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.
On the Map
$2,250,000
$231/SF
Retail
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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