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39 Oconnors Lane, Old Tappa...

Updated Dec 21, 2023

Christina Gibbons Group Represents $3M Single Family Sale In Old Tappan, NJ
SOLDSingle Family Residence

Christina Gibbons Group Represents $3M Single Family Sale In Old Tappan, NJ

39 Oconnors Lane, Old Tappan, NJ, USA

$3,000,000

$295/SF

Building Size

10,170 SF

Asset Type

Single Family Residence

Closing

Jul 14, 2020

About this deal

AI

A single-family home located at 39 O'Connor's Lane in Old Tappan, NJ, has been sold for $3,000,000. The property spans across 10,170 square feet and is situated on a 3.5-acre lot. With a price per square foot of $295, the home is valued at approximately $857,143 per acre.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $3,000,000
  • Address: 39 O'Connor's Lane, Old Tappan, NJ
  • Market: Old Tappan, NJ
  • Square Footage: 10,170
  • Price per Square Foot: $295
  • Acreage: 3.5
  • Price per Acre: $857,143

The buyer and seller were represented by Christina Gibbons. For any real estate needs, interested parties can contact Christina Gibbons at 917-837-8853 or via email at [email protected]. More information is available on Christina's website at http://Christinagibbonsgroup.com.

Players

Christina Gibbons

Christie's International Real Estate

Broker

$30.5M

vol

9 deals

Broker

Westwood Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $295 per square foot on a published $3M for 10,170 square feet (2020).

Visit Christina Gibbons to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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