E.V.P. Joni Sweetwood Arranges Exclusive Sale of The Alivia

Woodbridge, N.J., July 1, 2021 – The Kislak Company, Inc. announced the recent sale of The Alivia, a newly-constructed 20-unit luxury apartment building located at 479 Valley Street in Maplewood, Essex County, New Jersey, for $7,600,000.

Kislak marketed the property on an exclusive basis on behalf of the builder and seller, 479 Valley Road, LLC, an affiliate of a longtime client, with Executive Vice President Joni Sweetwood handling the assignment. Ms. Sweetwood also procured the purchaser, Sunblossom Alivia 479, LLC, an affiliate of a locally based owner with a strong presence in the market, which is also a longtime client.

Commenting on the transaction, Ms. Sweetwood said: “This is superior quality construction in a desirable transit-oriented location. The purchaser will do well with this property, and it complements the other nearby properties in their portfolio.

The Alivia is a four-story, luxury, elevator apartment building with 20 units, garage parking and several amenity areas. Completed in 2019 with condo-quality finishes, the building includes 10 one-bedroom units, nine two-bedroom units and one three-bedroom unit. Eighteen of the units are market rate and two of them are affordable.

Apartment highlights include balconies in select units, modern kitchens and bathrooms with heated floors and spa showers, full size washers and dryers, large walk-in closets, and a central vacuum system. Tenants are responsible for all utilities except water.

Amenities include a state-of-the-art fitness center, on-site office, luxurious lounge with outdoor space, gated and covered parking, a virtual concierge and security system, and storage lockers.

The Alivia is ideally located a short walk from downtown Maplewood and neighboring South Orange, each with direct train service to and from New York City, and across from Columbia High School, which serves the South Orange-Maplewood School District. The sister communities are among the most desirable in New Jersey with many former New York City residents opting for the picturesque and diverse suburban communities that offer easy access to and from the city. Maplewood has also been recognized as the having the best downtown in New Jersey by New Jersey Monthly Magazine given its shops, art scene and notable restaurants.

Ms. Sweetwood joined Kislak in 1996 and is one of the firm’s all-time leading salespeople. She has won numerous sales awards, including the Sima Kislak Jelin Salesperson of the Year award in 2010 and the firm’s production award multiple times since then, most recently in 2018, and has been recognized repeatedly as one of New Jersey’s Commercial Brokerage All Stars and the Mid Atlantic Real Estate Journal’s Executive Women in Business.