Private Investor Purchases Property At 70 Pine St Montclair For $1.6 Million With Julienne Pape As The Broker

The transaction involved the sale of two six-unit apartment buildings located at 70 Pine St. and 108 Pine St. in Montclair, NJ. The total transaction price for the properties was $1,600,000.00. Both buildings have recently undergone renovations, enhancing their appeal in the Montclair market.

Summary of transaction details:

• Property Type: Apartment Buildings
• Transaction Amount: $1,600,000.00
• Address: 70 Pine St, Montclair, NJ, 07042
• Market: Montclair
• Buyer's Representative: Julienne Pape (Marcus & Millichap)
• Buyer: Private Investor
• Seller: Private Investor

Julienne Pape of Marcus & Millichap represented both the buyer and seller in this transaction. The buyers and sellers for this deal were both private investors, reflecting a transaction between knowledgeable entities in the real estate market.