President Robert Holland & Managing Director Jeff Squires Arrange Exclusive Sale of 36 Units in Garwood
Woodbridge, N.J., October 22, 2025 — The Kislak Company, Inc. announced the recent sale of Stephanie Gardens, a 36-unit multifamily property at 72 3rd Avenue in Garwood, Union County, New Jersey, for $6,600,000.
Kislak marketed the property on an exclusive basis with president Robert Holland and managing director Jeff Squires handling the assignment on behalf of the longtime owner, Garwood Associates, LP. They also procured the purchaser, Garwood Gardens, LLC. Kislak previously sold several other multifamily properties for the owner in nearby Summit and Cranford.
Remarking on the unique aspects of this transaction, Mr. Squires said, “Stephanie Gardens, owned, managed and immaculately maintained by the same owner for several decades, was an incredibly desirable property due to its favorable location and future potential. We were able to quickly generate several competitive offers and the property ultimately sold above asking price with minimal contract contingencies.”
Built in 1973, the property consists of a three-story brick garden complex with 32 one-bedroom, and 4 two-bedroom apartments. Well-maintained interiors include carpeted floors, ample light, individual AC units and microwave appliances with a pretty, cleanly-landscaped exterior. Amenities include laundry room, exercise room and garages available for rent with smoothly paved access.
Minutes from Westfield, the property is set in the midst of many eateries and parks of Garwood, and is just blocks from the nearest bus stop, middle school, supermarket, and the town train station. As a suburb of New York City, only 22 miles away by car, Garwood is attractive to young professionals and families and offers a strong public school system.
The new owner plans to further improve the building by continuing with various renovations.
Robert Holland joined Kislak in 1984, is one of the firm’s all-time leading sales producers and became President in 2012. In addition to overseeing the company and managing a team of salespeople, he specializes in the sale of multifamily and other investment properties with a primary focus in central and eastern Pennsylvania.
Jeff Squires joined Kislak in 2007 and specializes in the sale of multifamily and other investment properties throughout northern New Jersey. Consistently among Kislak’s leading salespeople, he received the firm’s 2008 Rookie of the Year award, 2012 Sima Kislak Jelin Salesperson of the Year award and 2014 and 2016 Producer of the Year award. He was promoted to a managing director in 2024.
About The Kislak Company, Inc.
The Kislak Company, Inc., which is headquartered in Woodbridge, New Jersey, is a leading commercial real estate brokerage firm consistently recognized for its investment sales success. Established in 1906, Kislak’s market leadership position and longevity are due to its ability to offer clients a personalized, hands-on approach, coupled with the unrivaled expertise of its long-tenured team of professionals. Kislak’s prestigious client base includes individual investors and owners, partnerships, financial institutions, and REITs. The firm’s professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Delaware, and Florida.
Now in its 119th year, Kislak was among a select group of firms recognized as a 2024 Power Broker by CoStar Group, Inc. and this was the firm’s 19th consecutive recognition. Kislak was also named by NJBIZ as a 2024 Leader in Real Estate, Construction and Design and this was the firm’s third recent recognition.
