SOLD
Marcus & Millichap Sells Lyndhurst Diner Redevelopment In Lyndhurst, New Jersey For $2.9M
540 Riverside Avenue
Retail
Sold 192 days ago
Summary
Sale
NEW JERSEY
Retail
A retail property located at 540 Riverside Avenue in Lyndhurst, New Jersey, has been sold for $2.9 million. The property spans 1.07 acres and is strategically positioned at a prime intersection in Bergen County. The sale attracted multiple developer bids and was ultimately acquired by an investor involved in a 1031 exchange.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 540 Riverside Avenue, Lyndhurst, New Jersey
- Market: Lyndhurst, Bergen County
- Size: 1.07 acres
- Brokers: Alan Cafiero, David Cafiero, and John Moroz of Marcus & Millichap
Marcus & Millichap represented the sellers in the transaction. Alan Cafiero, David Cafiero, and John Moroz served as the brokers from Marcus & Millichap who facilitated the sale. Their expertise and negotiation skills contributed to the successful completion of the deal.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Alan Cafiero, David Cafiero & John Moroz
DATE: 10/23/2023
ADDRESS: 540 Riverside Avenue
MARKET: Lyndhurst
ASSET TYPE: Retail ~ ACRES: 1.07
BROKERS: Alan Cafiero (@Hoxrule3), David Cafiero & John Moroz - Marcus & Millichap (@MarcusMillichapinc)
SALE PRICE: $2,900,000
NOTE: Marcus & Millichap has sold the Lyndhurst Diner Redevelopment in Lyndhurst, New Jersey, for $2.9 million. The property, strategically located at a prime intersection in Bergen County, attracted multiple developer bids and was acquired by an investor involved in a 1031 exchange.View on map
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Address540 Riverside Avenue
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