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16 Tulip Ave West Orange, N...

Gretchen Avarga Acquires SFR In West Orange For $2.06M With Buyer's Rep Meilyn Torres & Pamela Providel - Exp Realty
SOLDSingle Family Residence

Gretchen Avarga Acquires SFR In West Orange For $2.06M With Buyer's Rep Meilyn Torres & Pamela Providel - Exp Realty

16 Tulip Ave West Orange, NJ 07052, USA

$2,059,000

$624/SF

Building Size

3,297 SF

Asset Type

Single Family Residence

Closing

Jun 8, 2023

AI

A single-family residential property located at 16 Tulip Avenue in West Orange has been sold. The property spans 3,297 square feet and was sold for a price of $2,059,000. The transaction took place on June 8, 2023.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $2,059,000
  • Address: 16 Tulip Avenue, West Orange
  • Square Footage: 3,297

Gretchen Avarga has acquired the property from Leonard Polaner. The buyer was represented by Meilyn Torres and Pamela Providel from Exp Realty.

Players

Meilyn Torres

EXP Realty

Broker

$12.7M

vol

3 deals

Broker

New Jersey 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

7.70%

Cash-on-Cash

-2.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93