








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hoboken at 551 Observer Hwy APT 9H, Hoboken, NJ, 07030 priced at $625,000 pairs $3,835/mo rent with after a $3,059/mo payment. Total monthly income equals $3,835/mo. Return on cash invested is 12.99% in year one, and rental yield stands at 7.36% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 68.2% and total cumulative return in cash reaches $140,245. For financing, Ziffy Mortgage’s DSCR program evaluates $3,835/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$592 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 |
|---|---|---|
| 2025-01-23 | Listed for sale | $625,000 |
| 2023-04-10 | Sold | $540,000 |
| 2023-02-10 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $6592.48 | 8.41% | $373,300 | N/A |
| 2023-01-28 | $6081.06 | 1.81% | $373,300 | N/A |
| 2022-01-28 | $5972.80 | N/A | $373,300 | N/A |



Listed by: Jill Biggs • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250001560
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.