








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 205 Park Ave APT 7, Hoboken, NJ, 07030 priced at $680,000 converts $4,380/mo rent into after a $3,328/mo obligation. Total monthly income equals $4,380/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 7.73% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 91.44% and total cumulative return in cash sums $204,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,380/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-31 | Sold | $680,000 |
| 2025-02-01 | Listed for sale | $699,000 |
| 2025-01-08 | Listing removed | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-10 | $8294.90 | 8.41% | $469,700 | N/A |
| 2023-06-10 | $7651.41 | 1.81% | $469,700 | N/A |
| 2022-06-10 | $7515.20 | N/A | $469,700 | N/A |



Listed by: James Morgan • SUMMIT AVENUE REALTORS
Mls Name: HCMLS
Mls ID: #240018613
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.