Updated Jul 18, 2025
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
About this deal
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