The multifamily property located at 181-187 Grand Avenue in Hackensack, NJ was recently sold for $2,100,000. This property consists of 12 units with a price per unit of $175,000. The total square footage of the property is 4,800, translating to a price per square foot of $438.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Units: 12
• Price Per Unit: $175,000
• Square Footage: 4,800
• Price Per Square Foot: $438
• Address: 181-187 Grand Avenue, Hackensack, NJ
• Market: Hackensack, NJ

The sale of this multifamily property was facilitated by brokers Joseph Spinella and Cole Malinowski from KW Commercial, along with Henry Eisenstein from EXP Realty. Glenn Polasky acquired the property from the seller, Ramzy Azui, at a price that reflects the property's value and potential in the market.