Marcus & Millichap Sells Newark Multifamily Property For $1.9M

Located at 144 Brunswick St in Newark, NJ, this multifamily property was recently sold in a closed transaction. The sale was handled by Jed Matricaria, a representative from Marcus & Millichap.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,925,000
• Number of Units: 18
• Price per Unit: $106,944
• Property Size: 18,600 square feet
• Price per Square Foot: $103

Jed Matricaria, from Marcus & Millichap, played a key role in facilitating this transaction. The property consists of 18 units and spans across 18,600 square feet. With a sale price of $1,925,000, each unit was valued at $106,944. Additionally, the price per square foot was $103.