Updated Nov 24, 2023
Marisa Pucci-Savio Acquires Other Residential Property In Summit, NJ For $1.7M
62 Pinegrove Avenue, Summit, New Jersey 07901, United States
$1,665,000
$832,500/SF
Building Size
2 SF
Asset Type
Co-Op
Closing
Jul 11, 2022
About this deal
AI
The other residential property located at 62 Pine Grove Ave in Summit, NJ has been sold for $1,665,000. The property spans a total of 2,695 square feet, resulting in a price per square foot of $617.
Summary of transaction details
- Property Type: Other Residential
- Transaction Amount: $1,665,000
- Address: 62 Pine Grove Ave, Summit, NJ
- Market: Summit, NJ
The buyer of the property is Marisa Pucci-Savio, represented by Marisa Pucci Savio & Dominic Savio. The seller of the property is Amy E Coffey & Gregory J Coffey.
Players
Summit Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $832.5K per square foot on a published $1.7M for 2 square feet (2022).
Browse New Jersey co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.53%
Cash-on-Cash
-2.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93