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51 Union Avenue

Updated Dec 4, 2024

Land At 51 Union Avenue In Rutherford Sold For $1.75M With Broker Zohar Zamir
SOLDLand

Land At 51 Union Avenue In Rutherford Sold For $1.75M With Broker Zohar Zamir

51 Union Avenue

$1,750,000

Building Size

Asset Type

Land

Closing

Nov 15, 2023

About this deal

AI

A land property at 51 Union Avenue in Rutherford was sold for $1,750,000. The transaction was facilitated by Zohar Zamir of Keller Williams.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $1,750,000
  • Address: 51 Union Avenue
  • Market: Rutherford

Zohar Zamir, a broker from Keller Williams, represented the parties involved in the transaction.

The land sale at 51 Union Avenue in Rutherford, New Jersey sold for $1.8M in 2023. 51 Union Avenue is classified as Land on Traded. Zohar Zamir, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Rutherford, New Jersey file for the 51 Union Avenue land sold: pricing, party profiles, and other closed land comps from the same Rutherford sit in the Market section below. Filter that Rutherford land set by closing date to see what else sold near 51 Union Avenue around 2023. Published consideration for 51 Union Avenue is $1.8M, dated 2023. Cite this Land At 51 Union Avenue In Rutherford Sold For $1.75M With Broker Zohar Zamir sale when underwriting similar land product around Rutherford, New Jersey.

Players

Zohar Zamir

Keller Williams Realty

Broker

$2.8M

vol

2 deals

Broker

Rutherford Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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