Updated May 29, 2026
Multifamily Property At 113 Hutton Street Sold For $1,530,000 In Jersey City
113 Hutton Street
$1,530,000
$218/SF
Building Size
7,000 SF
Asset Type
MultiFamily
Closing
May 25, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily unit located at 113 Hutton Street in Jersey City. The sale price for the asset was $1,530,000, with a total square footage of 7,000, resulting in a price per square foot of $218.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,530,000
- Address: 113 Hutton Street
- Market: Jersey City
- Square Footage: 7,000
- Price per Square Foot: $218
- Broker Representatives: Chris Vitiello & Gregory Edgell - Grid Real Estate
Chris Vitiello and Gregory Edgell represented the transaction for the deal. They are affiliated with Grid Real Estate, indicating their role in facilitating the sale of the property.
On the Map
$1,530,000
$218/SF
MultiFamily
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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
10.37%
Cash-on-Cash
-2.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93