Jill Biggs And Patrick Southern Sell Condo At 159 2nd St In Jersey City, NJ For $1.7M
SOLD
$1,700,000
New Jersey
See Similar Deals2,350 SF
Sold 06/24/2020
SOLD
Jill Biggs And Patrick Southern Sell Condo At 159 2nd St In Jersey City, NJ For $1.7M
159 2nd Street, Jersey City, NJ, USA
See Similar Deals2,350 SF
Sold 06/24/2020
Summary
NEW JERSEY
Price Per Square Foot:$723
Total Square Footage:2,350 SF
Transaction Type:Sale
The property involved in this closed transaction is a condo located at 159 2nd St in Jersey City, NJ. The condo spans an area of 2,350 square feet and has a price per square foot of $723. The transaction took place on 06/24/2021.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,700,000
- Address: 159 2nd St, Jersey City, NJ
- Buyer's Representative: Harveer Singh - Howard Hanna Rand Realty
- Seller's Representatives: Jill Biggs & Patrick Southern - Coldwell Banker
The buyer, Nisha P., was represented by Harveer Singh from Howard Hanna Rand Realty. While the seller, Nisha P., was represented by Jill Biggs and Patrick Southern from Coldwell Banker. The asking price for the condo was $1,750,000, and the final sale price was $1,700,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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