283 Main St LLC Acquires Multifamily Property In Ridgefield Park For $7.8M

283 Main Street, 115 Laurel St, and 155 Fourth St. in Ridgefield Park have been sold in a closed transaction. The multifamily property, spanning 24,600 square feet, was sold for a total of $7,800,000. The sale price per square foot was $317. The property consists of 45 units, with each unit costing approximately $173,333.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,800,000
• Address: 283 Main Street, 115 Laurel St, and 155 Fourth St.
• Market: Ridgefield Park

The buyer of 283 Main Street, 115 Laurel St, and 155 Fourth St. is 283 Main St LLC, while the seller is Forte Rosetti LLC. The transaction was facilitated by brokers Daniel Aviles from the Aviles Group and Casey Egan from Marcus & Millichap.