Updated Dec 19, 2023
Keller Williams Park Views Acquires Multifamily Property In Hoboken, NJ For $1.8M
1128 Willow Avenue, Hoboken, NJ 07030, USA
$1,800,000
$868/SF
Building Size
2,073 SF
Asset Type
MultiFamily
Closing
Sep 17, 2021
About this deal
AI
A multifamily property located at 1128 Willow Ave in Hoboken, NJ has been sold for a total price of $1,800,000. The property consists of 5 units, resulting in a price per unit of $360,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Address: 1128 Willow Ave
- Market: Hoboken, NJ
The buyer's representative in this transaction was Jason Trembicki from Keller Williams Park Views. The seller's representatives were Mary Knapp and Michael Cricco from Howard Hanna Rand Realty.
The multifamily sale at 1128 Willow Avenue, Hoboken, NJ 07030, USA in Hoboken, New Jersey sold for $1.8M in 2021. Reported inventory is 2,073 square feet across 5 units, or about 868 per square foot. Named participants on the 1128 Willow Avenue, Hoboken, NJ 07030, USA sale are Mary Knapp, Jason Trembicki, Michael Cricco. This page is the Hoboken, New Jersey file for the 1128 Willow Avenue, Hoboken, NJ 07030, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 1128 Willow Avenue, Hoboken, NJ 07030, USA around 2021. Published consideration for 1128 Willow Avenue, Hoboken, NJ 07030, USA is $1.8M, dated 2021. Cite this Keller Williams Park Views Acquires Multifamily Property In Hoboken, NJ For $1.8M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93