Updated Sep 5, 2024
Compass Acquires Land In Wayne Twp., NJ For $1.3M
19a Point Rd, Wayne Township, NJ, USA
$1,300,000
$28/SF
Building Size
46,174 SF
Asset Type
—
Closing
Jun 25, 2020
About this deal
AI
A land in Wayne Twp., NJ has been sold on 06/25/2021 for a total of $1,300,000. The property is located at 19a Point Rd and was sold in a closed transaction.
Summary of transation details
- Property Type: Land
- Transaction Amount: $1,300,000
- Market: Wayne Twp., NJ
The buyer's representative in this transaction was Maryanne Elsaesser from Compass, while the seller was represented by William Boswell from Keller Williams Prosperity Realty.
The commercial sale at 19a Point Rd, Wayne Township, NJ, USA in Wayne, New Jersey sold for $1.3M in 2020. The building is 46,174 square feet, implying about 28 per square foot on the published price. William Boswell, Maryanne Elsaesser, Compass, Keller Williams Realty appear on the sale alongside Compass, Keller Williams Realty. This page is the Wayne, New Jersey file for the 19a Point Rd, Wayne Township, NJ, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Wayne sit in the Market section below. Filter that Wayne commercial set by closing date to see what else sold near 19a Point Rd, Wayne Township, NJ, USA around 2020. Published consideration for 19a Point Rd, Wayne Township, NJ, USA is $1.3M, dated 2020. Cite this Compass Acquires Land In Wayne Twp., NJ For $1.3M sale when underwriting similar commercial product around Wayne, New Jersey.
Players
Wayne 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93