56 13th Ave Multifamily In Paterson, NJ Sells For $2.88M By Buyer 56 13th Ave LLC And Seller NS 107 Properties
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This MultiFamily property located in NJ was sold for $2,880,000 almost 4 years ago. The brokers of the deal were Casey Egan and Daniel Aviles
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- Location56 13th Avenue, Paterson, NJ 07504, USA
- Sale Price$2,880,000$354 PPSF
- Area8,124 SF
- Asset TypeMultiFamily
- Parties2 Brokers
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Deal Summary
SALE
IMAGE: Daniel Aviles & Casey Egan
DATE: 05/20/2021
ADDRESS: 56 13th Ave
MARKET: Paterson, NJ
ASSET TYPE: Multifamily
BUYER: 56 13th Ave LLC
SELLER: NS 107 Properties
BROKERS: Daniel Aviles @AvilesGroup, Casey Egan - Marcus & Millichap @MarcusMillichap_newjersey
SALE PRICE: $2,880,000
UNITS: 15 ~ PPU: $192,000
CAP: 6
NOTE: This deal represents the second highest ever price per unit in Paterson, NJ. The Aviles Group set the record last year at $208,552/unit.
If you have any multifamily investment needs in Northern NJ, reach out
Daniel Aviles (201) 742-6148
Casey Egan (201) 742-6112
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56 13th Avenue
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