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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 390 1st St APT 2, Jersey City, NJ, 07302 listed at $795,000 pairs $4,889/mo rent with a $3,891/mo payment. Total monthly income runs $4,889/mo. Return on cash invested measures 16.49% in year one, and rental yield registers 7.38% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 85.73% and total cumulative return in cash totals $224,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,889/mo property income relative to a $3,891/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: 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 |
|---|---|---|
| 2025-06-27 | Sold | $795,000 |
| 2025-05-15 | Listed for sale | $784,900 |
| 2024-02-15 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $15992.75 | -0.62% | $716,200 | N/A |
| 2023-10-29 | $16093.01 | 40.09% | $716,200 | N/A |
| 2022-10-29 | $11487.85 | N/A | $716,200 | N/A |
Listed by: DANIEL A SPITZ • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250009712
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.
