Ironbound Partners LLC Acquires Multifamily Property In Paterson, NJ For $2.9M

A multifamily property located at 773 E 19th St & 149-151 Warren St in Paterson, NJ, has been sold for a price of $2,865,000. The property consists of 22 units, with an average price per unit of $130,227. The total square footage of the property is 16,500, resulting in a price per square foot of $174.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,865,000
• Units: 22
• Price per Unit: $130,227
• Square Footage: 16,500
• Price per Square Foot: $174

The buyer of the property is Ironbound Partners LLC. The sale was facilitated by brokers Tarang Ramani and Jerry Joseph, who represented both the buyer and the seller in this transaction.