Multifamily Property At 1-60 Park Drive In Clinton NJ Sold For $13.8M By Berkadia

The property asset located at 1-60 Park Drive in Clinton, NJ is a multifamily building with a sale price of $13,800,000. The asset comprises 60 units, with a total square footage of 60,000 and a price per unit of $230,000, translating to a price per square foot of $230.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $13,800,000
• Units: 60
• Square Footage: 60,000
• Price Per Unit: $230,000
• Price Per Square Foot: $230

Nat Gambuzza and Trevor Fiebel from Berkadia acted as brokers in this transaction, representing the parties involved in the deal.