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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% |
Rental property for sale in Jersey City at 119 Van Horne St, Jersey City, NJ, 07304 priced at $1,698,000 pairs $2,994/mo rent with after a $8,311/mo payment. Total monthly income equals $2,994/mo. Return on cash invested is 0.5% in year one, and rental yield stands at 2.12% on a $1,698,000 basis. Equity gained on principal adds $10,957/yr, and 5% annual appreciation accumulates to $469,126 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $8,311/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,319 (100%) |
| Owner Occupied HU | 4,471 (20.0%) |
| Renter Occupied HU | 15,345 (68.8%) |
| Vacant Housing Units | 2,503 (11.2%) |
| Median Home Value | $571,772 |
| Average Home Value | $619,563 |
Residential
20,282
Single Family
9,517
Multi-Family
10,765
Businesses
1,035
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $1,698,000 |
| 2020-09-03 | Sold | $350,000 |
| 2020-07-21 | Listed for sale | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $16776.53 | 48.94% | $751,300 | 49.87% |
| 2023-07-02 | $11264.21 | 316.03% | $501,300 | 24.92% |
| 2022-07-02 | $2707.55 | N/A | $401,300 | 137.74% |
Listed by: CHARLAINE A MERCADO • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Mls Name: HCMLS
Mls ID: #250013323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
