East Orange Multifamily Property Sells for $999,999

58 Park Ave, East Orange, NJ 07017, USA

By skyrealm.ai on Oct 15, 2022
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East Orange Multifamily Property Sells for $999,999

A multifamily property located at 58 Park Ave in East Orange, NJ has sold for 999,999. The property spans 5,500 square feet and sold for 181 per square foot. The deal was completed without the involvement of any brokers.

The buyer and seller have not been disclosed, but the property is located in a desirable area of East Orange, which has seen a surge in real estate activity in recent years. The property is located near several major highways and public transportation options, making it an attractive location for commuters.

The property itself is a well-maintained multifamily building with several units. The building has been updated with modern amenities and features, making it an attractive option for renters. The property is also located near several parks and recreational areas, adding to its appeal.

The sale of this property is indicative of the strong demand for multifamily properties in the East Orange area. With its convenient location and modern amenities, this property is sure to be a popular option for renters in the area. The lack of brokers involved in the deal also highlights the growing trend of buyers and sellers completing deals without the assistance of traditional real estate agents.

Overall, the sale of this multifamily property in East Orange is a positive sign for the local real estate market. With strong demand for properties in the area and a growing trend of buyers and sellers completing deals without brokers, the market is poised for continued growth and success.