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RE/MAX Villa Realtors Sells Multifamily Property In Weehawken, NJ For $1.275M

Property Image
SOLD
$1,275,000

New Jersey

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MultiFamily5,000 SF
Sold 07/15/2021
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Property Image
SOLD

RE/MAX Villa Realtors Sells Multifamily Property In Weehawken, NJ For $1.275M

42 Clifton Terrace, Weehawken, NJ, USA

See Similar Deals
MultiFamily5,000 SF
Sold 07/15/2021
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$255
Total Square Footage:5,000 SF
Transaction Type:Sale

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

Barbara Tulko
Re/Max
Barbara Tulko
2 deals$2.4M volume
BROKER

Details

SOLD
IMAGE: Barbara Tulko DATE: 07/15/2021 ADDRESS: 42 Clifton Ter MARKET: Weehawken, NJ ASSET TYPE: Multifamily BROKER: Barbara Tulko - RE/MAX Villa Realtors SALE PRICE: $1,275,000

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

$67,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,529.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,044.15
Annual Debt Service$72,529.81