Updated Dec 19, 2023
Diane McMurdo Brokers $2.3M Sale Of Multifamily Property At 285 4th St, Jersey City
285 4th Street, Jersey City, New Jersey 07302, United States
$2,285,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 3, 2022
About this deal
AI
The multifamily property located at 285 4th St in Jersey City has been sold for a price of $2,285,000. The transaction took place on 08/04/2022 and was facilitated by Diane McMurdo of Coldwell Banker Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,285,000
- Address: 285 4th St
- Market: Jersey City
Diane McMurdo, a representative from Coldwell Banker Realty, played a crucial role in the sale of this multifamily property. Their expertise and professional guidance contributed to the successful completion of the transaction.
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
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93