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113 Grand Street, Hoboken, ...

Gerard Mattera Jr Acquires Single Family Home On Grand St, Hoboken For $5.25M
SOLDSingle Family Residence

Gerard Mattera Jr Acquires Single Family Home On Grand St, Hoboken For $5.25M

113 Grand Street, Hoboken, NJ, USA

$5,250,000

$767/SF

Building Size

6,840 SF

Asset Type

Single Family Residence

Closing

May 10, 2021

AI

113 Grand St, located in Hoboken, NJ, was recently sold for a price of $5,250,000. This single-family property transaction took place on May 11, 2021. The sale was facilitated by Gerard Mattera Jr of Keller Williams City Life Realty, representing the buyer, and Sharon Shahinian of Brown Harris Stevens - New Jersey, representing the seller.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,250,000
  • Address: 113 Grand St, Hoboken, NJ
  • Market: Hoboken, NJ

Gerard Mattera Jr from Keller Williams City Life Realty and Sharon Shahinian from Brown Harris Stevens - New Jersey played pivotal roles in the successful completion of this deal. Their expertise and representation ensured a smooth transaction between the buyer and seller.

Players

Gerard Mattera Jr

Compass

Broker

$7.7M

vol

3 deals

Broker

Hoboken 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

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93