facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

22 30 South Munn Avenue

AJ Shaha Purchases Multifamily Asset In East Orange From Cliff Corrall And Josh Kahr For $9.35M
SOLDMultiFamily

AJ Shaha Purchases Multifamily Asset In East Orange From Cliff Corrall And Josh Kahr For $9.35M

22 30 South Munn Avenue

$9,350,000

$205/SF

Building Size

45,588 SF

Asset Type

MultiFamily

Closing

Dec 17, 2025

AI

The property involved in this transaction is a multifamily asset located at 22-30 South Munn Avenue in East Orange. The sale price for the property was $9,350,000. The asset encompasses a total square footage of 45,588, and it includes 50 units, resulting in a price per square foot of $205 and a price per unit of $187,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,350,000
  • Address: 22-30 South Munn Avenue
  • Market: East Orange
  • Square Footage: 45,588
  • Units: 50
  • Price per Square Foot: $205
  • Price per Unit: $187,000
  • Buyer: AJ Shaha
  • Seller: Cliff Corrall & Josh Kahr
  • Broker Representatives: Adam Zweibel & Nicholas Favorito - Hudson Atlantic Realty

AJ Shaha is the buyer in this transaction, while the sellers, Cliff Corrall and Josh Kahr, facilitated the deal. It was brokered by Adam Zweibel and Nicholas Favorito from Hudson Atlantic Realty, representing the interests of the buyer and seller in this multifamily real estate transaction.

Players

Adam Zweibel

Hudson Atlantic Realty

Broker

$400.1M

vol

26 deals

Broker
Hudson Atlantic Realty
Hudson Atlantic RealtyBrokerage

East Orange MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93