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34 Maple Ave, Montville, NJ...

IStar Realty LLC Acquires Property From Seller Represented By Matthew Weiss In Montville New Jersey
SOLD

IStar Realty LLC Acquires Property From Seller Represented By Matthew Weiss In Montville New Jersey

34 Maple Ave, Montville, NJ, 07058

Building Size

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 34 Maple Ave, Montville, NJ, 07058, within the Pine Brook market. The specifics of the sale transaction include a square footage of 0 and there is no sale price provided.

Summary of transaction details:

  • Property Type: SALE
  • Transaction Amount: Not disclosed
  • Address: 34 Maple Ave, Montville, NJ, 07058
  • Market: Pine Brook
  • Seller's Representative: Matthew Weiss (Weiss Realty Co. Inc.)
  • Buyer: iStar Realty LLC
  • Seller: Not disclosed

The transaction involves Matthew Weiss representing the seller through Weiss Realty Co. Inc. while iStar Realty LLC acts as the buyer in this deal. The parties engaged in this transaction have distinct roles, with Weiss Realty Co. Inc. facilitating the sale on behalf of the unnamed seller.

Players

Matthew Weiss

Weiss Realty Co.Inc.

Broker

3 deals

Broker

Pine Brook CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93