The property involved in this transaction is a retail asset located at 1147 Nj-34, Strathmore, NJ, 07747. It is net-leased to Amboy Bank and encompasses a total square footage of 3,378. The transaction was completed for a price of $2,100,000. The market for this property is identified as Matawan.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,100,000.00
• Address: 1147 Nj-34, Strathmore, NJ, 07747
• Square Footage: 3,378
• Market: Matawan
• Buyer's Representative: Jason Petrick - Marcus & Millichap
• Buyer: Unknown
• Buyer Type: Out-of-state 1031 exchange buyer
• Deal Type: All-cash

Jason Petrick of Marcus & Millichap represented the buyer, a limited liability company, in this all-cash deal. The property is situated as an outparcel to a retail center anchored by grocer Stop & Shop in Aberdeen, a southern suburb of New York City.