A four-unit multi-family property located at 216 Cambridge Avenue in Jersey City has been sold for $1.225 million. The property consists of one 4-bedroom, one 2-bedroom, one 2-bedroom, and one 1-bedroom apartment. It includes a new roof and has undergone recent renovations. The price per unit is $306,250, and there is a potential assumable mortgage at an interest rate of 3.5%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,225,000
• Units: 4
• Price Per Unit: $306,250
• Address: 216 Cambridge Avenue
• Market: Jersey City

The broker representing the transaction is Tereza Timo Roth from Realty One Group Central, who facilitated the sale of the property.