BlueGate Partners has closed on the sale of The Mint, a luxury 225-unit transit-oriented apartment community located in Rahway, New Jersey one block from the Rahway NJ Transit train station and one-half mile from Merck’s US headquarters.The Project was built in two phases and with a unit mix that includes studio, one-bedroom, and two-bedroom units. In addition to 225 apartment homes, the Property contains 5,757 SF of ground-floor commercial space.
Located in Rahway’s revitalized downtown Arts District, The Mint is surrounded by fine dining, an eclectic retail community, art galleries, entertainment venues, and a strong essence of community. In addition to the rail transportation, the property benefits from excellent access to New Jersey’s highway systems, including the New Jersey Turnpike (I-95), the Garden State Parkway, Routes 1 & 9 and Route 287. Both business and leisure travelers will also enjoy proximity to Amtrak (~4 miles), Newark Liberty international Airport (~9 miles) and the Jersey Shore (~30 miles).
