Church Of God Prophecy Acquires Passaic Church From First Presbyterian Society For $750K

The Church of God Prophecy has acquired a church property located at 108 Washington Place in Passaic. The property, which is a church asset, was sold by the First Presbyterian Society. The transaction was facilitated by the CBRE team, consisting of David Bernhaut, Elli Klapper, Nicole Nannola, and Samuel Bernhaut. The sale took place on January 19, 2021.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $750,000
• Address: 108 Washington Place
• Market: Passaic
• Brokers: David Bernhaut, Elli Klapper, Nicole Nannola, and Samuel Bernhaut - CBRE

The church property spans approximately 12,790 square feet, resulting in a price per square foot of $59.