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Isaac Sebbag Of Golden Sky Equities Acquires Multifamily Property On Jersey Ave For $1.5M

Property Image
SOLD
$1,500,000

New Jersey

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MultiFamily8,002 SF
Sold 09/01/2021
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Property Image
SOLD

Isaac Sebbag Of Golden Sky Equities Acquires Multifamily Property On Jersey Ave For $1.5M

595 New Jersey Avenue, Brick, NJ 08724, USA

See Similar Deals
MultiFamily8,002 SF
Sold 09/01/2021
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$187
Total Square Footage:8,002 SF
Transaction Type:Sale

The multifamily property located at 595 Jersey Ave in Downtown, Jersey City, NJ has been sold for $1,500,000. The sale, which took place on 09/01/2021, involved four condominium units, totaling 3,500 square feet. Each unit has an average price of $375,000, while the price per square foot is $429. The buyer of the property is Isaac Sebbag, represented by Golden Sky Equities. The transaction was facilitated by broker Patrick Southern. The developer plans to renovate and resell the condo units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 595 Jersey Ave, Downtown, Jersey City, NJ
  • Date: 09/01/2021
  • Units: 4
  • Price per Unit: $375,000
  • Square Feet: 3,500
  • Price per Square Foot: $429

Isaac Sebbag, representing Golden Sky Equities, acquired the property located at 595 Jersey Ave. The deal was facilitated by broker Patrick Southern.

Players

Patrick Southern
19 deals$38.1M volume
BROKER

Isaac Sebbag
8 deals$29.7M volume
BUYER

Details

SOLD
IMAGE: Isaac Sebbag & Lauren Stangl (@LStangss) DATE: 09/01/2021 ADDRESS: 595 Jersey Ave MARKET: Downtown, Jersey City, NJ ASSET TYPE: Multifamily BUYER: Isaac Sebbag (@GoldcoastLivingNj) - Golden Sky Equities BROKER: Patrick Southern (@PropertiesbySouthern) SALE PRICE: $1,500,000 UNITS: 4 ~ PPU: $375,000 SF: 3,500 ~ PPSF: $429 NOTE: Sold as 4 condo units. Developer plans to renovate and resell.

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