Updated Dec 21, 2023
School In Clinton Township Sold For $3.9M By Alan Cafiero & Brent Hyldahl - Marcus & Millichap
1541 Route 31, Clinton, New Jersey 08809
$3,900,000
$410/SF
Building Size
9,500 SF
Asset Type
Other
Closing
Mar 17, 2022
About this deal
AI
The property involved in this transaction is a school located at 1541 Route 31 in Clinton Township. The property was sold for a price of $3,900,000.
Summary of transaction details
- Property Type: School
- Transaction Amount: $3,900,000
- Address: 1541 Route 31
- Market: Clinton Township
The individuals representing the deal were Alan Cafiero and Brent Hyldahl from Marcus & Millichap.
The other sale at 1541 Route 31, Clinton, New Jersey 08809 in Clinton, New Jersey sold for $3.9M in 2022. The building is 9,500 square feet, implying about 410 per square foot on the published price. Brent Hyldahl, Alan Cafiero, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Clinton, New Jersey file for the 1541 Route 31, Clinton, New Jersey 08809 other sold: pricing, party profiles, and other closed other comps from the same Clinton sit in the Market section below. Filter that Clinton other set by closing date to see what else sold near 1541 Route 31, Clinton, New Jersey 08809 around 2022. Published consideration for 1541 Route 31, Clinton, New Jersey 08809 is $3.9M, dated 2022. Cite this School In Clinton Township Sold For $3.9M By Alan Cafiero & Brent Hyldahl - Marcus & Millichap sale when underwriting similar other product around Clinton, New Jersey.
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Clinton 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93