Updated Dec 18, 2023
Surjeet Singh Acquires SFR Property In Colonia, NJ For $1.35M
54 Meredith Road, Colonia, New Jersey 07067, United States
$1,350,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2022
About this deal
AI
The property involved in this transaction is a single-family home located at 54 Meredith Rd in Colonia, NJ. The sale took place on January 20, 2022, with a sale price of $1,350,000. The property was sold by Lina Batra & Norman Batra to Surjeet Singh.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,350,000
- Address: 54 Meredith Rd, Colonia, NJ
- Market: Colonia, NJ
In this transaction, Surjeet Singh acted as the buyer, while Lina Batra & Norman Batra were the sellers. The deal was successfully completed, and the property has now changed ownership.
Players
Colonia 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93