterproofing in West Long Branch:
The "Clay Bowl" Effect
It might not be evident on the surface, but many basements are built in a below-grade dip, which is surrounded by backfill. Because backfill is made up of soil that was removed during foundation digging, it creates an empty shape or "bowl" effect. Once the foundation is finished, this loose soil is placed back around the foundation. Unfortunately, soil of this consistency is more absorbent and porous than the undisturbed soil around it, which is hard-packed and less porous. When rain or thunderstorms occurs, the soil closest to your home becomes saturated, putting pressure on your basement walls.
This kind of pressure affects homeowners with property built below the water table or on a hillside where water runs down a hill. When the soil around your foundation becomes saturated, it will expand and put intense pressure on the walls of your foundation and basement. This pressure can create cracks, giving water an easy route into your basement.
How Healthy Way Solves Your Basement Waterproofing Needs
Having a wet basement not only puts your health at risk, it lowers the value of your home and makes it more difficult to sell. The good news? We offer a number of waterproofing services and products to solve your problems fast. A few of our solutions include:
- Sump pumps
- Perimeter drainage systems
- Doorway drainage systems
- High-strength washer hoses
- Floor and wall crack repair
- Replacement windows
- Flood protection for your water heater
When you use Healthy Way for basement waterproofing in New Jersey, you can rest easy knowing that all our systems come with a written, lifetime warranty. This warranty is transferrable, meaning you can re-establish your home's value and give future owners confidence knowing that their new home is protected.
The Healthy Way Basement Waterproofing Process
Because every home is different, your basement waterproofing solution could be vastly different than that of your next-door neighbor. Many factors play a part when it comes to keeping your basement dry and safe for living. As a general rule, we approach each issue with a "prevention over repair" mindset. By taking this stance, we give our clients a more cost-effective, long-term resolution. We're not in the business of putting a "Band-Aid" on your water problem - we want to fix your issue completely, so you don't have to worry about recurring problems. Our effective basement waterproofing systems include a mix of the following strategies:
Interior waterproofing methods usually start with our team ensuring that any holes or cracks in your basement floors, walls, and windows are sealed properly. Sealing cracks in your basement is an important first step since this is usually the first place where water can enter your home. Our sealants keep your basement dry and help prevent more moisture from finding its way into your home. Interior waterproofing strategies like these also help lower humidity levels in your basement. While sealants and other interior waterproofing strategies help correct initial issues, they don't usually solve the underlying problem causing leaks in your basement. Those issues are most often found outside your home.
Once our team is finished with your interior waterproofing, we will move to the exterior of your home. Waterproofing the outside of your home is often a more complex, nuanced goal. Because of the difficult nature of exterior waterproofing, we recommend you consult with our team of professionals before tackling the job on your own. Generally speaking, our team beings the outdoor waterproofing process by excavating the soil around your home's foundation. Once we remove the soil surrounding your foundation, our experts will apply a polymer-based sealant to any cracks we discover. This sealant is a long-term solution and should remain intact for the life of your home. While the Healthy Way team solves your outdoor moisture problems, we will also check your downspouts, to make sure they aren't clogged. An inefficient gutter system does a poor job of directing water away from your home's foundation, which can cause more moisture to seep into your basement over time.
One of the most common reasons that people need basement waterproofing in cityname is because they have a poor drainage system. A proper drainage system is paramount in keeping your basement dry and your family safe. These systems are meant to direct water away from your home and come in many forms, from French Drains to simple systems like ground soil. If you're thinking of installing a complex drainage system, save yourself some time and check the soil around your foundation first to make sure it isn't retaining moisture. If a more complex system like a sump pump is required, it's best to work with certified professionals like those at Healthy Way, to make sure your drainage system is installed correctly.
WHICH WATERPROOFING SOLUTION IS RIGHT FOR ME?
Because every home is different, it's hard to say what kind of waterproofing solution is right for your situation. Most homeowners require a combination of interior and exterior waterproofing. There are dozens of factors that come into play when it comes to waterproofing your home, so the answer to your problem may be different than your neighbor's. The good news is that Healthy Way is fully equipped to handle whatever moisture issue you're having. We will work tirelessly to make certain your basement is dry, mold-free, and safe to enjoy. That way, you can get back to living life rather than worrying about mold growth or foundation damage.Contact Us
GET IT DONE RIGHT, THE FIRST TIME
Other companies may offer temporary or partial solutions. At Healthy Way, we believe in correcting the problem completely, so you save money and have long-term peace of mind. Our goal is to fix your problem to prevent it from coming back, or we won't do the work!
If you require quality basement waterproofing, it all starts with a FREE inspection from our certified waterproofing experts. We will take as much time as you need to find your problem, develop a solution, and walk you through our process step-by-step.
Don't let water leaks and foundation damage create a dangerous environment in your home; contact the experts at Healthy Way today!
Latest News in West Long Branch, NJ
Monmouth basketball falls to Syracuse, 86-71; Manasquan's Jack Collins hits for 20
For the better part of 30 minutes, Monmouth played its best basketball of the season, pushing Syracuse to the limit inside the JMA Wireless Dome in Syracuse, New York Monday night.And while it ultimately goes down as their tenth loss in 11 games this season, it was the kind of performance the young Hawks can build on.Two nights after absorbing a 37-point loss at Princeton, Monmouth actually had a lead in the second half. The Orangemen eventually pulled away for an 86-71 victory, but the effort repr...
For the better part of 30 minutes, Monmouth played its best basketball of the season, pushing Syracuse to the limit inside the JMA Wireless Dome in Syracuse, New York Monday night.
And while it ultimately goes down as their tenth loss in 11 games this season, it was the kind of performance the young Hawks can build on.
Two nights after absorbing a 37-point loss at Princeton, Monmouth actually had a lead in the second half. The Orangemen eventually pulled away for an 86-71 victory, but the effort represented a step forward for the Hawks as a team.
It was the most competitive Monmouth’s been in four games against high-major foes this season, having dropped the first three by an average of 37 points.
“I’m proud of these kids,” Monmouth coach King Rice said. “I’m happy that they continue to fight. I ask our fans to please stay with us. These kids are incredible. We’ve had a hard schedule. I never make excuses but all of them had the flu last week, we didn’t practice and Princeton whipped us.
“This is going to be a good team. We just have to keep believing, I’ve got to keep believing in them, and they have to believe in each other.”
Monmouth took a 52-51 lead on a three-pointer by freshman guard Jack Collins with 15 minutes to play. But Syracuse (7-4), winners of four straight, went on a 15-2 run to take control of the game.
Collins, a Manasquan native, was on target throughout, finishing with 20 points, hitting five shots from beyond the arc. Junior forward Myles Foster added 17 points.
“This is a great game for us,” Collins said. “It’s a huge stage, a big game, a lot of great players on the other team. And we were right there for 30 minutes or more. So it is just about finishing for us.
“We don’t have a lot of people who believe in us outside, but we know as a group we can compete with anybody when we put it all together. We’re still really young but it’s starting to come. We’re playing a lot of these high major teams and it’s going to be good later when we get into conference games.”
Guard Judah Mintz led the way for Syracuse with 24 points, while guard Joseph Gerard III added 16 points.
The level of competition drops very little when Monmouth returns to West Long Branch, with Charlotte, sporting an 8-2 record, coming to OceanFirst Bank Center Saturday, followed by a visit from 8-3 Yale, which lost to Kentucky by 10 points Saturday. And that’s before UNC Wilmington, 8-3, shows up on Dec. 28 for Monmouth’s first-ever CAA game.
Monmouth came out fast, as Klemen Vuga, who got the start at center, hit a pair of baskets inside, before Collins drained back-to-back triples to give Monmouth a 10-4 lead.
The Hawks moved the ball well against the Syracuse matchup zone, with a Collins entry pass to Foster leading to a layup that pulled them within 24-21.
At one point Monmouth hit seven straight shots, and a Jakari Spence jumper made it 9-of-11 to extend the lead to 38-33 with 2:25 remaining. But Girard drained a pair of late 3-pointers allowing Syracuse to get to the locker room with a 42-40 lead.
Here are three quotes from Rice on Monday night's performance:
On Monmouth’s execution against the Syracuse zone:
“I’ve got to give coach (Rick) Callahan a lot of credit for scouting them and knowing how we could attack them. Our kids did a tremendous job just taking our time instead of just rushing like we’re always rushing trying to prove something. I tried to explain to them, you’ve already proven yourself just by being here. Just relax and play. Take your time and we can pick it apart. And we did a tremendous job against the zone.”
On Jack Collins’ infectious confidence:
“We tried to get everybody to relax. We’ve been too tight and guys aren’t playing like themselves. And we tried to loosen them up today, loosen them up in the pregame talk. And Jack is just a confident kid but tonight he kind of got us going because his confidence was so high it made everyone else confident.”
On responding to the Princeton loss:
“We all felt awful the other night because that was not OK how we responded at Princeton. Even knowing we were sick all week, you never do that. A lot of people are watching and we didn’t fight. And that’s letting everyone down. So we had an off night where we didn’t fight like we should, but these kids are fighters and they keep showing you that they are fighters.”
Why Monmouth basketball's 1-9 start is unsettling; plus 5 keys vs. Syracuse
Let’s forget the games against high-majors, of which tonight’s at Syracuse (8 p.m./ACC Network) will be Monmouth’s fourth of the season. Those have the potential to go badly even for top Monmouth teams over the years.
The unsettling losses are the ones that hit closest to home – literally.
Saturday night’s game at Princeton was the 22nd time the two Central Jersey rivals have met since then Monmouth coach Wayne Szoke, a former Pete Carrill assistant, set up the first meeting in 1991.
It’s been a great series ever since. When Princeton knocked defending national champion UCLA out of the 1996 NCAA Tournament, Monmouth had beaten the Tigers during the regular season. During the Hawks’ 12-game winless streak to open the 2018-19 season, they dropped a one-possession decision to Princeton.
But the 91-54 loss at at Jadwin Gym was the most lopsided result in the series. Cairn University, a Division 3 program, only lost to Princeton by 34 points 10 days earlier.
Then there’s Rider, a staple of Monmouth’s schedule over the past four decades. None of the previous 59 meetings had been decided by more than 21 points. But the Broncs hammered them by 36 points on Nov. 30.
This young group may well develop into a good team. But right now they’re struggling like few Monmouth teams ever have.
None of this is the fault of the players, mind you. Coach King Rice set the incredibly difficult schedule which, combined with injuries - 6-9 junior Jarvis Vaughan is expected to return from a knee injury in the coming weeks - and an inability to land an experienced player and/or scorer in the NCAA transfer portal has led to a 1-9 start.
Three tough non-conference games remain, before they get into their first Colonial Athletic Association season. There’s a chance they won’t be favored in a game the rest of the season.
With that as the backdrop, here are five keys for Monmouth against Syracuse. And check back later Monday night for analysis of the game:
1. Stop fouling
Freshman center Amaan Sandhu had five fouls in five minutes, and he and fellow big man Klemen Vuga each had two fouls by the first media timeout. Monmouth committed 23 fouls, and Princeton took 27 free throws. It’s impossible to move forward when you’re in foul trouble every game.
Monmouth’s lost its first three high-major games by an average of 37 points. While Syracuse has played better recently, they lost to Bryant and Colgate at home. There’s a path to being competitive here.
3. Help inside
This will be as tough an assignment in the paint as Monmouth will face all season. Syracuse senior center Jesse Edwards is averaging 15.6 points and 11.4 rebounds, while 6-9 forward Benny Williams and 6-7 forward Chris Bell round out a stout frontcourt.
4. Small wins
Try to win a four-minute segment. Then try to outscore Syracuse to the next media timeout, and so on. Because Monmouth has to start stringing together some smaller wins in order to get some longer runs of good play.
5. Lean on experiences
Play like you’ve been there before, because you have. Monmouth's played 10 games in some of the toughest places to play in the country, which should help at Syracuse. Everyone on the roster has played extensive minutes this season.
Springsteen Archives to present Woody Guthrie program highlighting his NJ connections
Woody Guthrie's music embraced America from sea to shining sea, but he had a unique connection to New Jersey.That connection and more will be explored at 7:30 p.m. Thursday, Dec. 1, at the Great Hall Auditorium on the campus of Monmouth University in West Long Branch as the Bruce Springsteen Archives and Center for American Music hosts a conversation and book signing with Nora Guthrie, Guthrie's daughter, and...
Woody Guthrie's music embraced America from sea to shining sea, but he had a unique connection to New Jersey.
That connection and more will be explored at 7:30 p.m. Thursday, Dec. 1, at the Great Hall Auditorium on the campus of Monmouth University in West Long Branch as the Bruce Springsteen Archives and Center for American Music hosts a conversation and book signing with Nora Guthrie, Guthrie's daughter, and Bob Santelli, the executive director of the archives.
“Guthrie played in Elizabeth and Newark for the longshoremen in the ‘30s,” Santelli said. “He was here a lot in New Jersey.”
Guthrie's 1940 landmark album "Dust Bowl Ballads” was recorded at Victor Records’ Camden studios. Later, Guthrie was hospitalized at Greystone Park State Hospital in Morris Plains when he was suffering from Huntington's disease in the '60s.
He had a famous visitor: Bob Dylan.
“Every weekend he would come over and serenade Woody Guthrie with a song,” Santelli said .
Nora Guthrie, co-author of the new book “Woody Guthrie: Songs and Art, Words and Wisdom” with Santelli, was there.
“She'll tell that story,” Santelli said. “There’s a lot of interesting things and she’s a wonderful woman.”
“Woody Guthrie: Songs and Art, Words and Wisdom” is a collection of Guthrie’s writings and art collected by Nora Guthrie and Santelli. Essays by Chuck D, presidential historian Douglas Brinkley, and Arlo Guthrie are included in the book, recently bestowed the 2022 Deems Taylor/Virgil Thomson Book Award at the ASCAP Foundation.
Monmouth University English Professor Michael Thomas will moderate the conversation with Santelli and Guthrie, founder of the Woody Guthrie Archives.
The Great Hall Auditorium is located inside the university's Shadow Lawn mansion, the setting for the 1982 film version of “Annie.” Free parking is available in Lot 14, off Route 71 on Norwood Avenue.
The Archives will also host “An Evening with David Sancious,” on Friday, Jan. 6, 2023, at the Vogel theater inside the Count Basie Center for the Arts in Red Bank. Living Colour drummer and multi-Grammy winner Will Calhoun will join Sancious on stage.
Sancious is a former member of Bruce Springsteen and the E Street Band who has played with many of the greats of music. Tickets start at $49. Visit thebasie.org for more information.
Chris Jordan, a Jersey Shore native, covers entertainment and features for the USA Today Network New Jersey. Contact him at @chrisfhjordan; [email protected]
City acts to perform Bruce Springsteen's 'Greetings from Asbury Park' on 50th anniversary
Greetings from the Asbury Park Boardwalk.City musicians will celebrate the 50th anniversary of Bruce Springsteen's debut album, “Greetings from Asbury Park, N.J.,” with a performance of the album in sequence Thursday, Jan. 5, 2023, at the Langosta Lounge in Asbury Park.The performers will also play one of their own songs. “Greetings” was released on Jan. 5, 1973, from Columbia Records.“There is only one 50th anniversary, and we are paying tribute the Bruce Springsteen,” ...
Greetings from the Asbury Park Boardwalk.
City musicians will celebrate the 50th anniversary of Bruce Springsteen's debut album, “Greetings from Asbury Park, N.J.,” with a performance of the album in sequence Thursday, Jan. 5, 2023, at the Langosta Lounge in Asbury Park.
The performers will also play one of their own songs. “Greetings” was released on Jan. 5, 1973, from Columbia Records.
“There is only one 50th anniversary, and we are paying tribute the Bruce Springsteen,” said Peter Mantas, the entertainment director of the Langosta Lounge. “(He's) the patron saint of Asbury Park. He put us on the musical map, and he is the reason Asbury Park is the land of hope and dreams.”
Musicians include Cranston Dean performing “Blinded by the Light”; Desiree Spinks singing “Spirit in the Night”; “Growin' Up” by Bobby Mahoney; Arlan Feiles on “Lost in the Flood”; Doug Zambon of the Van Saders doing “Does this Bus Stop at 82nd Street?”; and Ryan Gregg playing “The Angel.”
Show time is 8 p.m. and admission is free. Visit www.langostalounge.com for more info.
In other “Greetings” anniversary news, the big “The 50th Anniversary: Greetings from Asbury Park, N.J.” symposium from the Bruce Springsteen Archives and Center for American Music at Monmouth University has just released additional tickets after initially selling out.
The event is moving from the Great Hall Auditorium to the Pollak Theatre on the campus of Monmouth in West Long Branch. Attendance will be capped there at 500, organizers said.
The day-long event will include appearances by original E Street Band members Garry Tallent, David Sancious and Vini Lopez, along with former Springsteen manager Mike Appel. There will be forums, musical performances and a film made just for the event by the Archives featuring Tallent, Sancious, Lopez and Appel.
Registration, $50, is required and lunch is included. Visit springsteenarchives.org for more information.
Chris Jordan, a Jersey Shore native, covers entertainment and features for the USA Today Network New Jersey. Contact him at @chrisfhjordan; [email protected]
Where To Buy Or Cut Your Own Fresh Christmas Tree Near Long Branch
There are plenty of options for shoppers looking to bring a real Christmas tree home this year near Long Branch-Eatontown:LONG BRANCH, NJ — People in the Long Branch-Eatontown area who prefer fresh-cut Christmas trees — whether they cut down trees themselves or buy from a retail lot — shouldn’t have any trouble finding them in 2022, according to a survey of Christmas tree growers by an industry trade group.The prediction by the ...
There are plenty of options for shoppers looking to bring a real Christmas tree home this year near Long Branch-Eatontown:
LONG BRANCH, NJ — People in the Long Branch-Eatontown area who prefer fresh-cut Christmas trees — whether they cut down trees themselves or buy from a retail lot — shouldn’t have any trouble finding them in 2022, according to a survey of Christmas tree growers by an industry trade group.
The prediction by the Real Christmas Tree Board comes after a survey of 55 wholesalers that supply two-thirds of the market for fresh trees and 1,500 U.S. adults ages 21-49.
“The real Christmas tree industry met demand last year, and it will meet demand this year,” Marsha Gray, executive director of the Real Christmas Tree Board, said in a news release. “This is essentially a year without surprises.”
Residents of the area have plenty of options, sortable by ZIP code and by type, on the Real Christmas Tree Board website. There is also a website for the New Jersey Christmas Tree Growers Association.
Garden and retail centers:
Home improvement stores:
Real Trees May Be Pricier
Trees, like everything else, may cost a little more this year. Tree growers answering the Real Christmas Tree Board’s survey said growing costs have increased. About 36 percent of respondents said costs were up 11 percent to 15 percent compared to last year, while 27 percent said costs increased 16 to 20 percent. Another 10 percent said the year-over-year increase in production costs was more than 21 percent.
As a result, 71 percent of growers said they would likely increase wholesale prices. That means trees could cost anywhere from 5 percent to 20 percent or more.
Consumers seem to be taking the expected price hikes in stride.
“While our grower survey tells us wholesale prices are likely to be higher for real Christmas trees this year, our consumer survey tells us people expected as much,” Gray said in the news release. “The good news is fans of real Christmas trees say they believe the trees are worth the price, and they are willing to pay more this year if necessary to get one — and that’s not a surprise either.”Growers’ expectations of a healthy season are also tempered by fears of supply chain disruptions, the No. 1 concern of 44 percent of growers. About 35 percent said their top concern is that inflation-strapped consumers will cut real Christmas trees from their lists this year. About 21 percent of respondents cited labor availability concerns.
The Origin Of Christmas Trees
The origin of the Christmas tree can be traced to long before the advent of Christianity, according to History.com.
In ancient times, it was commonly believed the sun was a god. It appeared to be sick as daylight waned in the winter, but evergreens thriving during winter were a reminder that the sun would become strong again and lush greenery and warmth would return.
Evergreen trees were seen as a symbol of eternal life among ancient Egyptians, Hebrews and Chinese. Pagans throughout Europe used evergreens in their homes to represent fertility and new life.
Christmas trees were first used by devout Christians in Germany. The The 16th century Protestant reformer Martin Luther is believed to have added lighted candles to trees. He was composing a sermon as he walked home on a winter evening and was struck by the sight of stars twinkling above the evergreens, and recreated the scene in a tree in his family’s main room.
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Eastern Union closes $78.6M to refinance 1,017-unit MF portfolio in NJ/Bronx
Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven sites across nine New Jersey localities, along with one property in the Bronx.Eastern Union is one of America’s largest commercial real estate mortgage brokerages.The loan, secured through Kearny Bank, carries a fixed 4.25-percent interest rate over a ten-year period.“Leveraging our understanding of the lending marketplace, Eastern U...
Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven sites across nine New Jersey localities, along with one property in the Bronx.
Eastern Union is one of America’s largest commercial real estate mortgage brokerages.
The loan, secured through Kearny Bank, carries a fixed 4.25-percent interest rate over a ten-year period.
“Leveraging our understanding of the lending marketplace, Eastern Union successfully secured highly competitive rates for one of our long-standing clients,” said Mr. Jaffa. “This expansive portfolio transaction illustrates the way a top-performing brokerage can demonstrate value in today’s challenging financial climate.”
“Alex Jaffa is a highly talented broker with a powerful aptitude for client service,” said Eastern Union president and CEO Abraham Bergman. “He’s earned respect in the industry for his integrity and his professionalism.”
The properties, representing a total gross building area of 931,411 square feet, included eleven sites in the following nine New Jersey locations:
Audubon: Imperial House. A four-story, elevator-served, multi-family property at 35 South White Horse Pike built in 1975. With a gross building area of 50,504 square feet, the property has 56 units. Owned by Imperial Realty Associates LLC.
Bellmawr: Timber Cove. Three two-story, garden apartment buildings at 924-928 Creek Road built in 1975. With a 57,090-square-foot gross building area, the property has 59 units. Owned by Timber Cove Realty Associates LLC.
Bordentown: The Village at Bordentown. A four-building, two-story, garden-style multi-family complex at 100 Lucas Drive built in 1972. With a gross building area of 61,010 square feet, the property has 52 units. Owned by Lucas Bordentown LLC.
Haddon Heights: Haddon Court. A three-story, walk-up, multi-family property at 700 Station Avenue built in 1940. With a gross building area measuring 23,631 square feet in size, the property offers 31 units. Owned by Haddon Realty Associates LLC.
Haddonfield: Haddonfield Manor. A four-story, elevator-served, multi-family property at 2-10 Linden Avenue built in 1940. With a gross building area of 40,706 square feet, the property has 41 units. Owned by Park Lane Properties/Haddonfield Manor.
Haddonfield: Kingsway Apartments. A four-story, elevator-served multi-family property at 274 Kings Highway East built in 1940. With a 30,241-square-foot gross building area, the property encompasses 37 units. Owned by Park Lane Properties/Kingsway Apartments.
Laurel Springs: Spring Garden Apartments. Five three-story, walk-up apartment buildings at 1000 West Atlantic Avenue built in 1970. With a gross building area of 73,300 square feet, the property has 92 units. Owned by Laurel Spring Gardens Associates LLC.
Lindenwold: The Village at Laurel Creek. A 32-building, two-story, walk-up multi-family property at 1990 Laurel Road built in 1973. Measuring 220,000 square feet in gross building area, the property has 274 units. Owned by Heathers Realty LLC.
Long Branch: Three two-story garden apartment buildings at 175 Long Branch Avenue built in 1964. With a gross building area of 34,800 square feet, the property offers 54 units. Owned by LB Buena Vista, LLC.
Long Branch: 87 Cottage Place. A two-story, garden apartment complex built in 1960. With a 22,024-square-foot gross building area, the property has 28 units. Owned by LB Cottage Place, LLC.
Stratford: The Residences at Whitehall Apartments. An eight-building, three-story, walk-up multi-family property at 506 South White Horse Pike built in 1975. With a gross building area measuring 248,136 square feet, the property has 220 units. Owned by Woodmere Investments Associates LLC.
The portfolio also included the following New York City property:
The Bronx: A six-story apartment building at 1164 Cromwell Avenue in the borough’s Concourse section built in 1926. With a gross building area of 69,969 square feet, the site encompasses 73 units. Owned by Penny Lane Realty LP.