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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 231 1st St APT 4E, Jersey City, NJ, 07302 at $1,099,000 posts ROI 19.57% with from $8,202/mo rent. Total monthly income equals $8,202/mo. Return on cash invested measures 19.57% and rental yield reads 8.96% at the current $1,099,000. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 by year five. Five-year ROI prints 102.93% and total cumulative return in cash totals $366,498. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,202/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$606 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 |
|---|---|---|
| 2024-09-03 | Listed for sale | $1,099,000 |
| 2019-06-14 | Sold | $999,129 |
| 2019-04-04 | Price change | $999,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ryan Lowney • KELLER WILLIAMS CITY LIFE JC REALTY
Mls Name: HCMLS
Mls ID: #240017179
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.
