Updated Dec 22, 2023
Christopher James Lawlor & Laura Kathleen Lawlor Acquire Other Residential Property In Westfield, NJ For $1.57M
166 Harrison Avenue, Westfield, New Jersey 07090, United States
$1,575,000
$446/SF
Building Size
3,529 SF
Asset Type
Co-Op
Closing
Oct 6, 2022
About this deal
AI
The property at 166 Harrison Ave in Westfield, NJ was recently sold for $1,575,000. This Other Residential asset spans a total of 3,529 square feet, resulting in a price per square foot of $446.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,575,000
- Address: 166 Harrison Ave, Westfield, NJ
- Market: Westfield, NJ
- Buyer: Christopher James Lawlor & Laura Kathleen Lawlor
- Seller: Hope M Salamone & Louis Salamone Jr
- Square Footage: 3,529
- Price per Square Foot: $446
The buyers of this property, Christopher James Lawlor and Laura Kathleen Lawlor, acquired it from the sellers Hope M Salamone and Louis Salamone Jr. As representatives of the buyers, they successfully closed the deal for this Other Residential asset.
Players
Westfield Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93