Updated Dec 20, 2023
Coldwell Banker Acquires Multifamily Asset In Jersey City For $950K - Aleshia Jijon
780 Grand Street, Jersey City, NJ, USA
$950,000
$413/SF
Building Size
2,300 SF
Asset Type
MultiFamily
Closing
Dec 13, 2020
About this deal
AI
The multifamily property located at 780 Grand Street in Jersey City was recently sold for $950,000. The transaction took place on December 14, 2020. The property features multiple residential units and is situated in the Jersey City market.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $950,000
- Address: 780 Grand Street
- Date: December 14, 2020
- Market: Jersey City
Aleshia Jijon from Coldwell Banker represented the seller in the deal.
The multifamily sale at 780 Grand Street, Jersey City, NJ, USA in Jersey City, New Jersey sold for $950K in 2020. The building is 2,300 square feet, implying about 413 per square foot on the published price. Aleshia Jijon, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Jersey City, New Jersey file for the 780 Grand Street, Jersey City, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jersey City sit in the Market section below. Filter that Jersey City multifamily set by closing date to see what else sold near 780 Grand Street, Jersey City, NJ, USA around 2020. Published consideration for 780 Grand Street, Jersey City, NJ, USA is $950K, dated 2020. Cite this Coldwell Banker Acquires Multifamily Asset In Jersey City For $950K - Aleshia Jijon sale when underwriting similar multifamily product around Jersey City, New Jersey.
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
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93