Amy Liao Of Summit Avenue Realtors Represents Buyer In $1.45M Jersey City Multifamily Sale

A multifamily property located at 222 4th Street in downtown Jersey City has sold for $1,450,000. The property generates a high rental income of $7,150 per month and presents the potential for expansion from 2 to 4 units. It features exposed brick, hardwood floors, and provides shared backyard access, with tenants under new leases starting July 2023.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,450,000
• Address: 222 4th Street
• Market: Jersey City
• Buyer's Representative: Amy Liao - Summit Avenue Realtors
• Seller's Representative: Melissa Caro - Boutique Realty

Both representatives played crucial roles in this transaction. Amy Liao worked on behalf of the buyer while Melissa Caro represented the seller, facilitating the transfer of ownership of this income-generating property.