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Aspen Court Partners LLC Acquires Medical Office Center In Eatontown For $8.05M

Property Image
SOLD
$8,050,000
Seth Goldberg
Brent Hyldahl
Alan Cafiero

New Jersey

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Medical Office27,965 SF
Sold 05/27/2025
the dealplayerscompscontact
Property Image
SOLD

Aspen Court Partners LLC Acquires Medical Office Center In Eatontown For $8.05M

142 Main Street

See Similar Deals
Medical Office27,965 SF
Sold 05/27/2025
Seth Goldberg
Brent Hyldahl
Alan Cafiero
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:Medical Office
Price Per Square Foot:$287
Total Square Footage:27,965 SF
Transaction Type:Sale

142 NJ-35 is a medical office asset located in Eatontown, NJ, encompassing an area of 1.65 acres. The property has a total square footage of 27,965 and was sold for $8,050,000, resulting in a price per square foot of $288.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $8,050,000
  • Address: 142 NJ-35
  • Market: Eatontown
  • Square Footage: 27,965
  • Price per Square Foot: $288
  • Buyer: Aspen Court Partners LLC
  • Seller: PB7 Associates
  • Brokers: Alan Cafiero, Brent Hyldahl & Seth Goldberg - Marcus & Millichap

The transaction involved representation by Brent Hyldahl, Alan Cafiero, and Seth Goldberg as brokers from Marcus & Millichap, who facilitated the sale of the fully leased medical office center, Aspen Court, from seller PB7 Associates to buyer Aspen Court Partners LLC.

Players

Brent Hyldahl
Marcus & Millichap
Brent Hyldahl
57 deals$436.2M volume(201) 742-6116
BROKER
Alan Cafiero
Marcus & Millichap
Alan Cafiero
100 deals$763.8M volume(201) 240-7367
BROKER
Seth Goldberg
Marcus & Millichap
Seth Goldberg
21 deals$236.7M volume
BROKER

Details

SOLD
IMAGE: Alan Cafiero, Brent Hyldahl & Seth Goldberg DATE: 05/27/2025 ADDRESS: 142 NJ-35 MARKET: Eatontown ASSET TYPE: Medical Office ~ ACRES: 1.65 BUYER: Aspen Court Partners LLC SELLER: PB7 Associates BROKERS: Alan Cafiero (@Hoxrule3), Brent Hyldahl & Seth Goldberg (@SGoldberg__) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $8,050,000 SF: 27,965 ~ PPSF: $288 NOTE: Marcus & Millichap brokered the $8.05M sale of Aspen Court, a fully leased 27,965 SF medical office center at 142 NJ-35 in Eatontown, NJ. The seller, PB7 Associates, was represented by Brent Hyldahl, Alan Cafiero, and Seth Goldberg, with Aspen Court Partners LLC as the buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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