Bhupinder Singh & Amrik Singh Purchase Jersey City Multifamily For $1.02M With Rep Dharminder Singh
827 Secaucus Road
$1,020,000
$314/SF
Building Size
3,240 SF
Asset Type
MultiFamily
Closing
Jun 30, 2025
AI
This multifamily asset is located at 827 Secaucus Road in Jersey City. The property was sold for $1,020,000, which amounts to $510,000 per unit. The total square footage of the asset is 3,240, resulting in a price per square foot of $314.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,020,000
- Units: 2
- Square Footage: 3,240
- Price per Unit: $510,000
- Price per Square Foot: $314
- Buyer: Bhupinder Singh & Amrik Singh
- Buyer's Representative: Dharminder Singh - eRealty Advisors
- Date of Sale: 07/01/2025
- Market: Jersey City
Dharminder Singh represented the buyers, Bhupinder Singh and Amrik Singh, in this transaction. The sale reflects a successful deal in the multifamily sector, showcasing Dharminder Singh's role in facilitating the process for his clients.
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
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93