Multifamily Property At 120 Jefferson Street In Hoboken Sold For $2.75M

The multifamily asset located at 120 Jefferson Street in the Hoboken market was sold for $2,750,000. This property consists of 8 units, with a price per unit of $343,750. The total square footage of the asset measures 5,250, resulting in a price per square foot of $523.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,750,000
• Units: 8
• Price Per Unit: $343,750
• Square Footage: 5,250
• Price Per Square Foot: $523
• Broker: Jason Trembicki - KW Commercial | TIP Commercial
• Date of Transaction: 02/04/2025

Jason Trembicki represented the seller in this multifamily property transaction, showcasing his role in facilitating the sale within the Hoboken market.