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Marcus & Millichap Brokers Sell Development Site In Dunellen, New Jersey For $2.2M

Property Image
SOLD
$2,200,000
Jason Petrick
Chez Eider

New Jersey

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Development Site27,443 SF
Sold 06/02/2022
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Brokers Sell Development Site In Dunellen, New Jersey For $2.2M

520 North Avenue, Dunellen, New Jersey 08812, United States

See Similar Deals
Development Site27,443 SF
Sold 06/02/2022
Jason Petrick
Chez Eider
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Development Site
Price Per Square Foot:$80
Total Square Footage:27,443 SF
Transaction Type:Sale

A development site located at 520 North Ave in Dunellen, New Jersey was recently sold for $2,200,000. The property spans 27,443 square feet and has a price per square foot of $80. The sale price per buildable square foot is $51, based on a total buildable square footage of 43,247. The transaction took place on June 2, 2022.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,200,000
  • Address: 520 North Ave, Dunellen, New Jersey
  • Market: Dunellen, New Jersey

The sale of the development site at 520 North Ave was facilitated by Chez Eider and Jason Petrick from Marcus & Millichap. They acted as the brokers in the transaction, representing the buyer and seller. The involvement of these key individuals from Marcus & Millichap showcases their expertise in successfully closing deals in the Dunellen market.

Players

Chez Eider
Marcus & Millichap
Chez Eider
12 deals$122.7M volume(201) 742-6177
BROKER
Jason Petrick
Marcus & Millichap
Jason Petrick
6 deals$19.5M volume
BROKER

Details

SOLD
IMAGE: Chez Eider & Jason Petrick DATE: 06/02/2022 ADDRESS: 520 North Ave MARKET: Dunellen, New Jersey ASSET TYPE: Development Site BROKERS: Chez Eider (@ChezEider) & Jason Petrick - Marcus & Millichap SALE PRICE: $2,200,000 BSF: 43,247 ~ PPBSF: $51 SF: 27,443 ~ PPSF: $80

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