facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

74 Hutton Street

Jersey City Multifamily Sale By Natalie Esfandiari & Meena R. Patel For $1.04M
SOLDMultiFamily

Jersey City Multifamily Sale By Natalie Esfandiari & Meena R. Patel For $1.04M

74 Hutton Street

$1,040,000

Building Size

Asset Type

MultiFamily

Closing

Mar 26, 2024

AI

In Jersey City, 74 Hutton Street, a multifamily property, was sold for $1,040,000. The property consists of 5 units, with a price per unit of $208,000.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,040,000
  • Address: 74 Hutton Street
  • Market: Jersey City
  • Units: 5
  • Price Per Unit: $208,000
  • Buyer's Rep: Natalie Esfandiari - Weichert Realtors
  • Seller's Rep: Meena R. Patel - Keller Williams Village Square Realty

Natalie Esfandiari from Weichert Realtors represented the buyer in this transaction, while Meena R. Patel from Keller Williams Village Square Realty represented the seller.

Players

Natalie Esfandiari

Weichert Realtors

Broker

$8.4M

vol

8 deals

Broker

Jersey City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.25%

Cash-on-Cash

-4.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93