Norma De Ruggiero, vice president of Robert De Ruggiero, Inc. has announced the sale of 353 Grove St., Jersey City. The three-story brick and concrete building contains 18 units, including two commercial spaces, and is equipped with an elevator, forced air heating and central air conditioning. There are eight parking spaces.
Exclusively listed by De Ruggiero Realtors, the sale was handled by Jean Jacques Dubane, a De Ruggiero Sales Associate. Jean Jacques can be reached at (201) 617-7111.
Represented by attorney John F. O’Donnell, the seller was 353 Grove St. LLC. The buyer of the $4,650,000 property was 304 Pavonia Avenue LLC. They were represented by Scanlon, Scanlon & Guess.
De Ruggiero Realtors has been involved with several investment property transactions this year alone, as both commercial and residential income-producing space is in very high demand right now. The company has an extensive inventory to accommodate all sizes and requirements.