Alena Ciccarelli Sells Multifamily Property At 201 Jane Street In Weehawken, NJ For $1.25M

Located at 201 Jane Street in Weehawken, NJ, this multifamily property was recently sold in a closed transaction. The property features a total of 3 units, with a spacious layout encompassing 3,294 square feet. The sale price of this investment property was $1,250,000, matching the initial asking price. With a price per unit of $416,667 and a price per square foot of $379, this property offers a promising investment opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 3
• Price per Unit: $416,667
• Square Footage: 3,294
• Price per Square Foot: $379
• Address: 201 Jane Street, Weehawken, NJ
• Market: Weehawken, NJ

Representing the seller in this transaction was Alena Ciccarelli from Christie's International Real Estate Northern New Jersey. The property received multiple offers and was successfully sold at the asking price of $1,250,000. This multifamily investment property presents a compelling opportunity with a CAP rate of 0.0648.