








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 Hoboken at 1331 Grand St APT 503, Hoboken, NJ, 07030 listed at $925,000 pairs $8,656/mo rent with a $4,527/mo payment to leave $1,588/mo cash flow. Total monthly income runs $8,656/mo, and annual cash flow reaches $19,058/yr on $304,325 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 11.23% at a $925,000 basis. Equity gained on principal adds $5,969/yr, and annual property appreciation at 5% supports $255,560 by year five. Five-year ROI tracks 139.13% and total cumulative return in cash totals $423,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,656/mo property income relative to a $4,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Price change | $925,000 |
| 2024-07-11 | Price change | $969,000 |
| 2024-06-25 | Listed for sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | $8531.07 | 1.81% | $523,700 | N/A |
| 2022-08-11 | $8379.20 | N/A | $523,700 | N/A |
| 2021-08-11 | $8379.20 | 0.06% | $523,700 | N/A |



Listed by: Tatiana Wagnerova • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240012288
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.