Keller Williams Realty Brokers Facilitate $2M Multifamily Sale In Jersey City

A multifamily property located at 217 1st Street in Jersey City has been sold for $2,000,000. The property consists of 4 units, with an average price per unit of $500,000. This multifamily asset spans a total area of 4,660 square feet, resulting in a price per square foot of $429.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Units: 4
• Price per Unit: $500,000
• Square Footage: 4,660
• Price per Square Foot: $429

The sale of this multifamily property was facilitated by Tom Misuraca & James Conticello of Keller Williams Realty.