S.V.P. Don Baxter & V.P. Michael Salomon Arrange Exclusive Sale of 20 Apartments with Separate Parking Lot in Essex County

Woodbridge, N.J., September 2, 2026 – The Kislak Company, Inc. announced the recent sale of two multifamily properties in East Orange, Essex County, New Jersey, for $3,575,000. The sales included a 12-unit property at 5 Harvard Street and an eight-unit property at 82 South Harrison Street. An additional lot used for parking at 118 South Clinton Street was also included.

Kislak marketed the properties on exclusive basis with senior vice president Don Baxter and vice president Michael Salomon handling the assignment on behalf of the sellers, 5 Harvard Street, LLC and 82 South Harrison EO, LLC, and they also procured the purchaser, which was not disclosed.

5 Harvard Street consists of a four-story brick apartment building with 12 spacious units along with a 0.31-acre parking lot directly across the property on South Clinton Street for dedicated tenant parking. Apartments feature renovated kitchens with shaker-style cabinetry, quartz countertops, subway tile backsplashes and modern appliances, updated bathrooms with contemporary fixtures, new flooring, and generous living spaces. Tenants are responsible for their own gas, electric, heat, and hot water.

82 South Harrison Street is a four-story brick apartment building containing eight large units with on-site parking. The property offers significant upside in rental income. Tenants are responsible for their own electric and gas, including heat and hot water, while the landlord pays for water.

Mr. Baxter commented, “Multifamily properties continue to be the investment of choice especially during periods of economic uncertainty. Demand remains exceptionally strong as inventory across northern New Jersey remains limited, supporting aggressive pricing for well-located apartments. Owners who have been considering selling recognize that today’s combination of strong buyer demand and constrained supply presents a compelling opportunity.”

Located in East Orange, the properties benefit from immediate access to major transportation corridors, including Interstate 280, the Garden State Parkway, and the New Jersey Turnpike. The area is also served by multiple NJ Transit rail stations offering direct service to Newark and New York City, making it an attractive location for commuters. Continued public and private investment throughout Essex County has strengthened investor confidence in well-positioned multifamily assets, particularly those offering value-add potential and stable in-place occupancy.

Don Baxter joined Kislak in 2006 and specializes in the sale of multifamily and other investment properties throughout New Jersey. Since joining Kislak, he has been ranked as one of the firm’s top-producing salespeople, earning “Salesperson of the Year” honors and building a reputation for managing high-stakes, complex transactions. Known for his “coach’s mindset” and a relentless work ethic, mirrored in his personal life as an avid ultramarathon runner, Baxter brings a level of persistence and grit that is essential for an assignment of this magnitude.

Michael Salomon joined Kislak in 2013 and also specializes in the sale of multifamily and other investment properties in northern New Jersey. He holds a Bachelor of Science in Business Administration from the University of Hartford and is a member of the New Jersey Apartment Association and the Property Owners Association of New Jersey. His recent sales total more than $50 million.

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 thirty-five professionals provide comprehensive market coverage throughout New Jersey, New York, Pennsylvania, Delaware and Florida.

Now in its 120th year, Kislak was among a select group of firms recognized as a 2025 Power Broker by CoStar Group, Inc. and this was the firm’s 18th consecutive recognition. For the second consecutive year, Kislak was named by NJBIZ as one of its Leaders in Real Estate, Construction and Design in New Jersey.