Marcus & Millichap Real Estate Investment Brokerage Company.
Marcus & Millichap Real Estate Investment Brokerage Company announced the following transactions:
* The sale of three investment properties in New Jersey for $5,685,000. The assets are located in Jersey City, Maplewood and Elizabeth. Nat Gambuzza, senior associate in the New Jersey
* In Jersey City, Gambuzza and Patrick Forde, a senior associate also in the New Jersey office of Marcus & Millichap, represented the buyer and the seller of 100 Duncan Ave. and 74-76 Fairview Ave. The sales price of $2.95M represents a price of $70,238 per unit.
* In Maplewood, Gambuzza and Frank Pronesti, a senior associate in the firm's New Jersey office, brokered the sale of the Maplewood Professional Associates property at 2115 Millburn Ave., a medical office building. The sales price of $1.65M represents a price of $134 per square foot.
* In Elizabeth, Gambuzza arranged the sale of 40 Elm St., a 16-unit garden apartment property, on behalf of both the buyer and seller. The sales price of $1.085M represents a price of $67,813 per unit.
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