Updated Oct 28, 2024
PR LLC Acquires SFR In Jersey City For $1.346M From Seller MKWN Holdings
197 Arlington Avenue, Jersey City, New Jersey 07305, United States
$1,346,000
$538/SF
Building Size
2,500 SF
Asset Type
Single Family Residence
Closing
Mar 15, 2022
About this deal
AI
The property that was sold in the transaction is a single-family home located at 197 Arlington Ave in Jersey City. The sale took place on 03/16/2022.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,346,000
- Address: 197 Arlington Ave, Jersey City
- Market: Jersey City
- Asset Type: SFR
The buyer of the property was PR LLC, while MKWN Holdings served as the seller. The transaction was facilitated by Aleshia Jijon, a broker from Coldwell Banker. Aleshia Jijon can be reached at (201) 647-5153 for development and condominium conversion opportunities.
Players
Jersey City 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
11.79%
Cash-on-Cash
-3.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93