Anthony Berardi Purchases Retail Asset From Melanie Donnelly In Sparta For $1.1M

This retail asset located at 37 Theatre Center in Sparta, New Jersey was successfully sold for $1,100,000. The property encompasses a total square footage of 20,680, leading to a price per square foot of $53. The transaction involved an environmentally challenged asset, which presented complexities during the sale process.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,100,000
• Buyer: Anthony Berardi
• Seller: Melanie Donnelly
• Broker: Dennis Giammetta - Newmark Associates
• Sale Date: 3/23/2025

Broker Dennis Giammetta successfully facilitated this off-market sale, connecting Anthony Berardi with seller Melanie Donnelly. The transaction was completed smoothly despite the environmental challenges associated with the property.