Keller Williams Valley Realty Acquires Multifamily Property In Hoboken, NJ For $2.2M
SOLD
$2,200,000
New Jersey
See Similar DealsMultiFamily1,494 SF
Sold 09/01/2021
SOLD
Keller Williams Valley Realty Acquires Multifamily Property In Hoboken, NJ For $2.2M
1025 Park Avenue, Collingswood, NJ 08108, USA
See Similar DealsMultiFamily1,494 SF
Sold 09/01/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,472
Total Square Footage:1,494 SF
Transaction Type:Sale
The multifamily property located at 1025 Park Ave in Hoboken, NJ was recently sold for $2,200,000. The transaction took place on September 1, 2021. The property features multiple residential units, making it an attractive investment opportunity in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Date: 09/01/2021
- Address: 1025 Park Ave, Hoboken, NJ
Allen Ten Hoeve from Keller Williams Valley Realty represented the buyer in this transaction, while Renee Condon from Keller Williams City Life JC Realty acted as the seller's representative. Their expertise and negotiation skills played a crucial role in the successful completion of the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
Is there something missing? Send suggestions