Updated Oct 12, 2026
JDA Group Acquires Retail Property In Fort Lee, NJ For $5.55M
2215 Route 4 East, Fort Lee, NJ, USA
$5,550,000
$3,083/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Sep 15, 2021
About this deal
AI
The retail property located at 2215 Route 4 East in Fort Lee, NJ has been sold for a price of $5,550,000. The property spans 1,800 square feet, resulting in a price per square foot of $3,083. The sale was completed on September 15, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,550,000
- Address: 2215 Route 4 East, Fort Lee, NJ
- Square Footage: 1,800
- Price per Square Foot: $3,083
- Market: Fort Lee, NJ
The buyer, JDA Group represented by Greg Dell’Aquila and Timothy Connell, acquired the property from the seller, Weiss Realty Co. Inc. J.B. Bruno from JLL acted as the buyer's representative in the transaction. William Fiore from Newark; Meyner and Landis represented the seller.
On the Map
$5,550,000
$3,083/SF
Retail
View full map
Players
Fort Lee Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit JB Bruno to view all their deals.
Browse New Jersey retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93