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
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