RJ Block Properties Acquires Multifamily Property In Newark For $36.5M
New Jersey
See Similar DealsRJ Block Properties Acquires Multifamily Property In Newark For $36.5M
24 Jones Street, Newark, New Jersey 07103, United States
See Similar DealsSummary
Located at 24 Jones St in Newark, this multifamily property was recently sold in a transaction worth $36,500,000. The property consists of 152 units, with a per-unit price of $240,132. The sale was facilitated by brokers Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, Stuart MacKenzie, Eric Apfel, and Travis Langer from CBRE. RJ Block Properties acquired the property from Tucker Development.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $36,500,000
- Address: 24 Jones St, Newark
- Market: Newark
- Units: 152
- Price Per Unit: $240,132
The involvement of RJ Block Properties as the buyer and Tucker Development as the seller highlights the key individuals and companies in this transaction. CBRE brokers Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, Stuart MacKenzie, Eric Apfel, and Travis Langer played a crucial role in facilitating the deal on behalf of their respective clients.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want