Landmark Partners Acquires Multifamily Property In Netcong, Morris County For $44.5M
34 Bank Street
MultiFamily
125,911 SF
125,911 SF
Sold 1 year ago
+ 2
Summary
The multifamily property located at 34 Bank St in Netcong, Morris County, was recently sold in a transaction recorded on 04/15/2022. The property, consisting of 126 units, was sold by CrownPointe Development Group to Landmark Partners for a total sale price of $44,500,000. With a price per unit of $353,175, the property spans over an area of 125,911 square feet, resulting in a price per square foot of $353.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $44,500,000
- Units: 126
- Price Per Unit: $353,175
- Square Footage: 125,911
- Price Per Square Foot: $353
- Address: 34 Bank St, Netcong, Morris County
The sale transaction was facilitated by Cushman & Wakefield, with Brian Whitmer, Nico Nicolaou, Ryan Dowd, and Will Gerlin representing both the buyer, Landmark Partners, and the seller, CrownPointe Development Group.
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34 Bank Street
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