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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 Hoboken at 2 Constitution Ct APT 416, Hoboken, NJ, 07030 priced at $1,399,000 pairs $6,823/mo rent with after a $6,847/mo payment. Total monthly income equals $6,823/mo. Return on cash invested is 9.23% in year one, and rental yield stands at 5.85% on a $1,399,000 basis. Equity gained on principal adds $9,028/yr, and 5% annual appreciation accumulates to $386,518 by year five. Five-year ROI measures 47.74% and total cumulative return in cash reaches $216,377. For financing, Ziffy Mortgage’s DSCR program evaluates $6,823/mo property income against a $6,847/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,061 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $1,399,000 |
| 2023-03-22 | Sold | $1,300,000 |
| 2023-02-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-06 | $11308.52 | 1.81% | $694,200 | N/A |
| 2022-04-06 | $11107.20 | N/A | $694,200 | N/A |
| 2021-04-06 | $11107.20 | 0.06% | $694,200 | N/A |
Listed by: Kaja Bolton • CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Mls Name: HCMLS
Mls ID: #250006557
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.
