Updated Dec 20, 2023
RE/MAX Villa Realtors Sells Multifamily Property In Weehawken, NJ For $1.275M
42 Clifton Terrace, Weehawken, NJ, USA
$1,275,000
$255/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Jul 14, 2021
About this deal
AI
The multifamily property located at 42 Clifton Ter in Weehawken, NJ has been sold for a price of $1,275,000. The transaction took place on 07/15/2021. The property is situated in a market characterized by multiple units within the same building, making it a viable investment for buyers.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Address: 42 Clifton Ter, Weehawken, NJ
- Market: Weehawken, NJ
The sale of this property was facilitated by Barbara Tulko from RE/MAX Villa Realtors. Barbara Tulko served as the broker representative for this transaction, providing valuable assistance to both the buyer and seller throughout the process. The involvement of Barbara Tulko highlights the dedication of professionals in ensuring smooth real estate transactions in the Weehawken, NJ market.
Players
Weehawken 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
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93