Located in Jersey City, the multifamily property at 9 Magnolia Ave recently changed hands in a closed transaction. The property spans 4,000 square feet and consists of 2 units. The sale price for this transaction was $1,490,000, resulting in a per unit price of $745,000. The price per square foot for the property was calculated at $373. The transaction was facilitated by Tom Misuraca from KW City Life Realty, representing the buyer, and Ed Verdel, representing the seller.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,490,000
• Units: 2
• Price per Unit: $745,000
• Square Footage: 4,000
• Price per Square Foot: $373
• Market: Jersey City
• Buyer's Rep: Tom Misuraca - KW City Life Realty
• Seller's Rep: Ed Verdel

The deal was successfully closed thanks to the efforts of the buyer's representative, Tom Misuraca from KW City Life Realty, and the seller's representative, Ed Verdel. They played instrumental roles in ensuring a smooth transaction for all parties involved.