Michael Cervelli Real Estate, LLC announces the sale of 45-47 Linden Street in Hackensack
North Bergen- Michael Cervelli Real Estate, LLC announces the sale of 45-47 Linden Street in Hackensack, New Jersey. Long time investors of the firm came back to them with a 1031 need. The family had sold a property in Queens, NY and needed to trade up into another investment property. Christopher Cervelli quickly identified a property located in the county seat of Bergen County directly across from a train station. “There is unbelievable demand for rental housing, especially in the path of commuter lines.”- stated Christopher Cervelli in a recent interview with the Star Ledger. The property, a 14 unit apartment house traded for $1,220,000.
Headquartered in North Bergen, New Jersey, Michael Cervelli Real Estate, LLC was founded in 1983 and is acknowledged as among New Jersey’s most experienced specialists in the Investment Real Estate Sales. Aimed at providing professional brokerage services to private investors and financial institutions involved in income producing multi-family properties and shopping centers, the company has posted steadily increasing sales results. Cervelli has an undisputed reputation on honesty, integrity, and experience in the Investment Real Estate Industry.