Updated Dec 18, 2023
Reyna Steinberg & Emily Frisch Of RE/MAX Select Sell Chatham, NJ SFR For $990K
143 North Passaic Avenue, Chatham, New Jersey 07928, United States
$990,000
$470/SF
Building Size
2,103 SF
Asset Type
Single Family Residence
Closing
May 19, 2022
About this deal
AI
A single-family residential property located at 143 N Passaic Ave in Chatham, NJ has been sold in a recent transaction. The property was listed for sale and was successfully sold for a price of $990,000. It spans across 2,103 square feet, resulting in a price per square foot of $471.
Summary of transaction details
- Property Type: SFR (Single-Family Residential)
- Transaction Amount: $990,000
- Market: Chatham, NJ
- Address: 143 N Passaic Ave
The sale of this property was facilitated by Reyna Steinberg and Emily Frisch of RE/MAX Select. They represented the buyer and assisted the builder in finding this investment property. The transaction was completed successfully within a timeframe of less than 6 months from the initial purchase to the sale.
Chatham 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
16.02%
Cash-on-Cash
-4.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93