Jill Biggs & Vaughn Smith Facilitate $1.125M Multifamily Sale In Weehawken Twp, NJ
SOLD
$1,125,000
New Jersey
See Similar DealsMultiFamily2,613 SF
Sold
SOLD
Jill Biggs & Vaughn Smith Facilitate $1.125M Multifamily Sale In Weehawken Twp, NJ
40 Duer Place, Weehawken, NJ 07086
See Similar DealsMultiFamily2,613 SF
Sold
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$430
Total Square Footage:2613 SF
Transaction Type:Sale
The multifamily property located at 40 Duer Pl in Weehawken Twp, NJ has been sold for a total price of $1,125,000. This property was part of a recent sale transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,125,000
- Address: 40 Duer Pl, Weehawken Twp, NJ
- Market: Weehawken Twp, NJ
Jill Biggs from Coldwell Banker Realty represented the buyer in this transaction, while Vaughn Smith from Hearth Realty Group represented the seller.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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