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460 Bloomfield Avenue, Mont...

Updated Dec 20, 2023

Barbara Martoglio Acquires Government/Exempt Property In Montclair, NJ For $1.2M
SOLDOther

Barbara Martoglio Acquires Government/Exempt Property In Montclair, NJ For $1.2M

460 Bloomfield Avenue, Montclair, New Jersey 07042, United States

$1,200,000

Building Size

Asset Type

Other

Closing

Mar 16, 2022

About this deal

AI

The government/exempt property located at 460 Bloomfield Ave in Montclair, NJ has been sold for $1,200,000. The sale took place on March 17, 2022.

Summary of transaction details

  • Property Type: Government/Exempt
  • Transaction Amount: $1,200,000
  • Address: 460 Bloomfield Ave, Montclair, NJ
  • Market: Montclair, NJ

Barbara Martoglio purchased the property from Charles M. Forman & Charles M. Forman.

The other sale at 460 Bloomfield Avenue, Montclair, New Jersey 07042, United States in Montclair, New Jersey sold for $1.2M in 2022. 460 Bloomfield Avenue, Montclair, New Jersey 07042, United States is classified as Other on Traded. This page is the Montclair, New Jersey file for the 460 Bloomfield Avenue, Montclair, New Jersey 07042, United States other sold: pricing, party profiles, and other closed other comps from the same Montclair sit in the Market section below. Filter that Montclair other set by closing date to see what else sold near 460 Bloomfield Avenue, Montclair, New Jersey 07042, United States around 2022. Published consideration for 460 Bloomfield Avenue, Montclair, New Jersey 07042, United States is $1.2M, dated 2022. Cite this Barbara Martoglio Acquires Government/Exempt Property In Montclair, NJ For $1.2M sale when underwriting similar other product around Montclair, New Jersey.

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Montclair Other Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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