Filipe Santos Purchases Multifamily Asset From Jaime And Joseph Matarazzo For $1.4 Million

The property involved in this transaction is a multifamily asset located at 2 East Washington Avenue in New Jersey. The sale price was $1,400,000, comprising 15 units. The property covers a total area of 8,400 square feet, resulting in a per-unit price of $93,333 and a price per square foot of $166.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Units: 15
• Square Feet: 8,400
• Price Per Unit: $93,333
• Price Per Square Foot: $166
• Buyer: Filipe Santos
• Seller: Jaime and Joseph Matarazzo
• Broker: Jeffery Fiedler - Fiedler Real Estate

The key individuals in this transaction include the buyer, Filipe Santos, who acquired the property, and the sellers, Jaime and Joseph Matarazzo, who facilitated the sale. The broker representing this transaction is Jeffery Fiedler from Fiedler Real Estate, who played a crucial role in bringing the parties together for the deal.