Updated Dec 21, 2023
Century21 Preferred Realty Sells Multifamily Property In Jersey City For $1.1M
67 Hopkins Ave, Jersey City, NJ, USA
$1,100,000
$314/SF
Building Size
3,502 SF
Asset Type
MultiFamily
Closing
Jun 3, 2021
About this deal
AI
The multifamily property located at 67 Hopkins Ave in Jersey City, NJ has been sold for a total price of $1,100,000. The transaction took place on 06/04/2021. The property, marketed as a part of the sale, was represented by Francis DeBari from Century21 Preferred Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Date: 06/04/2021
- Address: 67 Hopkins Ave, Jersey City, NJ
- Market: Jersey City, NJ
- Broker: Francis DeBari - Century21 Preferred Realty
The deal was facilitated by Francis DeBari from Century21 Preferred Realty who represented the seller/buyer/landlord/tenant in the transaction.
Players
Jersey City 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93