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New York & Tri-State  + New Jersey  + Apartments  |  July 16, 2025
Paul Bubny
By: Paul Bubny

Sage Completes Sale of Warren County Luxury Apartments for Woodmont

Sage Investment Real Estate Advisors finalized the $42.95-million sale of Woodmont Liberty Apartments, located at 2000 Woodmont Dr. in the Warren County community of Independence Township, NJ. Co-founding partners Steve Tragash and Greg Pine represented the seller, Woodmont Properties, and procured the unnamed buyer, a longtime client.

This marks the fourth disposition on behalf of Woodmont Properties handled by members of the SAGE team. Past sales transactions include Metropolitan Lofts in Downtown Morristown, a 20-apartment and 106-townhome community in South Amboy and an upscale 100-unit community in Bridgewater, all in New Jersey. 

“The sale of Woodmont Liberty Apartments underscores the robust demand for high-quality multifamily assets in well-located suburban markets,” said Tragash. “We’ve seen tremendous growth in areas throughout Warren County, which offers the perfect blend of lifestyle amenities and accessibility.”

Developed by Woodmont Properties and completed in 2023, the fully stabilized Woodmont Liberty features 120 high-design apartment rental units featuring one- and two-bedroom floorplans, smart-home technology and private balconies or patios in select units.

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Inside The Story

Sage Real Estate Advisors' Tragash

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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