








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 502 Monroe St UNIT 201, Hoboken, NJ, 07030 earns from $4,913/mo rent with a $6,852/mo payment. Total monthly income totals $4,913/mo. ROI tracks 5.54% on current figures, and rental yield reads 4.21% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 27.47% and total cumulative return in cash sums $124,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,913/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$540 monthly 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $1,400,000 |
| 2017-08-11 | Sold | $998,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gerard Mattera Jr • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250007845
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.