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Standard Supply Co Inc Sells Industrial Property In Tinton Falls, NJ For $5.5M With Buyer's Rep Zev Steinmetz & Seller's Rep John Shibles

41 Shark River Road
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This Industrial property located in NJ was sold for $5,500,000 over 2 years ago. The brokers of the deal were John Shibles and Zev Steinmetz

The industrial property located at 41 Shark River Rd in Tinton Falls, NJ has been sold. The property spans 76,000 square feet and was listed with an asking price of $5,500,000. The sale was completed on 10/07/2021 at the same price.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,500,000
  • Address: 41 Shark River Rd, Tinton Falls, NJ
  • Market: Tinton Falls, NJ
  • Square Footage: 76,000
  • Price per Square Foot: $66

The seller of the property was Standard Supply Co Inc. Zev Steinmetz from Gramercy Real Estate represented the buyer as their agent, while John Shibles from Sitar Realty Company represented the seller as their agent.

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Deals
  • Location
    41 Shark River Road, Tinton Falls, NJ, USA41 Shark River Road, Tinton Falls, NJ, USA
  • Sale Price
    $5,500,000$5,500,000
    $72 PPSF$72 PPSF
  • Area
    76,000 SF76,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

John Shibles

John Shibles

Deals1
Sold$5.5M

Agency

William Raveis Real Estate

William Raveis Real Estate

Agency
Deals127
Volume$489.2M

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Deal Summary

SALE IMAGE: Zev Steinmetz & John Shibles DATE: 10/07/2021 ADDRESS: 41 Shark River Rd MARKET: Tinton Falls, NJ ASSET TYPE: Industrial SELLER: Standard Supply Co Inc BUYER'S REP: Zev Steinmetz - Gramercy Real Estate SELLER'S REP: John Shibles - Sitar Realty Company ASKING PRICE: $5,500,000 SALE PRICE: $5,500,000 SF: 76,000 ~ PPSF: $66

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41 Shark River Road

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