








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 711 1st St #501, Hoboken, NJ, 07030 offers a 4.69% rental yield on a $1,750,000 purchase with $6,846/mo rent. 46% in year one. Equity gained on principal adds $11,292/yr while 5% annual appreciation supports $483,493 over five years. Portfolio math shows five-year ROI at 42.61% and total cumulative return in cash at $241,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,846/mo property income against a $8,565/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
No 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 |
|---|---|---|
| 2025-10-10 | Sold | $1,750,000 |
| 2025-07-31 | Listed for sale | $1,850,000 |
| 2022-11-14 | Sold | $1,375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: STACEY A KOLMER • CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
Mls Name: HCMLS
Mls ID: #250015617
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.