238-242-Garfield-Ave-Jersey-City

Marcus & Millichap Arranges $4.4M Sale of Apartment Building in Jersey City

by Amy Works

JERSEY CITY, N.J. — Marcus & Millichap has arranged the sale of an apartment building located at 238-242 Garfield Ave. in Jersey City. A limited liability company purchased the 44-unit property for $4.4 million. Built in 1928, the four-story building was 95 percent occupied at the time of sale. Steven Matovski of Marcus & Millichap represented the seller, a limited liability company, and the buyer in the transaction.

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