Updated Dec 21, 2023
John C. Tenneson Acquires Church In Edison From Janet Suss For $5.35M
100 James St, Edison, NJ, USA
$5,350,000
$356/SF
Building Size
15,010 SF
Asset Type
Other
Closing
Apr 20, 2021
About this deal
AI
The property asset involved in this transaction is a church located at 100 James St in Edison. The sale took place on 04/21/2021.
Summary of transaction details:
- Property Type: Church
- Sale Price: $5,350,000
- Address: 100 James St, Edison
- Market: Edison
John C. Tenneson purchased the church from Janet Suss. They represented themselves in the deal.
The other sale at 100 James St, Edison, NJ, USA in Edison, New Jersey sold for $5.4M in 2021. The building is 15,010 square feet, implying about 356 per square foot on the published price. This page is the Edison, New Jersey file for the 100 James St, Edison, NJ, USA other sold: pricing, party profiles, and other closed other comps from the same Edison sit in the Market section below. Filter that Edison other set by closing date to see what else sold near 100 James St, Edison, NJ, USA around 2021. Published consideration for 100 James St, Edison, NJ, USA is $5.4M, dated 2021. Cite this John C. Tenneson Acquires Church In Edison From Janet Suss For $5.35M sale when underwriting similar other product around Edison, New Jersey.
Players
Edison Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93