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8 Pond View, Montville, NJ,...

Updated Dec 20, 2023

Joe & Melissa Gorga Sell Montville Single Family Home For $2.5M With Buyer's Rep Taylor C. Lucyk & Seller's Rep Joshua Baris
SOLDSingle Family Residence

Joe & Melissa Gorga Sell Montville Single Family Home For $2.5M With Buyer's Rep Taylor C. Lucyk & Seller's Rep Joshua Baris

8 Pond View, Montville, NJ, USA

$2,500,000

$274/SF

Building Size

9,100 SF

Asset Type

Single Family Residence

Closing

Dec 13, 2020

About this deal

AI

Located in Montville, this single-family property at 8 Pond View has recently been sold in a closed transaction. The property spans a total of 9,100 square feet and is characterized by its picturesque pond view. The sale price for this asset was $2,500,000, resulting in a price per square foot of $275.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,500,000
  • Date: 12/14/2020
  • Address: 8 Pond View, Montville
  • Market: Montville
  • Buyer's Representative: Taylor C. Lucyk - Christie’s International Real Estate
  • Seller's Representative: Joshua Baris - Coldwell Banker Realty

Joe and Melissa Gorga were the sellers of this property, while Taylor C. Lucyk, representing Christie’s International Real Estate, assisted the buyer in the transaction. Joshua Baris, from Coldwell Banker Realty, represented the sellers in this deal.

On the Map

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$2,500,000

$274/SF

Single Family Residence

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Players

Taylor Lucyk

Christie's International Real Estate

Broker

$133.5M

vol

11 deals

Broker

Montville Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $274 per square foot on a published $2.5M for 9,100 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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