Mary Bianchi & Richard Gebbia Close Multifamily Sale In Seaside Heights For $1.05M

321 Grant Avenue in Seaside Heights was sold for $1,050,000, featuring a multi-family asset with six units across two buildings. The property offers a solid investment opportunity with fully occupied units, including recently renovated 4-bedroom and 2-bedroom apartments, along with on-site laundry facilities contributing to additional income streams.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,050,000
• Units: 6
• Price Per Unit: $175,000
• Square Footage: 4,986
• Price Per Square Foot: $211
• Address: 321 Grant Avenue
• Market: Seaside Heights

Mary Bianchi of Realty One Group Emerge represented the buyer in the transaction, while Richard Gebbia of NextHome Force Realty Partners represented the seller. This deal highlights the collaborative efforts of these two professionals in facilitating the sale of the multi-family property.