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840 Martin Street

Maurice Negron Of TNT Realty NJ Represents Sale Of Elizabeth Multifamily For $1,049,000
SOLDMultiFamily

Maurice Negron Of TNT Realty NJ Represents Sale Of Elizabeth Multifamily For $1,049,000

840 Martin Street

$1,049,000

$262/SF

Building Size

4,000 SF

Asset Type

MultiFamily

Closing

May 11, 2026

AI

This multifamily property is located at 840 Martin Street in the Elizabeth market. The asset was sold for $1,049,000 and encompasses a total area of 4,000 square feet, resulting in a price per square foot of $262.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,049,000
  • Square Footage: 4,000
  • Price per Square Foot: $262
  • Broker: Maurice Negron - TNT Realty NJ
  • Date of Sale: 05/12/2026

The transaction was facilitated by broker Maurice Negron from TNT Realty NJ, who represents the interests of the involved parties in this real estate deal.

Players

Maurice Negron

Lifestyle International Realty

Broker

$2.3M

vol

2 deals

Broker

Elizabeth 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

15.12%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93