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
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