Samir Kapadia Acquires Multifamily Property In Jersey City For $950K

The multifamily property located at 167 Hutton St in Jersey City has been sold for $950,000. The transaction took place on January 10, 2022. This property consists of 2 units, with a price per unit of $475,000. The total square footage of the property is 2,600, resulting in a price per square foot of $365. The buyer is Samir Kapadia, while the seller is The Meleo Trust. The deal was facilitated by Enrico Meleo from Exp Realty.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $950,000
• Units: 2
• Price Per Unit: $475,000
• Square Footage: 2,600
• Price Per Square Foot: $365
• Address: 167 Hutton St, Jersey City
• Buyer: Samir Kapadia
• Seller: The Meleo Trust
• Broker: Enrico Meleo - Exp Realty

Enrico Meleo, representing Exp Realty, facilitated the sale of this multifamily property. The transaction showcases the demand for properties in Jersey City's market and highlights the successful collaboration between the buyer, seller, and brokerage.