Jeff Squires Of Kislak Company Brokers $6.2M Sale Of Mixed-Use Property In Elizabeth, NJ

Winfield Scott Tower, a mixed-use property located at 323 N Broad St in Elizabeth, NJ, was recently sold for $6,200,000. This transaction took place on September 22, 2022. The property consists of a 48-unit high-rise apartment building with 26,000 square feet of retail space. The sale price equates to a price per square foot of $238.

Summary of Transaction Details:

• Property Type: Mixed-use
• Transaction Amount: $6,200,000
• Square Footage: 26,000
• Price per Square Foot: $238
• Address: 323 N Broad St, Elizabeth, NJ
• Market: Elizabeth, NJ

The sale of Winfield Scott Tower was facilitated by Jeff Squires from the Kislak Company. Jeff Squires represented the buyer and/or seller in this transaction. This high-rise apartment building with retail space offers a prime investment opportunity in Union County, New Jersey. The property's location on North Broad Street adds to its desirability and potential for growth in the local market.