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114 Neptune Avenue

Updated Oct 2, 2026

Berry Wingzer Acquires Multifamily Property At 114 Neptune Avenue Jersey City From Vincent Ho For $999,999
SOLDMultiFamily

Berry Wingzer Acquires Multifamily Property At 114 Neptune Avenue Jersey City From Vincent Ho For $999,999

114 Neptune Avenue

$999,999

$203/SF

Building Size

4,908 SF

Asset Type

MultiFamily

Closing

Mar 19, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 114 Neptune Avenue in Jersey City. The property comprises 6 units and has a total square footage of 4,908. The sale price was $999,999, resulting in a per unit price of $166,666 and a price per square foot of $203.

Summary of transaction details:

The key individuals involved in this transaction include the buyer, Berry Wingzer, and the seller, Vincent Ho. The brokers representing this deal were Steven Matovski and Liam Holman from Redwood Realty Advisors, highlighting their role in facilitating the sale of the property.

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$999,999

$203/SF

MultiFamily

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Players

Steven Matovski

RLX Realty Advisors

Broker

$133.8M

vol

40 deals

Broker

Berry Wingzer

Buyer
Buyer
Vincent Ho

Vincent Ho

Seller

$2.1M

vol

2 deals

Seller

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $203 per square foot on a published $1M for 4,908 square feet (2025).

Visit Steven Matovski to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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