NAI DiLeo-Bram reps Magyar Bank in sale of residential land site

Jersey City, NJ – NAI DiLeo-Bram & Co. announced that it represented the sale of 65-71 Monitor St. in Jersey City by Magyar Bank to Manhattan-based PE Real Estate Holdings. The ½ acre of land sold for $1.75 million dollars and has “as of” rights to construct 51 residential units in the burgeoning new residential neighborhood adjacent to Liberty State Park and the Liberty Science Center. NAI DiLeo-Bram vice president Jeff Jones represents Magyar Bank on all commercial bank owned property.

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