106 Willow Ave. in Hoboken — Courtesy: Marcus & Millichap
A private investor in Hoboken has purchased a vacant apartment building with redevelopment potential, paying nearly $2.2 million in a deal arranged by Marcus & Millichap.
According to a news release, the 6,400-square-foot brick structure occupies a 2,500-square-foot lot and is configured for eight one-bedroom units. It also offers what the listing team described as redevelopment and potential expansion, touting its location four blocks from the Washington Street retail corridor and within walking distance of the Hoboken PATH station…