5/22/2009

New Jersey multi-family commands $1.5M

by

Quentin Avenue

A local investor has purchased a 14,000-square-foot apartment complex in New Brunswick, N.J., for $1.5 million.

Maz Radwan, an investment specialist in Marcus & Millichap's New Jersey office represented both parties in the transaction.

Located on Quentin Avenue, the property contains 20 units and was constructed in 1965. It consists of 13 one-bedroom apartments and seven studio apartments with available onsite parking.

Address: Quentin Avenue, New Brunswick, N.J.

Size: 14,000 square feet

Built: 1965

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Filed Under: Multi-Family

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