Updated Dec 21, 2023
Joshua Baris Sets Record With $2.4M Sale Of Cliffside Park SFR
15 Lawton Avenue, Cliffside Park, New Jersey 07010, United States
$2,400,000
$400/SF
Building Size
6,000 SF
Asset Type
Single Family Residence
Closing
Jun 12, 2022
About this deal
AI
Located at 15 Lawton Ave in Cliffside Park, NJ, this single-family residential property recently changed hands in a sale transaction. The property spans 6,000 square feet, and the sale price reached $2,400,000, resulting in a price per square foot of $400. This sale sets a new record for the highest price sale in the history of Cliffside Park, NJ.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,400,000
- Square Footage: 6,000
- Price per Square Foot: $400
- Date of Sale: 06/13/2022
- Broker: Joshua Baris - Coldwell Banker Realty
- Market: Cliffside Park
Joshua Baris from Coldwell Banker Realty represented the buyer and/or seller in this transaction. With the sale of 15 Lawton Avenue, Baris now holds the record for the two highest-priced sales in the history of Cliffside Park, NJ.
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Cliffside Park 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93