MARCUS & MILLICHAP BROKERS $1.2 MILLION MULTIFAMILY SALE

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JERSEY CITY, N.J. — Marcus & Millichap has brokered the sale of a 12,400-square-foot multifamily building located in Jersey City for $1.2 million. Built in 1915, the property contains 14 one-bedroom units. Greg Babaian and Spencer Weinberg of Marcus & Millichap's New Jersey office represented the seller, a longtime local owner. The buyer was also undisclosed.

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