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113 Hutton Street

Multifamily Property At 113 Hutton Street Sold For $1,530,000 In Jersey City
SOLDMultiFamily

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

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.

Players

Gregory Edgell

Grid Real Estate

Broker

$26.7M

vol

15 deals

Broker

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