J. Biernacki Acquires Multifamily Property In Jersey City From Vienna & Mark Timmins For $1.65M

138 Erie St, a multifamily property located in Jersey City, was recently sold in a closed transaction. The sale was facilitated by Marge Crimmins from Century 21 Preferred Realty. The property features 2 units spread over 2,800 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,650,000
• Address: 138 Erie St, Jersey City
• Market: Jersey City

J. Biernacki acquired the property from Vienna & Mark Timmins, the sellers. The asking price for the property was $1,700,000. With a price per unit (PPU) of $825,000, the sale price per square foot (PPSF) was recorded at $589.