Saltbox LLC & Artemis Realty Acquires Land In Manalapan For $40M

The property involved in this transaction is a land located at 1260 South Ocean Boulevard in Manalapan. The sale took place on 04/01/2022, with the buyer being Saltbox LLC & Artemis Realty represented by Carolyn S. Nachmias, and the seller being Stewart A. Satter of Carnegie Hill Development. The buyer was represented by Jack Elkins from William Raveis Real Estate, while the seller was represented by Robert Preston from Carnegie Hill Realty. The transaction price for the sale was $40,000,000.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $40,000,000
• Address: 1260 South Ocean Boulevard, Manalapan
• Date: 04/01/2022
• Market: Manalapan

The key individuals and companies involved in this deal include Carolyn S. Nachmias representing Saltbox LLC & Artemis Realty as the buyer, and Stewart A. Satter representing Carnegie Hill Development as the seller. Jack Elkins from William Raveis Real Estate acted as the buyer's representative, while Robert Preston represented the seller from Carnegie Hill Realty.