Updated Dec 21, 2023
Robert Santry Acquires Warehouse In Matawan, NJ From Michael Poskonka For $1.8M
396 New Jersey Highway 34, Matawan, New Jersey 07747, United States
$1,800,000
$194/SF
Building Size
9,256 SF
Asset Type
Industrial
Closing
Jul 18, 2022
About this deal
AI
The warehouse located at 396 Highway 34 in Matawan, NJ has been sold. The property spans across 9,256 square feet and was sold for a total price of $1,800,000, resulting in a price per square foot of $194.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $1,800,000
- Address: 396 Highway 34, Matawan, NJ
- Market: Matawan, NJ
The buyer in this transaction is Robert Santry, while the seller is Michael Poskonka.
The industrial sale at 396 New Jersey Highway 34, Matawan, New Jersey 07747, United States in Matawan, New Jersey sold for $1.8M in 2022. The building is 9,256 square feet, implying about 194 per square foot on the published price. This page is the Matawan, New Jersey file for the 396 New Jersey Highway 34, Matawan, New Jersey 07747, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Matawan sit in the Market section below. Filter that Matawan industrial set by closing date to see what else sold near 396 New Jersey Highway 34, Matawan, New Jersey 07747, United States around 2022. Published consideration for 396 New Jersey Highway 34, Matawan, New Jersey 07747, United States is $1.8M, dated 2022. Cite this Robert Santry Acquires Warehouse In Matawan, NJ From Michael Poskonka For $1.8M sale when underwriting similar industrial product around Matawan, New Jersey.
Players
Matawan Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93