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Sale
16 Units Sold At Riverfront Residences In Elizabeth For $9.478 Million By Jazmine Clausen-Soir & Meilyn Torres
SOLDSingle Family Residence

16 Units Sold At Riverfront Residences In Elizabeth For $9.478 Million By Jazmine Clausen-Soir & Meilyn Torres

$9,478,000

$2,711/SF

Building Size

3,495 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2024

AI

The property involved in the transaction is a single-family asset located in Elizabeth, NJ. It consists of 16 units and was sold for a total price of $9,478,000. The specific address of the property is Riverfront Residences, Elizabeth, NJ, 07206.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,478,000
  • Units: 16
  • Date of Sale: 09/01/2024
  • Listing Agents: Jazmine Clausen-Soir & Meilyn Torres

This transaction was facilitated by listing agents Jazmine Clausen-Soir and Meilyn Torres, who represented the seller in the deal. Their role was instrumental in the successful sale of the property.

Players

Meilyn Torres

EXP Realty

Broker

$12.7M

vol

3 deals

Broker

Elizabethport 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

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93