SOLD
The Kislak Company, Inc Acquires Multifamily Property In Newark For $5.3M
1 & 2 Noll Place & 532 Sanford Avenue
MultiFamily
Sold 1 year ago
Summary
Sale
NEW JERSEY
MultiFamily
Two multifamily properties located at 1 & 2 Noll Place and 532 Sanford Avenue in Newark have been sold for a total price of $5,300,000. The sale was facilitated by Michael Salomon, Don Baxter, and Michael Kossak of The Kislak Company, Inc. The transaction took place on March 16, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,300,000
- Number of Units: 45
- Price Per Unit: $117,778
- Address: 1 & 2 Noll Place, 532 Sanford Avenue
- Market: Newark
The two properties consist of a total of 44 residential units and 1 retail space. The transaction between the buyer and seller was represented by Michael Salomon, Don Baxter, and Michael Kossak from The Kislak Company, Inc.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Michael Salomon, Don Baxter & Michael Kossak
DATE: 03/16/2022
ADDRESS: 1 & 2 Noll Place & 532 Sanford Avenue
MARKET: Newark
ASSET TYPE: Multifamily
BROKERS: Michael Salomon (@MSalomon29), Don Baxter (@RunninPenguin) & Michael Kossak (@MikeKossak) - The Kislak Company, Inc
SALE PRICE: $5,300,000
UNITS: 45 ~ PPU: $117,778
NOTE FROM BROKER: 44 residential units and 1 retail.View on map
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Address1 & 2 Noll Place & 532 Sanford Avenue
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