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413 Ogden Avenue

Compass NJ Sells Condo At 413 Ogden Ave In Jersey City For $970K
SOLD

Compass NJ Sells Condo At 413 Ogden Ave In Jersey City For $970K

413 Ogden Avenue

$970,000

$564/SF

Building Size

1,720 SF

Asset Type

Closing

Oct 15, 2021

AI

A condo located at 413 Ogden Ave in Jersey City, NJ was recently sold in a closed transaction. The condo spans 1,720 square feet and was listed for sale with an asking price of $889,000. The property was ultimately sold for a final sale price of $970,000, resulting in a price per square foot of $564.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $970,000
  • Date: 10/15/2021
  • Address: 413 Ogden Ave, Jersey City, NJ

Jessica Ryan from KW City Life represented the buyer in the transaction, while Michelle Mumoli from Compass NJ represented the seller. Michelle Mumoli also took the image featured in the Instagram post.

Players

Michelle Mumoli

Compass

Broker

$4.1M

vol

4 deals

Broker

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

16.35%

Cash-on-Cash

-4.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93