Mello Burns Purchases Montclair Multifamily Property For $1.4M

A multifamily property located at 52 North Willow Street in Montclair has been sold for a total price of $1,405,000. The property consists of 2 units, with a price per unit of $702,500. The total square footage of the property is 3,800, resulting in a price per square foot of $370.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,405,000
• Units: 2
• Price per Unit: $702,500
• Square Footage: 3,800
• Price per Square Foot: $370

The buyer of the property is Mello Burns, while the seller is Life Long Investment. Juaquanna Gaines from Essential Real Estate represented the buyer, and Troy Sims, also from Essential Real Estate, represented the seller in the transaction.