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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Jersey City at 1 2nd St APT 1411, Jersey City, NJ, 07302 offers a 4.06% rental yield on a $1,090,000 purchase with $3,688/mo rent. 5% in year one. Equity gained on principal adds $7,034/yr while 5% annual appreciation supports $301,147 over five years. Portfolio math shows five-year ROI at 32.11% and total cumulative return in cash at $113,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,688/mo property income against a $5,335/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,585 (100%) |
| Owner Occupied HU | 7,643 (20.9%) |
| Renter Occupied HU | 25,548 (69.8%) |
| Vacant Housing Units | 3,394 ( 9.3%) |
| Median Home Value | $917,452 |
| Average Home Value | $1,017,181 |
Residential
33,591
Single Family
6,688
Multi-Family
26,903
Businesses
1,293
Date | Event | Price |
|---|---|---|
| 2024-10-25 | Price change | $1,090,000 |
| 2024-06-24 | Listed for sale | $1,199,000 |
| 2015-10-13 | Sold | $1,099,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-19 | $21153.26 | 40.09% | $941,400 | N/A |
| 2022-02-19 | $15100.06 | N/A | $941,400 | N/A |
| 2021-02-19 | $15100.06 | 1214.37% | $941,400 | 1161.93% |
Listed by: Lanru A. King • BETTER HOMES&GARDENS RE MATURO
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2413757R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
