








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 Jersey City at 202 Shearwater Ct W APT 53, Jersey City, NJ, 07305 generates $4,434/mo in rent, after a $3,181/mo payment. Total monthly income is $4,434/mo. Return on cash invested sits at 10.6% in year one, and rental yield is 8.19% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 57.17% and total cumulative return in cash sums $122,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,434/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,487 monthly 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 |
|---|---|---|
| 2024-10-08 | Listed for sale | $650,000 |
| 2024-06-22 | Listing removed | $664,000 |
| 2024-06-21 | Listed for sale | $664,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $13162.93 | 40.09% | $585,800 | N/A |
| 2022-10-17 | $9396.23 | N/A | $585,800 | N/A |
| 2021-10-17 | $9396.23 | 4.16% | $585,800 | N/A |



Listed by: Cheryl Clayton • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #240019840
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.