Compass Rep Diana Sutherlin Facilitates $4.4M Single Family Sale In Jersey City
55 Mercer Street, Jersey City, New Jersey 07302, United States
$4,400,000
$1,100,000/SF
Building Size
4 SF
Asset Type
Single Family Residence
Closing
Nov 21, 2022
AI
Located at 55 Mercer Street in Jersey City, this single-family home was recently sold in a closed transaction. With a total area of 4,500 square feet, the property offers ample space for comfortable living. The sale was facilitated by Patrick Southern from Coldwell Banker, representing the seller, and Diana Sutherlin from Compass, representing the buyer. The transaction took place on November 21, 2022, with a sale price of $4,400,000. This amounts to a price per square foot of $978.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $4,400,000
- Address: 55 Mercer Street
- Market: Jersey City
- Buyer's Rep: Diana Sutherlin - Compass
- Seller's Rep: Patrick Southern - Coldwell Banker
The successful sale of this property highlights the expertise and professionalism of the individuals involved. Diana Sutherlin from Compass skillfully represented the buyer, while Patrick Southern from Coldwell Banker negotiated on behalf of the seller. With their guidance, the transaction was carried out smoothly, resulting in a favorable outcome for both parties.
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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93