Traded: New Jersey

SALE Learn More: https://lnkd.in/g-t8YUUT IMAGE: Chris Vassilian, Grant La Bounty, Justin Smith, Michael Schaible, Troy Wisse, Kate Granahan & Kevin Dudley DATE: 10/14/2024 ADDRESS: 325 Midland Avenue MARKET: Garfield ASSET TYPE: Industrial BUYER: Deko International SELLER: Snowball Developments BUYER'S REP: Chris Vassilian , Grant La Bounty, Justin Smith, Michael Schaible & Troy Wisse - Lee & Associates SELLER'S REP: Kate Granahan & Kevin Dudley - CBRE SALE PRICE: $16,500,000 SF: 73,000 ~ PPSF: $226 NOTE: Deko International acquired a 73,000-square-foot warehouse at 325 Midland Ave. in Garfield for $16.5 million, facilitated by Lee & Associates and CBRE. The purchase expands Deko's operations, with the property's strategic location near major highways and recent upgrades making it a prime acquisition. #NewJersey #RealEstate #TradedNJ #Garfield #Industrial #ChrisVassilian #GrantLaBounty #JustinSmith #LeeandAssociates #KateGranahan #KevinDudley #CBRE #MichaelSchaible #TroyWisse #SnowballDevelopments #DekoInternational

SALE Learn More: https://lnkd.in/g42QXT5y IMAGE: Antonio Gracia DATE: 10/10/2024 ADDRESS: 3615 New York Avenue MARKET: Union City ASSET TYPE: Mixed-use BROKER: Antonio Gracia - Paul Martin Property Development, LLC SALE PRICE: $1,550,000 NOTE: A solid brick mixed-use property at 3615 New York Avenue in Union City has been sold for $1,550,000, featuring three rental apartments and five retail stores in a prime location. Brokered by Antonio Gracia of Paul Martin Property Development, LLC, the property presents a lucrative investment opportunity. #NewJersey #RealEstate #TradedNJ #TradedPartner #UnionCity #Mixeduse #AntonioGracia #PaulMartinPropertyDevelopmentLLC

SALE Learn More: https://lnkd.in/gagyXH7g IMAGE: Brenda Connolly & James 'Jim' Hannam DATE: 10/10/2024 ADDRESS: 26 Lincoln Avenue MARKET: Avon by the Sea ASSET TYPE: Land BUYER'S REP: Brenda Connolly - The Connolly Agency SELLER'S REP: James Hannam - Re Max Bay Point Realtors SALE PRICE: $2,675,000 LOT SF: 7,840 ~ PPLSF: $341 NOTE: A 7,840-square-foot lot on the beach block of Lincoln Avenue in Avon by the Sea has been sold for $2,675,000, with Brenda Connolly of The Connolly Agency representing the buyer and James Hannam of Re/Max representing the seller. The property includes a two-car garage and parking for over six vehicles, offering proximity to the boardwalk, beach, and downtown amenities. #NewJersey #RealEstate #TradedNJ #AvonbytheSea #Land #BrendaConnolly #TheConnollyAgency #JamesHannam #REMAXBayPointRealtors

LOAN Learn More: https://lnkd.in/geWsi4ie IMAGE: Chris Marks & Stephen Filippo DATE: 10/10/2024 ADDRESS: 950 West Edgar Road MARKET: Linden ASSET TYPE: Retail ~ SF: 41,000 BROKERS: Christopher Marks & Stephen Filippo - Marcus & Millichap Capital Corporation (MMCC) LOAN AMOUNT: $7,950,000 LOAN TYPE: Acquisition LOAN TERMS: 5-year non-recourse loan include full-term interest-only at a rate of 7.73% and a loan-to-value of 56% NOTE: Marcus & Millichap Capital Corporation arranged $7.95 million in financing for the acquisition of a 41,000-square-foot LA Fitness property in Linden, NJ. The 5-year, non-recourse loan has full-term interest-only at 7.73% and a loan-to-value ratio of 56%. #NewJersey #RealEstate #TradedNJ #Linden #Retail #ChristopherMarks #MarcusandMillichapCapitalCorporation #StephenFilippo

LOAN Learn More: https://lnkd.in/gMPh2VhD IMAGE: Emil DePasquale DATE: 10/02/2024 ADDRESS: 500 Ocean Terrace MARKET: Seaside Heights, NJ ASSET TYPE: Condo ~ SF: 24,712 CAPITAL MARKETS ADVISOR: Emil DePasquale - Black Bear Capital Partners LOAN AMOUNT: $8,983,000 LOAN TYPE: Construction LOAN TERMS: 18-month non-recourse floating rate loan at 83% LTC #NewJersey #RealEstate #SeasideHeights #EmilDePasquale #BlackBearCapitalPartners #TradedPartner #TradedNY #TradedNewYork #TradedNewJersey #TradedNJ #TradedMiami

LEASE Learn More: https://lnkd.in/ddejRzu4 IMAGE: Justin Lustig, Brian Bruzek, Steven Gartner, Brian Goodwin & Matthew Mandel DATE: 10/09/2024 ADDRESS: 307 Route 70 West MARKET: Marlton ASSET TYPE: Retail ~ SF: 7,110 LANDLORD: Justin Lustig - Urban Edge Properties TENANT: Mattress Firm & First Watch LANDLORD'S REP: Brian Bruzek & Steven Gartner - CBRE TENANT'S REP: Brian Goodwin - Metro Commercial ; Matthew Mandel -CBRE NOTE: Urban Edge Properties signed new leases with Mattress Firm and First Watch at Marlton Commons. Mattress Firm, represented by Brian Goodwin of Metro Commercial, will occupy 3,310 square feet, while First Watch, represented by Matthew Mandel of CBRE, will open a 3,800-square-foot flagship location. Urban Edge was represented by Brian Bruzek and Steven Gartner of CBRE. #NewJersey #RealEstate #TradedNJ #Marlton #Retail #MattressFirm #FirstWatch #JustinLustig #UrbanEdgeProperties #BrianBruzek #CBRE #BrianGoodwin #MetroCommercial #MatthewMandel #StevenGartner

LEASE Learn More: https://lnkd.in/d32EevSD IMAGE: Sidney Singer DATE: 10/08/2024 ADDRESS: 20 South Kinderkamack Road MARKET: Montvale ASSET TYPE: Retail ~ SF: 4,700 TENANT: Bipin Patel & Heerak Amin - Montvale Liquors BROKER: Sidney Singer - Levin Management Corporation NOTE: Montvale Liquors is set to open a 4,700 square-foot boutique liquor store at CVS Center on South Kinderkamack Rd. in Montvale, replacing a smaller liquor store and offering an expanded selection of wine, spirits, and craft beer. The store, operated by industry veterans Bipin Patel and Heerak Amin, is part of a shopping center managed by Levin Management Corporation, which is also overseeing a new lease for Tropical Smoothie Cafe at Brunswick Shopping Center in North Brunswick. #NewJersey #RealEstate #TradedNJ #Montvale #Retail #BipinPatel #HeerakAmin #MontvaleLiquors #SidneySinger #LevinManagementCorporation

SALE Learn More: https://lnkd.in/gbv3urwG IMAGE: Jazmine Clausen-Soir & Meilyn Torres DATE: 09/01/2024 MARKET: Elizabeth ASSET TYPE: Single Family LISTING AGENT: Jazmine Clausen-Soir & Meilyn Torres SALE PRICE: $9,478,000 UNITS: 16 NOTE FROM BROKER: 16 Units SOLD at Riverfront Residences, Elizabeth, NJ, 07206 #NewJersey #RealEstate #TradedNJ #TradedPartner #Elizabeth #SingleFamily#JazmineClausenSoir #MeilynTorres #WaterFrontProperties #GatedCommunity #SoldByJazmine

SALE Learn More: https://lnkd.in/gWUQ9kwN IMAGE: Daniel Lanni DATE: 09/18/2024 ADDRESS: 1005 Trenton Avenue MARKET: Point Pleasant Boro ASSET TYPE: Multifamily BROKER: Daniel Lanni - The Kislak Company, Inc. SALE PRICE: $3,500,000 UNITS: 10 ~ PPU: $350,000 #NewJersey #RealEstate #TradedNJ #TradedPartner #PointPleasantBoro #Multifamily #DanielLanni #Kislak

SALE Learn More: https://lnkd.in/gBShHUGq IMAGE: Andrea Welsh & Tom Misuraca DATE: 10/07/2024 ADDRESS: 159 Cambridge Avenue MARKET: Jersey City ASSET TYPE: MultiFfamily BROKERS: Andrea Welsh & Tom Misuraca - Keller Williams City Life Realty Hoboken SALE PRICE: $1,410,000 UNITS: 2 ~ PPU: $705,000 NOTE: A two-family home at 159 Cambridge Avenue in Jersey City has sold for $1.41 million, with a price per unit of $705,000. The well-maintained property features modern layouts, hardwood floors, and ample amenities, making it suitable for both homeownership and investment, while being conveniently located near public transportation and local attractions. #NewJersey #RealEstate #TradedNJ #JerseyCity #Multifamily #AndreaWelsh #KellerWilliamsCityLifeRealty #TomMisuraca