Norwood Multifamily Property Sold For $1.125M With Buyer's Rep Wesley Tse & Seller's Rep Laura Skolar-Gamarello
133 Collard Street
$1,125,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 19, 2024
AI
133 Collard Street in Jersey City is a contemporary two-family home featuring 3 bedrooms and 2 baths per unit. The property sold for $1,125,000, with two units available, resulting in a price per unit of $562,500.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,125,000
- Units: 2
- Price Per Unit: $562,500
- Buyer's Representative: Wesley Tse - Corcoran Sawyer Smith
- Seller's Representative: Laura Skolar-Gamarello - Liberty Realty
- Date of Transaction: 07/19/2024
- Address: 133 Collard Street
- Market: Jersey City
The transaction was facilitated by Wesley Tse of Corcoran Sawyer Smith representing the buyer, while Laura Skolar-Gamarello of Liberty Realty represented the seller in this deal.
Players
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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93