Jacob Spitzer Purchases Multifamily Property At 642 Avenue C Bayonne For $1.62M

The property asset involved in the transaction is a multifamily unit located at 642 Avenue C in Bayonne. The sale was completed at a price of $1,620,000 for a total of 8 units, equating to a price per unit of $202,500. The total square footage of the property is 6,750.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,620,000
• Units: 8
• Price Per Unit: $202,500
• Square Footage: 6,750
• Buyer: Jacob Spitzer
• Broker: David Ferber - Matthews
• Date of Sale: 01/09/2026
• Market: Bayonne

The buyer of the property is Jacob Spitzer, with David Ferber from Matthews acting as the broker representing the transaction. The involvement of these individuals highlights the professional connections pivotal to the completion of this sale in the multifamily real estate market.