Updated Oct 13, 2026
BB Capital LLC Acquires Office Building In Northfield, NJ For $1.35M
1750 Zion Road Northfield, NJ 08225, USA
$1,350,000
$63/SF
Building Size
21,440 SF
Asset Type
Office
Closing
May 21, 2020
About this deal
AI
Located in Northfield, NJ, the office property at 1750 Zion Road was recently sold in a transaction facilitated by Bill Tourtellotte of CBRE. The property, spanning 21,440 square feet, was sold by JAMAG Inc. to BB Capital LLC at a price of $1,350,000, resulting in a price per square foot of $63.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,350,000
- Address: 1750 Zion Road, Northfield, NJ
- Market: Northfield, NJ
- Broker: Bill Tourtellotte - CBRE
This transaction highlights the successful collaboration between BB Capital LLC and JAMAG Inc., with Bill Tourtellotte representing BB Capital LLC in the deal. The purchase of this office property presents an opportunity for BB Capital LLC to expand its real estate portfolio.
On the Map
$1,350,000
$63/SF
Office
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Players
Northfield Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93