Updated Sep 5, 2024
Saddle River Land Sold For $2.1M With Buyer's Rep Jenny Lindberg & Seller's Rep Jerry De Crosta
26 Ackerman Rd Saddle River, NJ 07458, USA
$2,100,000
Building Size
—
Asset Type
Land
Closing
Aug 11, 2023
About this deal
AI
The prime 2-acre Saddle River property at 26 Ackerman Rd, NJ, was sold for $2.1 million. The lot features excellent topography for easy construction and is set in a sought-after location.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,100,000
- Address: 26 Ackerman Road, Saddle River, NJ
- Market: Saddle River
Jenny Lindberg from Keller Williams Village Square Realty represented the buyer in this transaction. Jerry De Crosta from Special Properties served as the seller's representative.
The land sale at 26 Ackerman Rd Saddle River, NJ 07458, USA in Saddle River, New Jersey sold for $2.1M in 2023. 26 Ackerman Rd Saddle River, NJ 07458, USA is classified as Land on Traded. Jenny Lindberg, Jerry De Crosta, Special Properties, Keller Williams Realty appear on the sale alongside Special Properties, Keller Williams Realty. This page is the Saddle River, New Jersey file for the 26 Ackerman Rd Saddle River, NJ 07458, USA land sold: pricing, party profiles, and other closed land comps from the same Saddle River sit in the Market section below. Filter that Saddle River land set by closing date to see what else sold near 26 Ackerman Rd Saddle River, NJ 07458, USA around 2023. Published consideration for 26 Ackerman Rd Saddle River, NJ 07458, USA is $2.1M, dated 2023. Cite this Saddle River Land Sold For $2.1M With Buyer's Rep Jenny Lindberg & Seller's Rep Jerry De Crosta sale when underwriting similar land product around Saddle River, New Jersey.
Players
Saddle River Land Market Snapshot
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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