Multifamily Property At 175 Van Winkle Avenue Sold For $1.248M In Jersey City

The property asset involved in the transaction is a multifamily building located at 175 Van Winkle Avenue in Jersey City. It was sold for $1,248,360 with an asking price of $1,050,000. The property encompasses a total of 2,703 square feet and consists of 3 units, resulting in a price per unit of $416,120 and a price per square foot of $461.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,248,360
• Asking Price: $1,050,000
• Units: 3
• Total Square Footage: 2,703
• Price per Unit: $416,120
• Price per Square Foot: $461

The transaction was facilitated by broker Reyes Cartagena from NextHome Prime, representing the parties involved in the deal.