J Henry Scott Acquires Multifamily Property In South Plainfield, NJ For $8.15M
SOLD
$8,150,000
New Jersey
See Similar DealsMultiFamily38,920 SF
Sold 12/29/2023
SOLD
J Henry Scott Acquires Multifamily Property In South Plainfield, NJ For $8.15M
208 Hamilton Boulevard
See Similar DealsMultiFamily38,920 SF
Sold 12/29/2023
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$209
Total Square Footage:38,920 SF
Transaction Type:Sale
The multifamily property located at 208 Hamilton Boulevard in South Plainfield, NJ has been sold. The transaction took place on 12/29/2023, with a sale price of $8,150,000. The property consists of 33 units, with an average price per unit (PPU) of $246,970. The total square footage of the property is 38,920, resulting in a price per square foot (PPSF) of $209.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,150,000
- Address: 208 Hamilton Boulevard, South Plainfield, NJ
- Market: South Plainfield, NJ
- Units: 33
- PPU: $246,970
- Square Footage: 38,920
- PPSF: $209
The buyer in this transaction is J Henry Scott. The deal was facilitated by Adam Zweibel and Nicholas Favorito from Hudson Atlantic Realty.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$434,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,955.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,635.16
Annual Debt Service$463,621.90
Is there something missing? Send suggestions