Gershon Adjaye Acquires Multifamily Property For $1.05M In Jersey City

The multifamily property located at 140 Grace St in Jersey City has been sold in a closed transaction. The property consists of 2 units with a total of 3,610 square feet. The asking price for the property was $995,000, and it was ultimately sold for $1,051,000. This results in a price per unit of $525,500 and a price per square foot of $291.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,051,000
• Units: 2
• Price per Unit: $525,500
• Square Footage: 3,610
• Price per Square Foot: $291
• Address: 140 Grace St, Jersey City
• Seller's Representative: Gershon Adjaye - Keller Williams Team Realty

Gershon Adjaye from Keller Williams Team Realty represented the seller in this transaction. The property attracted a sale price higher than the asking price, indicating strong market demand. The sale of this multifamily property at 140 Grace St in Jersey City highlights the success of the seller's representative in closing the deal at a favorable price.