Updated Sep 5, 2024
Keller Williams Acquires South Orange Village Twp Multifamily For $1.32M
195 Village Road, South Orange, New Jersey 07079, United States
$1,320,000
Building Size
—
Asset Type
MultiFamily
Closing
May 5, 2022
About this deal
AI
The multifamily property located at 195-197 Village Rd in South Orange Village Twp has been sold for a total price of $1,320,000. The transaction took place on 05/06/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,320,000
- Address: 195-197 Village Rd
- Market: South Orange Village Twp
The buyer's representation was provided by Robert & Andrea Northfield from Keller Williams, while Allison Ziefert from Compass represented the seller in this transaction.
The multifamily sale at 195 Village Road, South Orange, New Jersey 07079, United States in South Orange, New Jersey sold for $1.3M in 2022. 195 Village Road, South Orange, New Jersey 07079, United States is classified as Multifamily on Traded. Robert Northfield, Andrea Northfield, Allison Ziefert, Compass appear on the sale alongside Compass, Keller Williams Realty. This page is the South Orange, New Jersey file for the 195 Village Road, South Orange, New Jersey 07079, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same South Orange sit in the Market section below. Filter that South Orange multifamily set by closing date to see what else sold near 195 Village Road, South Orange, New Jersey 07079, United States around 2022. Published consideration for 195 Village Road, South Orange, New Jersey 07079, United States is $1.3M, dated 2022. Cite this Keller Williams Acquires South Orange Village Twp Multifamily For $1.32M sale when underwriting similar multifamily product around South Orange, New Jersey.
Players
South Orange 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
12.02%
Cash-on-Cash
-3.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93