Updated Nov 3, 2026
Meilyn Torres Of Realty Of America Represents Buyer In $2.5M South Orange Luxury Residence Sale
Montrose Avenue
$2,500,000
$500/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2026
About this deal
AI
A single-family residence located at 323 Montrose Ave in South Orange, New Jersey, has been sold for a total of $2,500,000. The property encompasses approximately 5,000 square feet, with a price per square foot of $500. This sale is part of a market characterized by sought-after residential communities in the area.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $2,500,000
- Square Footage: 5,000
- Price per Square Foot: $500
- Market: South Orange
- Buyer's Representative: Meilyn Torres - The Meilyn Torres Group - Realty of America
Meilyn Torres of Realty of America represented the buyers in this transaction, showcasing her growing influence in North Jersey's luxury real estate market. The details regarding both the buyers and sellers remain undisclosed.
On the Map
$2,500,000
$500/SF
Single Family Residence
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Players
South Orange 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93