Marcus & Millichap Brokers Sell Multifamily Property In Newark, NJ For $5.2M

The multifamily property located at 73-87 4th Avenue in Newark, NJ was recently sold for a total price of $5,200,000. The property spans a total of 20,086 square feet, resulting in a price per square foot of $259.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,200,000
• Address: 73-87 4th Avenue, Newark, NJ
• Market: Newark, NJ

The sale of this multifamily property was facilitated by Richard Gatto, Fahri Ozturk, and Jed Matricaria from Marcus & Millichap. They represented the parties involved in the transaction and played a crucial role in ensuring its successful completion.