Real Estate Journal — NJAA Conference & Expo — May 12 - 25, 2017 — 9D
M id A tlantic
2017 NJAA C onference & E xpo
nion City, NJ — Cervelli Real Estate & Property Man- Also, completes off market sale of 251 Walker Street in Cliffside Park Cervelli Real Estate & Property Management brokers sale of 1805 Bergenline Ave. in Union City U
in North Bergen, 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 es- tate and property management. Aimed at providing professional brokerage services to private investors and financial institu- tions involved in income pro- ducing multi-family properties and shopping centers, Cervelli offers comprehensive research- driven transaction solutions. The Cervelli team provides professional property and facil- ity management services to a
wide range of clients such as state institutions, condominium associations and private owners. Cervelli takes pride in uphold- ing an undisputed reputation built on honesty, integrity, and experience in the investment real estate industry. “We tried to sell our property with other brokers, but once we worked with Chris, we realized the difference. He told us ex- actly why our property wasn’t selling, and how he could. He did exactly what he said, and he is an absolute expert in commercial real estate,” said the seller. n
agement an- nounces the sale of 1805 B e r g e n l i n e Ave. in Union C i t y . T h e property, a six family walk up with sepa- rate utilities
sold for $650,000. The sellers had previously listed the proper- ty several times with a compet- ing company but they were not able to procure a client. Chris Cervelli , co-owner of Cervelli Real Estate & Property Manage- ment and his teammarketed the property to their Private Client Group and identified a local owner who had not been previ- ously introduced to the property. Though there were several chal- lenges to overcome with the mu- nicipality, the Cervelli teamwas able to get the property to close and satisfy all parties. Cervelli Real Estate & Prop- erty Management announced the off market sale of 251Walker St. in Cliffside Park. The owner, a long time client of the firm wanted to find a buyer that could close quickly and with cash, and therefore did not want to place the property officially on the market. The property, a six unit apartment house with all two bedroom apartments sold for $810,000, all cash sight unseen with no inspection contingen- cies. From the time that Chris made the first call to the closing was 30 days. Headquartered in North Ber- gen, 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 es- tate and property management. Aimed at providing professional brokerage services to private investors and financial institu- tions involved in income produc- ing multi-family properties and shopping centers, Cervelli offers comprehensive research-driven transaction solutions. The Cer- velli team provides professional property and facility manage- ment services to a wide range of clients such as state institu- tions, condominium associations and private owners. Cervelli takes pride in upholding an un- disputed reputation built on honesty, integrity, and experi- ence in the investment real estate industry Headquartered
51 Walker St.
1805 Bergenline Ave.
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Cervelli Real Estate & Property Management Licensed Real Estate Broker
1 Marine Plaza, Suite 304 North Bergen, NJ 07047 201.868.6300 www.realestatenj.com
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