Updated Feb 25, 2025
Charlaine Mercado Of Prominent Properties Sotheby's International Realty Represents Sale Of 233 Whiton Street For $1.6M
233 Whiton Street
$1,600,000
$515/SF
Building Size
3,106 SF
Asset Type
Single Family Residence
Closing
Feb 21, 2025
About this deal
AI
The property involved in this transaction is a single-family home located at 233 Whiton Street in Jersey City, Bergen Lafayette. The asset sold for $1,600,000, with a total square footage of 3,106 and a price per square foot of $515. The home features four bedrooms and was previously converted from a two-family structure, showcasing a private backyard and a rooftop deck.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,600,000
- Square Footage: 3,106
- Price Per Square Foot: $515
- Address: 233 Whiton Street
- Market: Jersey City, Bergen Lafayette
- Broker: Charlaine Mercado - Prominent Properties Sotheby's International Realty
Charlaine Mercado of Prominent Properties Sotheby’s International Realty represented the sale, marking a record-breaking achievement for single-family homes in Bergen-Lafayette according to the MLS. The notable transaction reflects the growing interest in this market area.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93