Multifamily Property At 237 7th Street Jersey City Sold For $1.54 Million With Derek Eisenberg As The Broker

The multi-family home located at 237 7th Street, Jersey City, sold for $1.54 million. This property consists of three apartments and features a large private backyard. It is situated in the desirable Hamilton Park area and holds potential for renovation and expansion, with a per-unit price of $513,333.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,540,000
• Units: 3
• Price Per Unit: $513,333
• Broker: Derek Eisenberg - Continental Real Estate Group
• Date of Transaction: 07/31/2024

Derek Eisenberg from Continental Real Estate Group represented the transaction. The deal was finalized in a competitive real estate market in Jersey City, highlighting the demand for multi-family units in the area.