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75 Park Lane South

Buyer Acquires Condo In Jersey City For $2.1M With Anthony Vetrano As Broker Representative
SOLDCondo

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

Anthony Vetrano

Weichert Realtors

Broker

$15.3M

vol

6 deals

Broker
Weichert Realtors
Weichert RealtorsBrokerage

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