Updated May 5, 2026
SOLDMultiFamily
Isaac Rutt Purchases Multifamily Portfolio From Andrea Nieves For $1,750,000 In Jersey City
113 Hutton Street & 144 Saint Pauls Avenue
$1,750,000
$87/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Feb 4, 2026
About this deal
AI
No summary available.
On the Map
$1,750,000
$87/SF
MultiFamily
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Jersey City MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93