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

Property Image
SOLD
$6,200,000

New Jersey

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Mixed-use26,000 SF
Sold 09/22/2022
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Property Image
SOLD

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

323 North Broad Street, Elizabeth, New Jersey 07201, United States

See Similar Deals
Mixed-use26,000 SF
Sold 09/22/2022
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Summary

NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$238
Total Square Footage:26,000 SF
Transaction Type:Sale

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.

Players

Jeff Squires
17 deals$280.4M volume
BROKER

Details

SOLD
IMAGE: Jeff Squires DATE: 09/22/2022 ADDRESS: 323 N Broad St MARKET: Elizabeth, NJ ASSET TYPE: Mixed-use BROKER: Jeff Squires (@Jeffreycraig80) - Kislak Company (@KislakCompany) SALE PRICE: $6,200,000 SF: 26,000 ~ PPSF: $238 NOTE FROM BROKER: Winfield Scott Tower is a 48-unit high-rise apartment building with 26,000 square feet of retail space at 323 North Broad Street in Elizabeth, Union County, New Jersey.

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