N.J. BANK BUILDING TRADES FOR $1.83M

NEW PROVIDENCE, N.J. — Marcus & Millichap has completed the sale of The Provident Bank Building, a 7,210-square-foot office property located in New Providence, for $1.83 million. Greg Babaian of Marcus & Millichap's New Jersey office represented the seller, a local investor. Michael Lombardo and Christopher Rizzolo, also of Marcus & Millichap, secured the buyer, a New York investor.