Updated Dec 4, 2024
EXP Realty Sells MultiFamily Property In Jersey City For $1.3M With Broker Jamie Moreng
19 Gardner Avenue
$1,335,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 14, 2023
About this deal
AI
The multifamily property located at 19 Gardner Avenue in Jersey City has been sold. The sale price for this property was $1,335,000. The transaction was facilitated by Jamie Moreng, a broker from EXP Realty.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,335,000
- Address: 19 Gardner Avenue
- Market: Jersey City
Jamie Moreng, a representative from EXP Realty, played a significant role in the transaction of the multifamily property at 19 Gardner Avenue in Jersey City.
The multifamily sale at 19 Gardner Avenue in Jersey City, New Jersey sold for $1.3M in 2023. 19 Gardner Avenue is classified as Multifamily on Traded. Jamie Moreng, EXP Realty appear on the sale alongside EXP Realty. This page is the Jersey City, New Jersey file for the 19 Gardner Avenue 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 19 Gardner Avenue around 2023. Published consideration for 19 Gardner Avenue is $1.3M, dated 2023. Cite this EXP Realty Sells MultiFamily Property In Jersey City For $1.3M With Broker Jamie Moreng sale when underwriting similar multifamily product around Jersey City, New Jersey.
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
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93