Updated Sep 5, 2024
Nermis R Acquires Jersey City Condo For $963,000 From Seller Chaim Hazan
77 Hudson Street, Jersey City, New Jersey 07302, United States
$963,000
Units
955
Asset Type
—
Closing
Nov 11, 2021
About this deal
AI
The property involved in this closed transaction is a condominium located at 77 Hudson St PH4608, Jersey City, NJ. The condo spans an area of 955 square feet and was sold for a price of $963,000, resulting in a price per square foot of $1,008.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $963,000
- Date: 11/12/2021
- Market: Jersey City, NJ
- Buyer: Nermis R
- Seller: Chaim Hazan
- Buyer's Representative: Victoria Devino - Sawyer Smith Residential
- Seller's Representative: Istvan Nyilas - Liberty Realty
The buyer in this transaction was Nermis R and they were represented by Victoria Devino from Sawyer Smith Residential. On the other hand, Chaim Hazan was the seller, with Istvan Nyilas from Liberty Realty acting as their representative.
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
16.47%
Cash-on-Cash
-4.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93