Updated May 12, 2025
William Nygard Acquires SFR In Jersey City For $4.15M
124 Sussex Street
$4,150,000
$1,037/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Sep 9, 2022
About this deal
AI
The property involved in this transaction is a single-family residence located at 124 Sussex St in Jersey City. The asset encompasses a total area of 4,000 square feet and was sold for a price of $4,150,000, resulting in a price per square foot of $1,038.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,150,000
- Address: 124 Sussex St
- Market: Jersey City
- Square Footage: 4,000
- Price Per Square Foot: $1,038
- Buyer: William Nygard
- Seller: Anish and Dori Karyat
- Broker: Darden Moorefield - The Moorefield Group - Keller Williams City Life JC
The transaction was executed between the buyer, William Nygard, and the sellers, Anish and Dori Karyat. The brokerage representing the seller in this deal was Darden Moorefield from The Moorefield Group, affiliated with Keller Williams City Life JC.
On the Map
$4,150,000
$1,037/SF
Single Family Residence
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Chatham Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $4.2M for 4,000 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93