Updated Dec 22, 2023
Justin R Oppenheimer Acquires Other Residential Property In Summit, NJ From Christopher Maier For $2.45M
104 Essex Road, Summit, New Jersey 07901, United States
$2,450,000
Building Size
—
Asset Type
Co-Op
Closing
Mar 17, 2022
About this deal
AI
The Other Residential property located at 104 Essex Rd in Summit, NJ has been sold. The transaction took place on March 18, 2022. The property was sold for a price of $2,450,000.
Summary of transation details
- Property Type: Other Residential
- Transaction Amount: $2,450,000
- Address: 104 Essex Rd, Summit, NJ
Justin R Oppenheimer purchased the property from Christopher Maier.
The co op sale at 104 Essex Road, Summit, New Jersey 07901, United States in Summit, New Jersey sold for $2.5M in 2022. 104 Essex Road, Summit, New Jersey 07901, United States is classified as Co Op on Traded. This page is the Summit, New Jersey file for the 104 Essex Road, Summit, New Jersey 07901, United States co op sold: pricing, party profiles, and other closed co op comps from the same Summit sit in the Market section below. Filter that Summit co op set by closing date to see what else sold near 104 Essex Road, Summit, New Jersey 07901, United States around 2022. Published consideration for 104 Essex Road, Summit, New Jersey 07901, United States is $2.5M, dated 2022. Cite this Justin R Oppenheimer Acquires Other Residential Property In Summit, NJ From Christopher Maier For $2.45M sale when underwriting similar co op product around Summit, New Jersey.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93