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1 Zachary Lane Trenton, Nj

Lender Provident Bank Provides $31.5 Million Refinance Loan For Multifamily Asset In Trenton NJ
FINANCEDMultiFamily

Lender Provident Bank Provides $31.5 Million Refinance Loan For Multifamily Asset In Trenton NJ

1 Zachary Lane Trenton, Nj

$31,500,000

$162/SF

Building Size

194,350 SF

Asset Type

MultiFamily

Closing

Dec 7, 2025

AI

The property located at 1 Zachary Lane in Trenton, NJ, features a multifamily asset with a square footage of 194,350. This asset was involved in a refinance transaction amounting to $31,500,000 through Provident Bank.

Summary of transaction details:

This transaction was facilitated by a team of representatives from Arrow Real Estate Advisors, highlighting the involvement of Morris Betesh, Jacob Schmuckler, Morris Dabbah, and Louis Halperin, who played crucial roles in representing the landlord in this refinance deal.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$12.6B

vol

219 deals

Broker
Provident Bank
Provident BankLender

Trenton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93