Updated Dec 21, 2023
Coastal Living Real Estate Group Sells Beach Haven Development Site For $2.82M
415 Jeffries Avenue, Beach Haven, NJ, USA
$2,820,000
$137/SF
Building Size
20,512 SF
Asset Type
Development Site
Closing
Mar 25, 2021
About this deal
AI
A development site in Beach Haven has been sold for $2,820,000. The property is located at 415 Jefferies Ave and was sold on March 26, 2021. The sale was facilitated by Bonnie Wells from Coastal Living Real Estate Group.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,820,000
- Address: 415 Jefferies Ave
- Market: Beach Haven
Bonnie Wells from Coastal Living Real Estate Group represented the buyer and seller in this transaction.
The development site sale at 415 Jeffries Avenue, Beach Haven, NJ, USA in Beach Haven, New Jersey sold for $2.8M in 2021. The building is 20,512 square feet, implying about 137 per square foot on the published price. Named participants on the 415 Jeffries Avenue, Beach Haven, NJ, USA sale are Bonnie Wells. This page is the Beach Haven, New Jersey file for the 415 Jeffries Avenue, Beach Haven, NJ, USA development site sold: pricing, party profiles, and other closed development site comps from the same Beach Haven sit in the Market section below. Filter that Beach Haven development site set by closing date to see what else sold near 415 Jeffries Avenue, Beach Haven, NJ, USA around 2021. Published consideration for 415 Jeffries Avenue, Beach Haven, NJ, USA is $2.8M, dated 2021. Cite this Coastal Living Real Estate Group Sells Beach Haven Development Site For $2.82M sale when underwriting similar development site product around Beach Haven, New Jersey.
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Beach Haven Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.63%
Cash-on-Cash
-1.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93