Newbergenline LLC Acquires Retail Property In Avenel, NJ For $1M

A retail property located at 1076-1080 St George’s avenue in Avenel, NJ was recently sold for $1,000,000. The property spans 2,600 square feet, resulting in a price per square foot of $385. The transaction took place on July 13, 2021, and the buyer was Newbergenline LLC, represented by Chris Conway and David Choi. The seller of the property was the DiTunnariello Family. Christopher Conway, acting as the broker, facilitated the sale. The transaction was an all-cash deal.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,000,000
• Date: July 13, 2021
• Address: 1076-1080 St George’s avenue, Avenel, NJ
• Market: Avenel, NJ
• Buyer: Chris Conway & David Choi - Newbergenline LLC
• Seller: DiTunnariello Family
• Broker: Christopher Conway
• Square Footage: 2,600
• Price Per Square Foot: $385
• Note: All cash ✅

Chris Conway and David Choi, representing Newbergenline LLC, acquired the retail property located at 1076-1080 St George’s avenue in Avenel, NJ. The DiTunnariello Family served as the sellers in this transaction. Christopher Conway acted as the broker, facilitating the sale between the buyer and seller. The property was purchased for $1,000,000 in an all-cash deal. The retail space spans 2,600 square feet, resulting in a price per square foot of $385.