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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 20 2nd St APT 1209, Jersey City, NJ, 07302 listed at $1,399,000 pairs $5,363/mo rent with a $6,847/mo payment. Total monthly income runs $5,363/mo. Return on cash invested measures 8.17% in year one, and rental yield registers 4.6% at a $1,399,000 basis. Equity gained on principal adds $9,028/yr, and annual property appreciation at 5% supports $386,518 by year five. Five-year ROI tracks 41.05% and total cumulative return in cash totals $186,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,363/mo property income relative to a $6,847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A 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 |
|---|---|---|
| 2025-07-24 | Price change | $1,399,000 |
| 2025-06-13 | Price change | $1,499,000 |
| 2025-05-15 | Listed for sale | $1,525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-26 | $28883.86 | -0.62% | $1,293,500 | N/A |
| 2023-07-26 | $29064.95 | 1712.03% | $1,293,500 | 1193.50% |
| 2022-07-26 | $1604.00 | N/A | $100,000 | N/A |
Listed by: JILL K BIGGS • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250015192
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.
