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Generation IV Real Estate Acquires Multifamily Property In Maywood, NJ For $1.12M

240 Prospect Avenue
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This MultiFamily property located in NJ was sold for $1,120,000 over 2 years ago. The brokers of the deal were Jason Koziol and Michael Cervelli

A multifamily property located at 240 Prospect Ave in Maywood, NJ has been sold for a total price of $1,120,000. The property consists of 7 units, resulting in a price per unit of $160,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,120,000
  • Address: 240 Prospect Ave, Maywood, NJ
  • Units: 7
  • Price Per Unit: $160,000

The buyer's representative in this transaction was Jason Koziol from Generation IV Real Estate, while the seller's representative was Michael Cervelli from Michael Cervelli Real Estate.

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Deals
  • Location
    240 Prospect Avenue, Maywood, NJ, USA240 Prospect Avenue, Maywood, NJ, USA
  • Sale Price
    $1,120,000$1,120,000
    $420 PPSF$420 PPSF
  • Area
    2,666 SF2,666 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers2 Brokers

Agents

Michael Cervelli

Michael Cervelli

Deals1
Sold$1.1M

Jason Koziol

Jason Koziol

Deals1
Sold$1.1M

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Deal Summary

SALE IMAGE: Michael Cervelli & Jason Koziol DATE: 08/16/2021 ADDRESS: 240 Prospect Ave MARKET: Maywood, NJ ASSET TYPE: Multifamily BUYER'S REP: Jason Koziol - Generation IV Real Estate SELLER'S REP: Michael Cervelli - Michael Cervelli Real Estate SALE PRICE: $1,120,000 UNITS: 7 ~ PPU: $160,000

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240 Prospect Avenue

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