facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

15 Marion Place

Updated Aug 21, 2026

Mitch Hammer Acquires MultiFamily Property In Jersey City For $1,450,000 With Steve As Seller
SOLDMultiFamily

Mitch Hammer Acquires MultiFamily Property In Jersey City For $1,450,000 With Steve As Seller

15 Marion Place

$1,450,000

$166/SF

Building Size

8,700 SF

Asset Type

MultiFamily

Closing

Apr 12, 2021

About this deal

AI

A multi-family property located at 15 Marion Place in Jersey City has been sold for $1,450,000.00. The asset boasts a square footage of 8,700.0 square feet.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,450,000.00
  • Address: 15 Marion Place
  • Market: Jersey City
  • Broker: Steven Matovski - Redwood Realty Advisors
  • Buyer: Mitch Hammer
  • Seller: Steve

Steven Matovski represented the seller in this transaction, facilitating the sale process effectively for both parties involved.

The multifamily sale at 15 Marion Place in Jersey City, New Jersey sold for $1.5M in 2021. The building is 8,700 square feet, implying about 166 per square foot on the published price. Steven Matovski, Mitch Hammer, Steve Neishewat, Redwood Realty Advisors appear on the sale alongside Redwood Realty Advisors. This page is the Jersey City, New Jersey file for the 15 Marion Place multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 15 Marion Place around 2021. Published consideration for 15 Marion Place is $1.5M, dated 2021. Cite this Mitch Hammer Acquires MultiFamily Property In Jersey City For $1,450,000 With Steve As Seller sale when underwriting similar multifamily product around Jersey City, New Jersey.

Players

Steven Matovski

Redwood Realty Advisors

Broker

$133.8M

vol

40 deals

Broker

Mitch Hammer

Buyer
Buyer

Steve Neishewat

Seller
Seller

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $166 per square foot on a published $1.5M for 8,700 square feet (2021).

Visit Steven Matovski to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets