Updated Dec 4, 2024
Charlaine Mercado Facilitates $1.3M Sale Of 2 Family Jersey City Home
246 Clinton Avenue
$1,300,000
$433/SF
Building Size
3,000 SF
Asset Type
Single Family
Closing
Mar 22, 2024
About this deal
AI
The property located at 246 Clinton Avenue in Jersey City is a Single Family (2 Family) dwelling with a square footage of 3,000. The transaction took place on 03/22/2024, with a sale price of $1,300,000. The price per square foot was $433.
Summary of transaction details:
- Property Type: Single Family (2 Family)
- Transaction Amount: $1,300,000
- Market: Jersey City
- Broker: Charlaine Mercado - Prominent Properties Sotheby's International Realty
Charlaine Mercado of Prominent Properties Sotheby's International Realty represented the parties involved in this property transaction at 246 Clinton Avenue in Jersey City.
Jersey City Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93