Real Estate Weekly, August 1, 2017

TOWN Residential has joined forces with AVENUE Residential, a leading Hoboken-based brokerage, serving Hoboken, Jersey City, Weehawken and surrounding areas.

With 13 successful transactions completed between the firms to date, and five agents dually licensed between the firms, the two will work together to service consumers and developers on both sides of the Hudson.

Founded in 2014 by Kristin Ehrgott, AVENUE Residential has over $200 million in sales to date, and an average sales price over $1 million. Currently AVENUE represents about $25 million in sales exclusives and is co-marketing a 278 unit waterfront condo building in West New York.

“It is only natural to formalize this association with New York’s leading luxury services firm. Our two markets are incredibly intertwined, and I look forward to collaborating,” shared Ehrgott. “The invaluable resources for our Representatives and the exposure for our listings will set us apart.”

TOWN Residential has a network of more than 2,400 professionals within more than 130 offices across five continents that include Fortune International Group in South Florida; Chestertons in London and the Middle East; Spain’s Gilmar; and the Fite Group Luxury Homes in Palm Beach, Florida. TOWN Residential is also a member of Who’s Who in Luxury Real Estate, a network of brokerages which transact within the top 10 percent of their market.