Coldwell Banker Realty Sells Multifamily Property In Weehawken, NJ For $1.6M With Jill Biggs As The Broker
SOLD
$1,585,000
New Jersey
See Similar DealsMultiFamily
Sold 12/17/2021
SOLD
Coldwell Banker Realty Sells Multifamily Property In Weehawken, NJ For $1.6M With Jill Biggs As The Broker
11 Duer Place, Weehawken, NJ 07086
See Similar DealsMultiFamily
Sold 12/17/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 11-13 Duer Pl in Weehawken, NJ has been sold for a total of $1,585,000. The property consists of 3 units, with an average price per unit of $528,333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,585,000
- Address: 11-13 Duer Pl, Weehawken, NJ
- Market: Weehawken, NJ
- Broker: Jill Biggs - Coldwell Banker Realty
Jill Biggs from Coldwell Banker Realty represented the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,631.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,513.71
Annual Debt Service$90,164.50
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