Kislak Acquires 29-Unit Luxury Multifamily Development In Morristown, NJ For $6.8M

68–74 Ridgedale Avenue

MultiFamily

Sold 123 days ago

Summary

Sale

NEW JERSEY

MultiFamily

This is a 29-unit mid-construction luxury multifamily development located at 68–74 Ridgedale Avenue in Morristown, NJ. The property was sold for $6,800,000, with a per-unit price of $234,483.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $6,800,000
Units: 29
Price Per Unit: $234,483
Broker: Joseph Keenan - Kislak

The mid-construction luxury multifamily development was sold in Morristown, NJ. Joseph Keenan from Kislak represented the parties involved in the transaction.

Players

All
2

Agents
1
Agencies
1

Joseph Keenan

Senior Vice President

$86.9M Sold

Kislak

Details

Deal Summary

SOLD

IMAGE: Joseph Keenan DATE: 12/22/2023 ADDRESS: 68–74 Ridgedale Avenue MARKET: Morristown, NJ ASSET TYPE: Multifamily BROKER: Joseph Keenan (@JKeenanre) - Kislak (@KislakCompany) SALE PRICE: $6,800,000 UNITS: 29 ~ PPU: $234,483 NOTE FROM BROKER: This is a 29 unit, mid-construction luxury multifamily development.

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Address68–74 Ridgedale Avenue

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