Shape Equity Acquires Multifamily Property In Hoboken, NJ For $1.5M

The multifamily property located at 606 Bloomfield St in Hoboken, NJ has been sold in a recent transaction. The property spans 3,600 square feet and was listed for sale at an asking price of $1,650,000. The sale of the property was facilitated by Richard 'Tom' Crooks, a representative from Douglas Elliman, who assisted the buyer, Shape Equity, in acquiring the property. The seller, Maramonte Family, was represented by Giovanni Maramonte from Keller Williams Realty, Inc. Ultimately, the property was sold for $1,525,000, resulting in a price per square foot of $424.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,525,000
• Address: 606 Bloomfield St, Hoboken, NJ
• Market: Hoboken, NJ
• Buyer: Shape Equity
• Seller: Maramonte Family
• Buyer's Rep: Richard 'Tom' Crooks - Douglas Elliman
• Seller's Rep: Giovanni Maramonte - Keller Williams Realty, Inc

The involvement of Richard 'Tom' Crooks from Douglas Elliman and Giovanni Maramonte from Keller Williams Realty, Inc highlights the key individuals who played a role in this transaction. Shape Equity, represented by Richard 'Tom' Crooks, acted as the buyer, while the Maramonte Family, represented by Giovanni Maramonte, served as the seller. This successful sale demonstrates the expertise and professional support provided by the respective brokerage firms in facilitating the sale of the multifamily property in Hoboken, NJ.