








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 Hoboken at 358 3rd St APT 3R, Hoboken, NJ, 07030 offers a 8.84% rental yield on a $419,000 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $2,051/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,215/yr on $138,899 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 108.79% and total cumulative return in cash at $151,109. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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 |
|---|---|---|
| 2025-07-11 | Price change | $419,000 |
| 2025-05-29 | Price change | $425,000 |
| 2025-04-17 | Price change | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-13 | $3973.50 | 8.41% | $225,000 | N/A |
| 2023-07-13 | $3665.25 | 1.81% | $225,000 | N/A |
| 2022-07-13 | $3600.00 | N/A | $225,000 | N/A |



Listed by: JOSEPH NICHOLS • REALTY EXPRESS LA BARBERA
Mls Name: HCMLS
Mls ID: #250014095
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.