Marcus & Millichap Brokers $14.6M Sale of Shopping Center in Matawan, New Jersey

by Taylor Williams

MATAWAN, N.J. — Marcus & Millichap has brokered the $14.6 million sale of Park Plaza, a 61,750-square-foot shopping center in the Northern New Jersey community of Matawan. The center was built on 5.8 acres in 1986 and comprises 20 suites. Seth Goldberg, Brent Hyldahl and Alan Cafiero of Marcus & Millichap exclusively marketed the property on behalf of the seller, and procured the buyer, both private investors from New Jersey.

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