Updated Dec 21, 2023
Dean Clark & RE/MAX On The Hudson Sell SFR In Fort Lee, NJ For $1.03M
1090 Arcadian Way, Fort Lee, New Jersey 07024, United States
$1,030,500
$243/SF
Building Size
4,225 SF
Asset Type
Single Family Residence
Closing
Jan 11, 2022
About this deal
AI
A single-family residential property located at 1090 Arcadian Way in Fort Lee, NJ was recently sold. The transaction was facilitated by Dean Clark from RE/MAX on the Hudson. The property was sold for $1,030,500, with a total square footage of 4,225. This translates to a price per square foot of $244.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $1,030,500
- Address: 1090 Arcadian Way, Fort Lee, NJ
- Market: Fort Lee, NJ
- Broker: Dean Clark - RE/MAX on the Hudson
- Square Footage: 4,225
- Price per Square Foot: $244
Shortly after listing this property, the homeowner unfortunately passed away. The homeowner's daughter approached Dean Clark and asked for assistance in selling the house to settle the estate. Despite the heartbreaking circumstances, Dean Clark and his team were able to help the family settle their affairs.
Players
Fort Lee 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
15.39%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93