Angie Prinz Acquires Multifamily Property In North Bergen For $970,000
7722 Broadway, North Bergen, NJ 07047
$970,000
$297/SF
Building Size
3,264 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
AI
A multifamily property located at 7722 Broadway in North Bergen, NJ has been sold in a recent transaction. The property spans 3,264 square feet and was sold for $970,000, resulting in a price per square foot of $297.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $970,000
- Address: 7722 Broadway, North Bergen, NJ
- Market: North Bergen, NJ
The buyer of the property is Angie Prinz, while the seller is Alexis Mendoza. The deal was facilitated by Susan Maryanski of the Maryanski Group, who represented both parties in the transaction.
North Bergen 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
16.35%
Cash-on-Cash
-4.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93