Steven Quach Acquires Multifamily Asset From Christopher Hilbert In Montclair For $3.55M

This multifamily property located at 10325 Lehigh Avenue in the Montclair market consists of 13 units and spans a total square footage of 12,701. The property was sold for $3,550,000, resulting in a price per unit of $273,077 and a price per square foot of $279.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,550,000
• Units: 13
• Square Footage: 12,701
• Price Per Unit: $273,077
• Price Per Square Foot: $279
• Buyer: Steven Quach
• Seller: Christopher Hilbert
• Brokers: Justino L. Fa’aola & Eric Chen - CBRE

In this transaction, brokers Justino L. Fa’aola and Eric Chen represented the parties involved in the sale. The transaction took place on December 26, 2024, encapsulating the dynamics of the market at that time.