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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 202 7th St APT 1, Jersey City, NJ, 07302 offers a 4.67% rental yield on a $1,395,000 purchase with $5,430/mo rent. 53% in year one. Equity gained on principal adds $9,002/yr while 5% annual appreciation supports $385,413 over five years. Portfolio math shows five-year ROI at 32.92% and total cumulative return in cash at $148,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,430/mo property income against a $6,828/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$700 monthly 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 |
|---|---|---|
| 2025-03-19 | Price change | $1,395,000 |
| 2025-01-31 | Listed for sale | $1,500,000 |
| 2008-05-09 | Listing removed | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $26588.33 | -0.62% | $1,190,700 | N/A |
| 2023-04-14 | $26755.03 | 40.09% | $1,190,700 | N/A |
| 2022-04-14 | $19098.83 | N/A | $1,190,700 | N/A |
Listed by: Eric Dilone • KELLER WILLIAMS CITY LIFE REALTY
Mls Name: HCMLS
Mls ID: #250007128
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.
