Updated Sep 5, 2024
Keller Williams City Life JC Realty Acquires Multifamily Property In Jersey City, NJ
133 Hutton Street, Jersey City, NJ 07307, USA
$1,100,000
$440/SF
Building Size
2,500 SF
Asset Type
MultiFamily
Closing
Apr 21, 2021
About this deal
AI
The multifamily property located at 133 Hutton St in Jersey City, NJ was recently sold. The transaction took place on 04/22/2021, with a sale price of $1,100,000. The property consists of two units, resulting in a price per unit (PPU) of $550,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 133 Hutton St, Jersey City, NJ
- Market: Jersey City, NJ
- Units: 2
- Price per Unit (PPU): $550,000
Erin Downs from Keller Williams City Life JC Realty represented the buyer in this transaction, while Jesse Toledano from Modern Spaces NJ LLC represented the seller.
On the Map
$1,100,000
$440/SF
MultiFamily
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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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93