Buyer Acquires Condo In Jersey City For $2.1M With Anthony Vetrano As Broker Representative
75 Park Lane South
$2,100,000
$1,489/SF
Building Size
1,410 SF
Asset Type
Condo
Closing
Jun 12, 2025
AI
This condo located at 75 Park Lane South in Jersey City was sold for $2,100,000. The property features 1,410 square feet of living space, approximately $1,489 per square foot. It includes two bedrooms and two and a half bathrooms, situated on a high floor of a luxury waterfront building with views of the New York City skyline and private outdoor space.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,100,000
- Square Footage: 1,410
- Price Per Square Foot: $1,489
- Address: 75 Park Lane South
- Market: Jersey City
- Seller: China Construction America
- Buyer's Representative: Anthony Vetrano - Weichert Realtors
- Seller's Representative: Strategic Capital LLC
Anthony Vetrano of Weichert Realtors successfully represented the buyer in this off-market transaction, highlighting the benefits of working with an agent possessing market expertise and agent-to-agent relationships, which contributed to securing this exclusive opportunity.
Players
Jersey City Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93