Updated Sep 9, 2024
Darden Moorefield's The Moorefield Group Sells Downtown Jersey City Condo For $1.2M
149 Essex St, The Waterfront, Jersey City, NJ, USA
$1,200,000
$807/SF
Building Size
1,486 SF
Asset Type
—
Closing
Jun 1, 2021
About this deal
AI
The property involved in this closed transaction is a condo located at 149 Essex St. in Downtown, Jersey City, NJ. It was sold on 06/01/2021 for a sale price of $1,200,000. The condo spans 1,486 square feet and has an asking price and sale price of $1,200,000. The price per square foot is $808.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,200,000
- Address: 149 Essex St. Downtown, Jersey City, NJ
- Asking Price: $1,200,000
- Sale Price: $1,200,000
- Square Footage: 1,486
- Price per Square Foot: $808
The broker involved in this transaction is Darden Moorefield from The Moorefield Group - KW City Life JC.
Jersey City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93