Prominent Properties Sotheby's International Realty Acquires Montclair Multifamily For $4.85M

A multifamily property located at 191 Bellevue Avenue in Montclair was transacted, with a sale price of $4,850,000. The property consists of 21 units with an average price per unit of $230,952. The total square footage of the property is 15,852, resulting in a price per square foot of $306.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,850,000
• Units: 21
• Price per Unit: $230,952
• Square Footage: 15,852
• Price per Square Foot: $306
• Address: 191 Bellevue Avenue, Montclair
• Market: Montclair

The buyer in this transaction was represented by Sibel Oz of Prominent Properties Sotheby's International Realty, while the seller was represented by Christine Lane of Compass.

Note: Sibel Oz of Prominent Properties Sotheby's International Realty represented the buyer in this transaction, and Christine Lane of Compass represented the seller.