Stone Harbor Home Sells For $12M With Nicholas Giuffre - Compass As The Broker

A record-breaking closed transaction took place in Stone Harbor, New Jersey as a buyer purchased a 4,700-square-foot single-family home for $12 million. The property, located at 8808 1st Avenue, features five bedrooms, six bathrooms, an in-ground pool, and a spacious backyard. Notably, this sale surpassed the previous island record and achieved the impressive sale price without reaching the initial asking price of $13.9 million.

Summary of Transaction Details

• Property Type: Single-Family Home
• Transaction Amount: $12,000,000
• Square Footage: 4,700
• Price per Square Foot: $2,553
• Market: Stone Harbor

The transaction was facilitated by Nicholas Giuffre of Compass, who represented the buyer in this deal.