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:
- Property Type: Multifamily
- Transaction Amount: $13,250,000
- Units: 42
- Price per Unit: $315,476
- Broker: Debbie Pomerantz - DLP Real Estate
- Date of Sale: 08/11/2026
- Market: Raritan, NJ
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
Raritan 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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93