Compass Represents Buyer In $1.2M Park Ridge, NJ Townhouse Sale
288 Forester Way
$1,225,000
$306,250/SF
Building Size
4 SF
Asset Type
Other
Closing
Jan 12, 2022
AI
A townhouse located at 288 Forester Way in Park Ridge, NJ has been sold in a recent transaction. The property, represented by Diane Cookson of Compass, was sold for a sale price of $1,225,000. The townhouse spans 4,781 square feet, resulting in a price per square foot of $256. The sale was facilitated by Deborah Pearlman, the seller's representative.
Summary of transaction details:
- Property Type: Townhouse
- Sale Price: $1,225,000
- Square Footage: 4,781
- Price per Square Foot: $256
- Address: 288 Forester Way, Park Ridge, NJ
- Market: Park Ridge, NJ
- Buyer's Representative: Diane Cookson - Compass
- Seller's Representative: Deborah Pearlman
The sale of this townhouse in Park Ridge, NJ was successfully completed with the assistance of Diane Cookson from Compass as the buyer's representative. This transaction highlights the expertise and professionalism of both Diane Cookson and Deborah Pearlman, who represented the seller.
Players
Park Ridge 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
12.95%
Cash-on-Cash
-3.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93