Updated Oct 2, 2026
Brian Phillips Purchases MultiFamily Property At 76 Arlington Ave Jersey City For $1,025,000
76 Arlington Ave
$1,025,000
$116/SF
Building Size
8,814 SF
Asset Type
MultiFamily
Closing
Mar 31, 2020
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 76 Arlington Ave in Jersey City. The sale was finalized for a price of $1,025,000.00 and encompasses a total square footage of 8,814.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,025,000.00
- Address: 76 Arlington Ave
- Market: Jersey City
- Square Footage: 8,814.0
- Buyer: Brian Phillips
- Seller: Joel Perez
- Brokers: Steven Matovski - Redwood Realty Advisors
The transaction involved key individuals including the buyer, Brian Phillips, and the seller, Joel Perez. The brokerage firm Redwood Realty Advisors was represented by Steven Matovski in facilitating this transaction.
On the Map
$1,025,000
$116/SF
MultiFamily
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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
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93