








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 622 Park Ave APT 1C, Hoboken, NJ, 07030 uses $197,071 cash to close to unlock $2,955/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $5,070/mo, and a $2,932/mo payment keeps the spread at $246/mo. Purchase price stands at $599,000, and rental yield measures 10.16% with $5,070/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 114.13% and total cumulative return in cash records $224,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,070/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$554 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 |
|---|---|---|
| 2025-01-09 | Listed for sale | $599,000 |
| 2024-10-02 | Listing removed | $599,999 |
| 2024-05-21 | Listed for sale | $599,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-11 | $8580.99 | 8.41% | $485,900 | N/A |
| 2023-01-11 | $7915.31 | 1.81% | $485,900 | N/A |
| 2022-01-11 | $7774.40 | N/A | $485,900 | N/A |



Listed by: Jamie Kieffer • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250000564
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.