facebook
Traded Co logo
Submit
Daily limit: 0/10

Christopher Davies Represents Buyer In $1.125M Long Beach Township Multifamily Sale

Property Image
SOLD
$1,125,000

New Jersey

See Similar Deals
MultiFamily1,712 SF
Sold 06/07/2024
the dealplayerscompscontact
Property Image
SOLD

Christopher Davies Represents Buyer In $1.125M Long Beach Township Multifamily Sale

13209 Beach Avenue

See Similar Deals
MultiFamily1,712 SF
Sold 06/07/2024
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$657
Total Square Footage:1,712 SF
Transaction Type:Sale

The ocean block duplex at 13209 Beach Avenue in Long Beach Township was sold for $1,125,000. The property features two units, each offering spacious living areas, renovated kitchens, bedrooms, and full bathrooms. It presents opportunities for rental income or family enjoyment in a convenient location near amenities and Beach Haven.

Summary of transaction details:

  • Property Type: Multidamily
  • Transaction Amount: $1,125,000
  • Address: 13209 North Beach Avenue
  • Market: Long Beach Township
  • Square Footage: 1,712
  • Price per Square Foot: $657

Christopher Davies of Davies and DeGennaro Real Estate represented the buyer in the deal, while Holly Muia of The Van Dyk Group represented the seller. The transaction took place on 06/07/2024.

Players

Holly Muia
3 deals$5.4M volume
BROKER

Christopher (CJ) Davies
Davies and DeGennaro Real Estate
1 deal$1.1M volume(609) 713-8952
BROKER

Details

SOLD
IMAGE: Christopher Davies & Holly Muia DATE: 06/07/2024 ADDRESS: 13209 North Beach Avenue MARKET: Long Beach Township ASSET TYPE: Multidamily BUYER'S REP: Christopher Davies (@CJDavies3) - Davies and DeGennaro Real Estate SELLER'S REP: Holly Muia (@HollyMuiaRealtor) - The Van Dyk Group (@VandykGroup) SALE PRICE: $1,125,000 SF: 1,712 ~ PPSF: $657 NOTE: The ocean block duplex at 13209 Beach Avenue in Long Beach Township was sold for $1,125,000, with Christopher Davies of Davies and DeGennaro Real Estate representing the buyer and Holly Muia of The Van Dyk Group representing the seller. The property features two units, each offering spacious living areas, renovated kitchens, bedrooms, and full bathrooms, presenting opportunities for rental income or family enjoyment in a convenient location near amenities and Beach Haven.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$60,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89