Jove Juzmeski Acquires Multifamily Property From Steven Gelbtuch In Bayonne For $1.625M

This multifamily property located at 265 Avenue B in Bayonne has a sale price of $1,625,000. The asset features a total of 5,600 square feet and comprises 9 units, resulting in a price per unit of $180,555 and a price per square foot of $290.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,625,000
• Units: 9
• Square Footage: 5,600
• Price Per Unit: $180,555
• Price Per Square Foot: $290
• Buyer: Jove Juzmeski
• Seller: Steven Gelbtuch
• Broker: Steven Matovski - Redwood Realty Advisors
• Date of Sale: 01/31/2025

The transaction involved key individuals including buyer Jove Juzmeski, who acquired the property from seller Steven Gelbtuch. The deal was represented by broker Steven Matovski of Redwood Realty Advisors, facilitating the sale in the Bayonne market.