Jersey City Redevelopment Agency Acquires School In Jersey City For $16M | 28 Tonnele Avenue, 150-154, 156, 158 & 160-164 Sip Avenue | Other | Sale

Summary

Sale

NEW JERSEY

Other

Hudson County Community College (HCCC) has sold a school property located at 28 Tonnele Avenue, 150-154, 156, 158 & 160-164 Sip Avenue in Jersey City. The property has been purchased by the Jersey City Redevelopment Agency (JCRA) for a sale price of $16,000,000. The transaction took place on June 23, 2021.

Summary of transaction details

Property Type: School
Transaction Amount: $16,000,000
Address: 28 Tonnele Avenue, 150-154, 156, 158 & 160-164 Sip Avenue, Jersey City
Market: Jersey City

Hudson County Community College (HCCC) acted as the seller in this transaction, while the buyer was the Jersey City Redevelopment Agency (JCRA). The property comprises a school facility and is located in the vibrant market of Jersey City.

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Details

Deal Summary

SOLD

IMAGE: Hon. Daniel Rivera DATE: 06/23/2021 ADDRESS: 28 Tonnele Avenue, 150-154, 156, 158 & 160-164 Sip Avenue MARKET: Jersey City ASSET TYPE: School BUYER: Jersey City Redevelopment Agency (JCRA) SELLER: Hudson County Community College (HCCC) SALE PRICE: $16,000,000

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Address28 Tonnele Avenue, 150-154, 156, 158 & 160-164 Sip Avenue

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