M&M ARRANGES $1.1M SALE OF 15-UNIT MIXED-USE PROPERTY IN PASSAIC

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PASSAIC, N.J. — Marcus & Millichap has arranged the $1.1 million sale of Tulip Apartments, a 15-unit mixed-use property located in Passaic. Thomas McConnell and Kevin McCrann of Marcus & Millichap’s national multi-housing group marketed the property on behalf of the seller, a local private investor. McConnell and McCrann also represented the buyer. Tulip Apartments is located at 430 Monroe St. and has been owned by the same family for over 75 years.

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