SJG Properties LLC obtained financing of $5M from JPMorgan Chase Bank

SJG Properties LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, valued at $5.2 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 64 residential units at 1661 Grand Avenue in Highbridge. The deal closed on July 02, 2019 and was recorded on July 19, 2019.
The property contains a total of 63,500 square feet of built space.
The average loan per unit is $81,250.
The last time the property sold was October 01, 2003, for $1,738,428.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link