Cervelli Real Estate & Property Management | Michael Cervelli Real Estate sells mixed use 4-story building in Jersey City - Cervelli Real Estate & Property Management

Michael Cervelli Real Estate sells mixed use 4-story building in Jersey City

February 6, 2014
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North Bergen- Michael Cervelli Real Estate, LLC announces the sale of 164 Sterling Ave in Jersey City, New Jersey. The property, a 4 story brick mixed use investment property, features 26 residential apartments and 3 commercial stores, traded for $2,300,000.

Gardner Rivera of Cervelli Real Estate represented the seller and Christopher Cervelli procured the buyer. The buyer, a local group whom Cervelli has represented in many transactions continues to add to its portfolio in the very sought-after Jersey City investment market.