The six-unit multifamily property located at 205 South Pearl Street in Red Bank was sold for $1,460,000. The property, which is only six years old, is fully rented and conveniently situated near the train station, downtown, and restaurants.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,460,000
• Units: 6
• Price Per Unit: $243,333
• Address: 205 South Pearl Street, Red Bank
• Market: Red Bank

Donna Falvo of Berkshire Hathaway HomeServices Fox & Roach represented the parties involved in the sale of the property at 205 South Pearl Street in Red Bank.