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670 New Jersey Turnpike Ext...

Dipanjan Das Acquires Single Family Home In Downtown Jersey City For $2.1M
SOLDSingle Family Residence

Dipanjan Das Acquires Single Family Home In Downtown Jersey City For $2.1M

670 New Jersey Turnpike Extension, Jersey City, NJ, USA

$2,100,000

$841/SF

Building Size

2,496 SF

Asset Type

Single Family Residence

Closing

Jun 1, 2020

AI

A single-family property located at 670 Jersey Ave in Downtown, Jersey City, was recently sold. The property encompasses 2,496 square feet and has a lot size of 17.03 x 75. It was sold for $2,100,000, with a price per square foot of $841. The transaction took place on June 1, 2021. The seller, Marvin Winell, was represented by Leda Duif from Sawyer Smith Residential, while the buyer, Dipanjan Das, was represented by Maria "Carme" De Sagun from Coldwell Banker Realty.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $2,100,000
  • Address: 670 Jersey Ave
  • Market: Downtown, Jersey City

Leda Duif of Sawyer Smith Residential expresses her happiness for her clients who are moving on to their next adventure. She also congratulates the new owners and believes they will enjoy the home for many years to come. For more local listings and real estate updates, visit dwellingswithleda.com.

Players

Leda Duif

The Corcoran Group

Broker

$10.9M

vol

6 deals

Broker

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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93