GMX LLC Sells Multifamily Property In Passaic For $5.35M With Rep Debbie Pomerantz - Gebroe-Hammer Associates

Located in Passaic, this multifamily property at 40-44 4th St was recently sold for a total price of $5,350,000. The transaction, which took place on 12/29/2022, involved 33 units, resulting in a price per unit of $162,121. The seller of the property was GMX LLC, with the sale facilitated by broker Debbie Pomerantz from Gebroe-Hammer Associates.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,350,000
• Address: 40-44 4th St
• Market: Passaic
• Units: 33
• Price per Unit: $162,121

The seller, GMX LLC, entrusted their property to be sold by Debbie Pomerantz, a representative from Gebroe-Hammer Associates. This deal highlights the successful partnership between the seller and their chosen broker, resulting in a favorable transaction for all parties involved.