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21 Orlando Drive

Debbie Pomerantz Of DLP Real Estate Represents Seller In $13.25M Multifamily Sale In Raritan NJ
SOLDMultiFamily

Debbie Pomerantz Of DLP Real Estate Represents Seller In $13.25M Multifamily Sale In Raritan NJ

21 Orlando Drive

$13,250,000

Units

42

Asset Type

MultiFamily

Closing

Aug 11, 2026

AI

The property involved in this transaction is a multifamily asset consisting of 42 units located at 21 Orlando Drive, Raritan, NJ. The transaction was completed for a sale price of $13,250,000, resulting in a price per unit of $315,476.

Summary of transaction details:

Debbie Pomerantz, who has over two decades of experience in commercial real estate, launched DLP Real Estate with this notable transaction. She represented the seller and was responsible for procuring the buyer while leveraging her expertise across various real estate sectors including multifamily, retail, mixed-use, and land development within the New York, New Jersey, and Greater Philadelphia regions.

Players

Debbie Pomerantz

DLP Real Estate

Broker

$135.2M

vol

13 deals

Broker
DE
DLP Real EstateBrokerage

Raritan MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.20%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93