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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 351 Palisade Ave APT 2R, Jersey City, NJ, 07307 uses $171,179 cash to close to unlock $8,220/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $4,394/mo, and a $2,547/mo payment keeps the spread at $685/mo. Purchase price stands at $520,300, and rental yield measures 10.13% with $4,394/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $143,749 over five years. Five-year ROI reaches 130.61% and total cumulative return in cash records $223,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,394/mo property income covering a $2,547/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07307, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,616 (100%) |
| Owner Occupied HU | 5,040 (27.1%) |
| Renter Occupied HU | 11,915 (64.0%) |
| Vacant Housing Units | 1,661 ( 8.9%) |
| Median Home Value | $675,535 |
| Average Home Value | $688,876 |
Residential
16,091
Single Family
8,649
Multi-Family
7,442
Businesses
832
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Price change | $529,000 |
| 2025-07-11 | Price change | $539,000 |
| 2025-06-10 | Price change | $3,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: HCMLS
Mls ID: #250000905
