Updated May 15, 2026
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
About this deal
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.
On the Map
$1,049,000
$262/SF
MultiFamily
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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