Cervelli Real Estate & Property Management announces the sale of 1405 Bergenline Ave in Union City

Cervelli Real Estate & Property Management announces the sale of 1405 Bergenline Ave. The property, an 8- family, brick residential building with separate boilers and hot water heaters sold for $875,000. A long-time client of Cervelli was looking to dispose of the asset he acquired in a bulk purchase several years ago. After Cervelli obtained the exclusive listing, the team immediately began marketing the property using its proven marketing strategy and quickly generated several offers.  The closing was delayed inordinately due to the building department. Ultimately, it was the persistence of the Cervelli team working with the building department that brought the deal to a close.

Headquartered in North Bergen, New Jersey, Cervelli Real Estate & Property Management was founded in 1983 and is recognized as one of the state’s most experienced specialists in commercial investment real estate and property management. Aimed at providing professional brokerage services to private investors and financial institutions involved in income producing multi-family properties and shopping centers, Cervelli offers comprehensive research-driven transaction solutions. The Cervelli team provides professional property and facility management services to a wide range of clients such as state institutions, condominium associations and private owners. Cervelli takes pride in upholding an undisputed reputation built on honesty, integrity, and experience in the investment real estate industry.