Kushner expands in Long Branch with $4.15M purchase of two properties

By Emily Bader
Long Branch | Aug 17, 2018 at 10:15 am

Woodbridge-based The Kislak Company Inc. announced Thursday the recent off-market sale of two properties in Long Branch to an affiliate of New York City-based Kushner that completed an oceanfront corner next to Pier Village.

The deals include the $2.7 million sale of 176 Ocean Ave., an oceanfront single family home with a guest house, and the $1.45 million sale of 34 Morris Ave., another single family home. Both properties border the former Ocean Court Motel, which is at the corner of Ocean Avenue and Morris Avenue.

Jason Pucci, Kislak’s chief operating officer, and Jeffrey Wiener, senior vice president, handled the sales.

“These properties are a natural fit for Kushner given their oceanfront location just south of Pier Village,” Pucci said. “Over the past 30 years, Jeff Wiener, our colleagues and I have done more than 70 deals with Kushner and we are pleased to assist with their expansion in Long Branch.”

The sellers of the 176 Ocean and 34 Morris are an undisclosed company and a private individual, respectively.

The seller of 176 Ocean was represented by R. Jerome Jabbour, Esq. and the seller of 34 Morris was represented by Robert Witek, Esq. of Resnikoff & Witek. The buyer was represented by Alan Hammer, Esq., Brian Peykar, Esq., and Jeffrey Itzkowitz, Esq. of Brach Eichler LLC.

Kusner is an owner of Pier Village.

Emily Bader | ebader@roi-nj.com | emilybader