SOLDMultiFamily
Realmart Realty Acquires Multifamily Property In Jersey City For $1.06M
144 Webster Avenue, Jersey City, NJ 07307, USA
$1,062,000
$292/SF
Building Size
3,630 SF
Asset Type
MultiFamily
Closing
Jun 3, 2020
AI
A multifamily property located at 144 Webster Ave in Jersey City has been sold for a total price of $1,062,000. The sale was completed on 06/03/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,062,000
- Address: 144 Webster Ave, Jersey City
- Market: Jersey City
Wei Liu from Realmart Realty represented the buyer in this transaction, while Aaron Visco from Keller Williams City Life Jc Realty represented the seller.
Jersey City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.94%
Cash-on-Cash
-4.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93