Updated Oct 9, 2026
David Ferber Of Matthews Represents Sale Of Bayonne Multifamily Asset For $1.165M
301 Broadway /
$1,165,000
$284/SF
Building Size
4,100 SF
Asset Type
MultiFamily
Closing
Sep 23, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 301 Broadway in Bayonne. The sale price of the property was $1,165,000, comprising 6 units. The total square footage of the building is 4,100, resulting in a price per unit of $194,166.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,165,000
- Units: 6
- Price per Unit: $194,166
- Square Footage: 4,100
- Market: Bayonne
The transaction was represented by David Ferber from Matthews, highlighting his role as the broker in this multifamily sale.
On the Map
$1,165,000
$284/SF
MultiFamily
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Players
Bayonne 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
13.62%
Cash-on-Cash
-3.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93