Updated Oct 26, 2026
Sam Hwang Acquires Retail Building At 7201 Bergenline Avenue In North Bergen For $3.75M
7201 Bergenline Avenue
$3,750,000
$521/SF
Building Size
7,196 SF
Asset Type
Retail
Closing
Oct 16, 2026
About this deal
AI
The retail building located at 7201 Bergenline Avenue in North Bergen has a sale price of $3,750,000. The property features a total square footage of 7,196 and was sold at a price per square foot of $521.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,750,000
- Address: 7201 Bergenline Avenue
- Market: North Bergen
- Buyer: Sam Hwang
- Seller: Robert Page
- Buyer's Representative: Michelle Han - IPEX International Property Exchange - Prominent Properties Sotheby's International Realty
Michelle Han and her team at IPEX were responsible for representing the buyer in this owner-user acquisition, successfully facilitating the connection between the buyer and seller while ensuring the transaction aligned at the right price point.
On the Map
$3,750,000
$521/SF
Retail
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Players
North Bergen 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93