Updated Oct 14, 2026
Compass Acquires Multifamily Property In Jersey City With Buyer's Rep Eddie Perez & Seller's Rep Brent Blythe III
124 De Kalb Avenue
$1,399,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 5, 2023
About this deal
AI
A multifamily property located at 124 Dekalb Avenue in Jersey City has been sold. The property was represented by Brent Blythe III of New and Modern Group for the seller, while Eddie Perez of Compass acted as the buyer's representative. The sale price for this property was $1,399,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,399,000
- Address: 124 Dekalb Avenue, Jersey City
- Market: Jersey City
- Buyer's Representative: Eddie Perez - Compass
- Seller's Representative: Brent Blythe III - New and Modern Group
The buyer in this transaction was represented by Eddie Perez of Compass, a real estate brokerage firm. On the other hand, Brent Blythe III, a representative from New and Modern Group, handled the seller's interests. The involvement of these brokers further highlights the collaborative efforts that took place in completing the sale.
On the Map
$1,399,000
MultiFamily
View full map
Players
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Jersey City multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.34%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93