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4511 Liberty Avenue

Updated Aug 13, 2025

Jim Petrucci Of J.G. Petrucci Co. Acquires School Building In North Bergen For Off-Market Deal
SOLDSchool

Jim Petrucci Of J.G. Petrucci Co. Acquires School Building In North Bergen For Off-Market Deal

4511 Liberty Avenue

Building Size

34,000 SF

Asset Type

School

Closing

Aug 4, 2025

About this deal

AI

A 34,000-sf school building located at 4511 Liberty Avenue in North Bergen has been sold. This property is currently leased to North Hudson Academy, a First Children school that serves students with disabilities.

Summary of transaction details:

  • Property Type: School
  • Transaction Amount: Not specified
  • Address: 4511 Liberty Avenue
  • Market: North Bergen
  • Buyer: Jim Petrucci, Peter Polt, Joe Petrucci & Joe Correia - J.G. Petrucci Company, Inc.

J.G. Petrucci Company, Inc. has completed this off-market transaction, marking its second deal with First Children. This acquisition is part of the company’s strategy to expand into education-focused real estate.

Players

J.G. Petrucci Co.
J.G. Petrucci Co.Buyer

North Bergen School Market Snapshot

Boundary boundary · School · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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