Continental Real Estate Group Facilitates $1.97M Sale Of Multifamily Property In Jersey City
SOLD
$1,967,000
New Jersey
See Similar DealsMultiFamily
Sold 08/29/2022
SOLD
Continental Real Estate Group Facilitates $1.97M Sale Of Multifamily Property In Jersey City
219 1st Street, Jersey City, New Jersey 07302, United States
See Similar DealsMultiFamily
Sold 08/29/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property located at 219 1st St in Jersey City has been sold for a total price of $1,967,000. The property consists of four units, with an average price per unit of $491,750.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,967,000
- Units: 4
- Price Per Unit: $491,750
The sale was facilitated by broker Derek Eisenberg from Continental Real Estate Group, Inc.
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)
$104,906.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,988.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,324.58
Annual Debt Service$111,895.00
Is there something missing? Send suggestions