Isaac Sebbag Purchases Multifamily Asset From Chris Baker For $2.025M In Hackettstown

The property involved in this transaction is a multifamily asset located at 56 Lupine Lane in Hackettstown. The sale price is $2,025,000, and it comprises 30 units with a total square footage of 36,000. The price per unit is $67,500, and the price per square foot is $56.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,025,000
• Buyer: Isaac Sebbag
• Seller: Chris Baker
• Broker: Matt Weilheimer - Kislak
• Units: 30
• Square Footage: 36,000
• Price Per Unit: $67,500
• Price Per Square Foot: $56
• Date of Sale: 12/12/2024
• Market: Hackettstown

Isaac Sebbag represents Golden Sky Equities, which has expressed pride in acquiring this affordable townhome package from the original developer. This purchase marks their second affordable acquisition this year, and they anticipate closing additional transactions in 2025.