Updated Dec 21, 2023
Bergen County Realty Sells Mixed-Use Property In North Bergen For $1.3M
7014 Bergenline Avenue, North Bergen, New Jersey 07047, United States
$1,300,000
$149/SF
Building Size
8,704 SF
Asset Type
Mixed-use
Closing
Jun 2, 2022
About this deal
AI
A mixed-use property located at 7014 Bergenline Ave in North Bergen has been sold. The property, consisting of 9 units, was sold for a total of $1,300,000. With a total square footage of 8,704, the price per square foot stands at $149. The transaction was facilitated by Melody Schnepf of Bergen County Realty.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,300,000
- Units: 9
- Price per Unit: $144,444
- Total Square Footage: 8,704
- Price per Square Foot: $149
Melody Schnepf, a representative from Bergen County Realty, played a pivotal role in the sale of this mixed-use property in North Bergen.
Players
North Bergen Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Melody Schnepf to view all their deals.
Browse New Jersey mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93