Redwood Realty Advisors Facilitates $6.9M Sale Of Multifamily Assets In Jersey City, NJ

A multifamily property located at 384 Bergen Avenue, 185 Union Street, 401-403 Central Avenue, and 15 Marion Place in Jersey City, NJ, was recently sold for a total price of $6,930,000. The property consists of 45 units, resulting in a price per unit of $154,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,930,000
• Units: 45
• Price per Unit: $154,000

The sale of this multifamily property was facilitated by Steven Matovski and Chris Nendze from Redwood Realty Advisors.