SOLD
FM Ferrari Investments Acquires Multifamily Property In Englishtown, NJ For $29.9M
362 US-9
MultiFamily
Sold 1 year ago
Summary
Sale
NEW JERSEY
MultiFamily
The multifamily property located at 362 US-9 in Englishtown, NJ has been sold in a recent transaction. The property consists of 89 units and was sold by GRJ & Castellan Real Estate Partners. The buyer, F.M. Ferrari Investments, acquired the property for a total sale price of $29,900,000, resulting in an average price per unit of $335,955.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $29,900,000
Leading the deal were the brokers from JLL, including Michael Oliver, Jose Cruz, J.B. Bruno, Steve Simonelli, and Michael Zlotnick. Their expertise and representation played a crucial role in the successful completion of the transaction.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Michael Oliver, Jose Cruz, J.B. Bruno, Steve Simonelli, & Michael Zlotnick
DATE: 11/22/2022
ADDRESS: 362 US-9
MARKET: Englishtown, NJ
ASSET TYPE: Multifamily
BUYER: F.M. Ferrari Investments
SELLER: GRJ & Castellan Real Estate Partners
BROKERS: Michael Oliver, Jose Cruz, J.B. Bruno, Steve Simonelli, & Michael Zlotnick - JLL
SALE PRICE: $29,900,000
UNITS: 89 ~ PPU: $335,955View on map
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Address362 US-9
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