Updated Sep 9, 2024
Darden Moorefield's The Moorefield Group Acquires Downtown Jersey City Condo For $1.075M
201 Marin Blvd, The Waterfront, Jersey City, NJ, USA
$1,075,000
$965/SF
Building Size
1,113 SF
Asset Type
—
Closing
Jul 12, 2021
About this deal
AI
Located at 201 Marin Blvd. in Downtown, Jersey City, NJ, this condo was recently sold in a closed transaction. The property spans 1,113 square feet and is situated in a prime location.
Summary of transaction details:
- Property Type: Condo
- Asking Price: $1,089,000
- Sale Price: $1,075,000
- Square Footage: 1,113
- Price per Square Foot: $966
The deal was facilitated by Darden Moorefield from The Moorefield Group - KW City Life JC. Moorefield represented the parties involved in this successful transaction.
The commercial sale at 201 Marin Blvd, The Waterfront, Jersey City, NJ, USA in Jersey City, New Jersey sold for $1.1M in 2021. The building is 1,113 square feet, implying about 965 per square foot on the published price. Frank Darden Moorefield, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Jersey City, New Jersey file for the 201 Marin Blvd, The Waterfront, Jersey City, NJ, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Jersey City sit in the Market section below. Filter that Jersey City commercial set by closing date to see what else sold near 201 Marin Blvd, The Waterfront, Jersey City, NJ, USA around 2021. Published consideration for 201 Marin Blvd, The Waterfront, Jersey City, NJ, USA is $1.1M, dated 2021. Cite this Darden Moorefield's The Moorefield Group Acquires Downtown Jersey City Condo For $1.075M sale when underwriting similar commercial product around Jersey City, New Jersey.
Jersey City CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Frank Darden Moorefield to view all their deals.
Browse New Jersey sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93