Richard Kocher Acquires Development Site From Anthony Maglori In Jersey City For $1.95M

The property asset involved in this transaction is a development site located at 475 Newark Avenue in Jersey City. The sale price for this asset was $1,950,000, with a total area of 4,612 square feet, resulting in a price per square foot of $422.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,950,000
• Address: 475 Newark Avenue
• Market: Jersey City
• Square Footage: 4,612
• Price Per Square Foot: $422
• Buyer: Richard Kocher
• Seller: Anthony Maglori
• Broker's Representative for Buyer: Jason Trembicki - KW Commercial
• Broker's Representative for Seller: Tom Misuraca - Keller Williams Realty

This transaction involved Richard Kocher as the buyer and Anthony Maglori as the seller. The deal was facilitated by Jason Trembicki representing the buyer from KW Commercial and Tom Misuraca representing the seller from Keller Williams Realty.