21-23 48th St, Weehawken, NJ, 07086 | 2.95% Rental Yield

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21-23 48th St, Weehawken, NJ, 07086 | 2.95% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Weehawken at 21-23 48th St, Weehawken, NJ, 07086 listed at $1,750,000 pairs $4,308/mo rent with a $8,565/mo payment. Total monthly income runs $4,308/mo. Return on cash invested measures 3.09% in year one, and rental yield registers 2.95% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 13.8% and total cumulative return in cash totals $78,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,308/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming four family home nestled in the heart of Weehawken, NJ. This home greets you with beautiful views of the Manhattan skyline and the Hudson River. Welcoming you into the grand living room with beautiful crafted crown moldings throughout, beautiful bay windows, as well as natural peaking through its unique stained glass. The home features beautiful hard wood floors throughout. The kitchen has stunning marble countertops, beautifully crafted cherry wood cabinets with plenty of space. This kitchen leads you to an outdoor deck and backyard with impeccable marble stone tiles. Perfect for family gatherings, bbq's, as well as entertaining guests. This home is centrally located near NJ Transit public buses to NYC, The Light Rail station, The Ferry at Port Imperial, shops, notable restaurants, schools, parks, and worship.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,374 (100%)
Owner Occupied HU	2,532 (24.4%)
Renter Occupied HU	6,629 (63.9%)
Vacant Housing Units	1,213 (11.7%)
Median Home Value	$896,671
Average Home Value	$964,840