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105 Fairview Avenue, Jersey...

Garcia/Kang Acquires Single Family Home In Jersey City For $1.13M
SOLDSingle Family Residence

Garcia/Kang Acquires Single Family Home In Jersey City For $1.13M

105 Fairview Avenue, Jersey City, NJ 07304

$1,130,000

$397/SF

Building Size

2,843 SF

Asset Type

Single Family Residence

Closing

Dec 23, 2021

AI

The single-family property located at 105 Fairview Ave in Jersey City has been sold. The transaction took place on 12/23/2021. The property was purchased by Garcia/Kang from the sellers, C. Aranguren & P. Gagnon.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,130,000
  • Market: Jersey City
  • Address: 105 Fairview Ave

The buyer was represented by Leda Duif from Sawyer Smith Residential, while Marge Crimmins from CENTURY 21 Preferred Realty represented the sellers. The property was initially listed for $999,999 but sold for $1,130,000. The property spans 2,843 square feet, resulting in a price per square foot of $397.

Players

Leda Duif

The Corcoran Group

Broker

$10.9M

vol

6 deals

Broker
Jules Garcia

Jules Garcia

Buyer

$23M

vol

6 deals

Buyer

Jersey City Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.04%

Cash-on-Cash

-4.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93