
11/29/2023
SALE
IMAGE: Brent Hyldahl & Alan Cafiero
DATE: 11/28/2023
ADDRESS: 21-29 Union Avenue
MARKET: Somerville
ASSET TYPE: Retail
SELLER: SNS Real Estate Investment Group, LLC
BROKERS: Brent Hyldahl & Alan Cafiero () - Marcus & Millichap ()
SALE PRICE: $3,525,000
SF: 20,866 ~ PPSF: $169
NOTE: Marcus & Millichap has sold Union Avenue Plaza in Somerville, New Jersey, for $3,525,000. The 20,866-square-foot retail center, anchored by the New Jersey Department of Motor Vehicles, utilized the Ten-X auction process, fostering competitive bidding and ensuring a swift transaction.
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