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Re: Jersey City mixed-use property sells for $1.22M
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Home away from home
 
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good for the hub area
Posted on: 2014/10/4 22:11
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Jersey City mixed-use property sells for $1.22M
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Home away from home
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2012/1/11 18:21 Last Login : 2019/12/26 15:30 From GV Bayside Park
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[img width=300]http://www.njbiz.com/storyimage/NJ/20141003/NJBIZ01/141009889/AR/0/AR-141009889.jpg&maxW=430&maxH=430[/img]
Michael Cervelli Real Estate, LLC, announced Thursday that it has sold a mixed-use property in Jersey City for $1.22 million. The property at 171 Martin Luther King Jr. Drive consists of 17 apartments and three commercial stores, the North Bergen-based real estate brokerage said in a news release. ?Given its location and cost-to-service differential, investors could see major value inflation in the coming years,? Michael Cervelli said in a prepared statement. http://www.njbiz.com/article/20141003 ... -property-sells-for-$122M
Posted on: 2014/10/4 19:08
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