Nova EO Portfolio I LLC & The Capital Foresight LP Sell East Orange Multifamily For $14.95M

The multifamily property located at 17 Webster Place, 75 & 151 North Walnut St in East Orange, NJ has been sold for a price of $14,950,000. The property consists of 113 units, with each unit having a price per unit (PPU) of $132,301. The sale was facilitated by David Oropeza of Gebroe-Hammer Associates.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,950,000
• Units: 113
• Price per Unit (PPU): $132,301
• Address: 17 Webster Place, 75 & 151 North Walnut St, East Orange, NJ
• Seller: Nova EO Portfolio I LLC & The Capital Foresight LP

David Oropeza of Gebroe-Hammer Associates represented the seller in this transaction. The sale marks a significant milestone in the East Orange, NJ market.