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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 162 Clerk St APT 3, Jersey City, NJ, 07305 earns $471/mo cash flow from $2,788/mo rent with a $1,591/mo payment. Total monthly income totals $2,788/mo, and annual cash flow totals $5,654/yr on $107,738 capital. ROI tracks 25.16% on current figures, and rental yield reads 10.29% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 132.26% and total cumulative return in cash sums $142,489. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,788/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07305, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,090 (100%) |
| Owner Occupied HU | 8,581 (31.7%) |
| Renter Occupied HU | 16,391 (60.5%) |
| Vacant Housing Units | 2,118 ( 7.8%) |
| Median Home Value | $484,092 |
| Average Home Value | $556,754 |
Residential
22,404
Single Family
13,978
Multi-Family
8,426
Businesses
1,042
Date | Event | Price |
|---|---|---|
| 2025-07-26 | Listed for sale | $325,000 |
| 2022-11-02 | Listing removed | N/A |
| 2022-08-03 | Listed for rent | $2,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-29 | $3905.52 | -0.62% | $174,900 | N/A |
| 2023-07-29 | $3930.00 | 40.09% | $174,900 | N/A |
| 2022-07-29 | $2805.40 | N/A | $174,900 | N/A |
Listed by: BRIAN MCCARTHY • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250015295
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.
