Berkshire Hathaway HomeServices Acquires SFR In Spring Lake For $6.3M

The recently closed property transaction in Spring Lake involved a Single Family Residential (SFR) asset located at 2216 1st Ave. The property spans approximately 7,100 square feet and was sold for a total price of $6,300,000, resulting in a price-per-square-foot (PPSF) value of $887. The transaction took place on January 26, 2021.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $6,300,000
• Square Footage: 7,100
• Price per Square Foot (PPSF): $887
• Address: 2216 1st Ave
• Market: Spring Lake

Patrick Butera from Berkshire Hathaway HomeServices New Jersey Properties represented the buyer in this transaction. On the seller's side, Shawn Clayton from Clayton & Clayton Inc. Realtors acted as the seller's representative. Both parties played a crucial role in facilitating the successful completion of the deal.