A 2.15-acre retail property located at 1104 and 1132 Route 46 West in Clifton was sold for $4,400,000. The asset comprises a total square footage of 19,602, translating to a price per square foot of $224. The retail space features a 15,640-square-foot center along with a restaurant outparcel, housing tenants such as Leslie Pools, Olive Bistro, CKO, and Liquor Locker.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,400,000
• Buyer: ALBI Properties LLC
• Seller: Balmar Realty LLC & Gohawir Realty 1096/1104 LLC
• Broker: Christopher Conway - Atlantic Coastal Real Estate
• Date of Sale: 11/19/2024

The transaction was facilitated by Christopher Conway representing Atlantic Coastal Real Estate, highlighting the brokerage's involvement in securing the deal. The buyer, ALBI Properties LLC, acquired the property from Balmar Realty LLC and Gohawir Realty 1096/1104 LLC, indicating a successful collaboration among all parties involved in this transaction.