Dino Tomassetti Jr Acquires Storage Property In Boonton, NJ For $5.6M

The storage facility located at 300 Myrtle Ave in Boonton, NJ has been sold in a recent transaction. The property spans across 89,435 square feet with a price per square foot of $63. The sale took place on 12/15/2021, with a sale price of $5,600,000. The asset was on the market for a listed asking price of $6,500,000.

Summary of transaction details

• Property Type: Storage
• Transaction Amount: $5,600,000
• Address: 300 Myrtle Ave, Boonton, NJ
• Market: Boonton, NJ

The buyer of the property was Dino Tomassetti Jr, while the seller was Edward Malavarca. The transaction was facilitated by brokers Joseph Ash, Isaac Setton, and Bunny Escava from Kassin Sabbagh Realty.