SELA Properties purchases 12 unit Jersey City building for $715,000

JERSEY CITY, NJ — A Fort Lee based investment company, SELA Properties has announced its recent purchase of a 12 unit building in the Lafayette area of Jersey City. Tal Steinberg, managing partner of SELA, reports of a purchase price of $715,000, noting that “We believe in this up and coming area of Jersey City, with its good transportation to NYC, its proximity to both Downtown Jersey City and Journal Square and the fact that there have been some major positive changes made to this neighborhood in the past few years.

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