Updated Jul 28, 2025
Retail Property In Flemington Sold For $2.25M With Broker Sara Soliman Of Kislak
174 New Jersey Highway 31
$2,250,000
$231/SF
Building Size
9,720 SF
Asset Type
Retail
Closing
Jul 9, 2025
About this deal
AI
The asset involved in the transaction is a retail property located at 174 New Jersey Highway 31 in the Flemington market. The sale price for this property was $2,250,000, encompassing a total square footage of 9,720 and a price per square foot of $231.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,250,000
- Address: 174 New Jersey Highway 31
- Market: Flemington
- Square Footage: 9,720
- Price per Square Foot: $231
In this transaction, Sara Soliman from Kislak served as the broker representative, facilitating the sale process and supporting the parties involved in the deal.
Players
Flemington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93