facebook
Traded Co logo
Submit
Daily limit: 0/10

Lisa Fox Of Prominent Properties Sells Fort Lee Multifamily Property For $1.255M

Property Image
SOLD
$1,255,000

New Jersey

See Similar Deals
MultiFamily
Sold 07/01/2024
the dealplayerscompscontact
Property Image
SOLD

Lisa Fox Of Prominent Properties Sells Fort Lee Multifamily Property For $1.255M

336 Tremont Avenue

See Similar Deals
MultiFamily
Sold 07/01/2024
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property at 336 Tremont Avenue in Fort Lee was sold for $1,255,000. It consists of two spacious apartments, each offering three bedrooms, two bathrooms, hardwood floors, ample natural light, and versatile living spaces. The location is convenient, being close to schools, shopping areas, and commuter routes to NYC.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,255,000
  • Address: 336 Tremont Avenue
  • Market: Fort Lee

Lisa Fox from Prominent Properties Sotheby's International Realty facilitated the sale of the property. She played a key role in connecting the parties involved in the transaction, ensuring a successful deal for both sides.

Players

Lisa Fox
1 deal$1.3M volume(201) 233-0477
BROKER

Details

SOLD
IMAGE: Lisa Fox DATE: 07/01/2024 ADDRESS: 336 Tremont Avenue MARKET: Fort Lee ASSET TYPE: Multifamily BROKER: Lisa Fox (@LisaFox_realtor) - Prominent Properties Sotheby's International Realty (@PromPropSIR) SALE PRICE: $1,255,000 NOTE: Lisa Fox of Prominent Properties Sotheby's International Realty facilitated the sale of a multifamily property at 336 Tremont Avenue in Fort Lee for $1,255,000. The property features two spacious apartments with three bedrooms, two bathrooms each, offering hardwood floors, ample natural light, and versatile living spaces suitable for investors or owner-occupants seeking a convenient location near schools, shopping, and commuter routes to NYC.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,458.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,949.34
Annual Debt Service$71,392.08