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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 362 Pacific Ave APT 3, Jersey City, NJ, 07304 listed at $750,000 pairs $4,412/mo rent with a $3,671/mo payment. Total monthly income runs $4,412/mo. Return on cash invested measures 15.52% in year one, and rental yield registers 7.06% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 80.49% and total cumulative return in cash totals $198,618. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,412/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,319 (100%) |
| Owner Occupied HU | 4,471 (20.0%) |
| Renter Occupied HU | 15,345 (68.8%) |
| Vacant Housing Units | 2,503 (11.2%) |
| Median Home Value | $571,772 |
| Average Home Value | $619,563 |
Residential
20,282
Single Family
9,517
Multi-Family
10,765
Businesses
1,035
Date | Event | Price |
|---|---|---|
| 2024-11-16 | Listed for sale | $750,000 |
| 2020-09-25 | Listing removed | $2,500 |
| 2020-08-17 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dennis Mcgill 3rd • WEICHERT REALTORS
Mls Name: HCMLS
Mls ID: #240022383
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.
