Updated Dec 21, 2023
Coldwell Banker Acquires Multifamily Property In East Rutherford, NJ For $1.175M
70 River St, East Rutherford, NJ, USA
$1,175,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 4, 2020
About this deal
AI
A multifamily property located at 70 River St in East Rutherford, NJ has been sold for $1,175,000. The transaction took place on 06/04/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,175,000
- Market: East Rutherford, NJ
- Address: 70 River St
The buyer's representative in the deal was Jessica Torrie from Coldwell Banker, while the seller's representative was David Ciliento from Modern Realty Group.
The multifamily sale at 70 River St, East Rutherford, NJ, USA in East Rutherford, New Jersey sold for $1.2M in 2020. 70 River St, East Rutherford, NJ, USA is classified as Multifamily on Traded. Jessica Torrie, David (Dave) Ciliento, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the East Rutherford, New Jersey file for the 70 River St, East Rutherford, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same East Rutherford sit in the Market section below. Filter that East Rutherford multifamily set by closing date to see what else sold near 70 River St, East Rutherford, NJ, USA around 2020. Published consideration for 70 River St, East Rutherford, NJ, USA is $1.2M, dated 2020. Cite this Coldwell Banker Acquires Multifamily Property In East Rutherford, NJ For $1.175M sale when underwriting similar multifamily product around East Rutherford, New Jersey.
Players
East Rutherford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93