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2321 John F Kennedy Boulevard

Sandy Melad Of Keller Williams Realty Represents Sale Of Mixed-Use Property In Jersey City For $1.45M
SOLDMixed-use

Sandy Melad Of Keller Williams Realty Represents Sale Of Mixed-Use Property In Jersey City For $1.45M

2321 John F Kennedy Boulevard

$1,450,000

$250/SF

Building Size

5,800 SF

Asset Type

Mixed-use

Closing

Nov 30, 2025

AI

The property asset involved in this transaction is a mixed-use building located at 2321 John F Kennedy Boulevard in Jersey City. The sale was concluded at a price of $1,450,000, encompassing a total of 6 units, which includes 4 residential and 2 commercial spaces. The overall square footage of the property is 5,800, resulting in a price per square foot of $250 and a price per unit of $241,667.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,450,000
  • Units: 6
  • Residential Units: 4
  • Commercial Units: 2
  • Square Footage: 5,800
  • Price per Square Foot: $250
  • Price per Unit: $241,667

Sandy Melad represented the buyer in this transaction through Keller Williams Realty, facilitating the sale of this mixed-use asset in the Jersey City market. The representation highlights the involvement of established brokerage expertise within the deal process.

Players

Sandy Melad

Keller Williams Realty

Broker

$1.5M

vol

1 deal

Broker

Jersey City Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93