NJ Lux Real Estate Acquires SFR In Valhalla Estates, Montville For $2.375M
4 Briarcliff Road
$2,375,000
$352/SF
Building Size
6,734 SF
Asset Type
Single Family Residence
Closing
Nov 1, 2022
AI
In the Valhalla Estates neighborhood of Montville, NJ, a single-family home located at 4 Briarcliff Rd has recently been sold. The property encompasses a generous size, with a total of 6,734 square feet. It was sold for a significant price of $2,375,000, resulting in a price per square foot of $353.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $2,375,000
- Square Footage: 6,734
- Address: 4 Briarcliff Rd, Valhalla Estates, Montville, NJ
Josuha Baris, a broker representing NJ Lux Real Estate at Coldwell Banker Realty, facilitated the sale of 4 Briarcliff Rd. Notably, Baris has also achieved the record for the highest-priced sale in the history of Montville, NJ to date.
Players
Montville Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93