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129 Ogden Avenue

Multifamily Property In Jersey City Sold For $1.05M With Keller Williams & Coldwell Banker Representatives
SOLDMultiFamily

Multifamily Property In Jersey City Sold For $1.05M With Keller Williams & Coldwell Banker Representatives

129 Ogden Avenue

$1,050,000

Building Size

Asset Type

MultiFamily

Closing

Jan 29, 2024

AI

129 Ogden Avenue in Jersey City, a multifamily property, sold for $1,050,000. The transaction was facilitated by Justin Braverman from Keller Williams, who represented the buyer, and Jill Biggs from Coldwell Banker, who represented the seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 129 Ogden Avenue, Jersey City
  • Market: Jersey City
  • Buyer's Rep: Justin Braverman - Keller Williams
  • Seller's Rep: Jill Biggs - Coldwell Banker

The buyer's representative, Justin Braverman from Keller Williams, played a pivotal role in the transaction. On the other side, Jill Biggs from Coldwell Banker represented the seller. Both parties' expertise and negotiation skills contributed to the successful sale of the multifamily property.

Players

Jill Biggs

Coldwell Banker

Broker

$51.2M

vol

29 deals

Broker

Jersey City 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93