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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 Hoboken at 609 Jefferson St APT 5A, Hoboken, NJ, 07030 offers a 5.48% rental yield on a $1,025,000 purchase with $4,685/mo rent. 63% in year one. Equity gained on principal adds $6,614/yr while 5% annual appreciation supports $283,189 over five years. Portfolio math shows five-year ROI at 49.36% and total cumulative return in cash at $163,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,685/mo property income against a $5,017/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
$350 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 |
|---|---|---|
| 2025-02-12 | Price change | $1,025,000 |
| 2025-01-27 | Listed for sale | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $7964.66 | 8.41% | $451,000 | N/A |
| 2023-02-19 | $7346.79 | 1.81% | $451,000 | N/A |
| 2022-02-19 | $7216.00 | N/A | $451,000 | N/A |
Listed by: Anne Shearn • REALTY EXPRESS LA BARBERA
Mls Name: HCMLS
Mls ID: #250001700
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.
