Jersey City Mixed-Use Property Sold For $1.96M With Buyer's Rep James Cervelli & Seller's Rep Alexander Calle

Located at 197 Newark Ave in Jersey City, NJ, this mixed-use property was recently sold in a closed transaction. The sale took place on October 1, 2021, with James Cervelli representing the buyer and Alexander Calle representing the seller. The property consists of four units, and the sale price was set at $1,962,500, resulting in a price per unit of $490,625.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,962,500
• Address: 197 Newark Ave, Jersey City, NJ
• Market: Jersey City, NJ
• Buyer's Representative: James Cervelli - Michael Cervelli Real Estate, LLC
• Seller's Representative: Alexander Calle - Keller Williams City Life JC Realty
• Units: 4
• Price per Unit: $490,625

James Cervelli of Michael Cervelli Real Estate, LLC, acted as the buyer's representative in this transaction, while Alexander Calle of Keller Williams City Life JC Realty represented the seller. The deal represents a successful sale for all parties involved in this mixed-use property transaction.