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127 VAN HORNE St #1
C Composite 55.32
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +16.1/30.0
  • ARV discount +15.0/15.0
  • 1% rule +5.8/10.0
  • DSCR +5.0/10.0
  • Condition / age +4.0/5.0
  • Livability +3.9/5.0
  • Rent growth +3.3/5.0
  • Schools +2.3/10.0
  • Appreciation +0.0/10.0

$275,000

127 VAN HORNE St #1 · Jersey City, NJ 07304
3 bd · 1.5 ba · 741 sqft · Condo · 60 Days on market
Good condition $371/sqft · 37% below area Est $435k · 37% under $300/mo HOA · 10% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

This spacious 3 bedroom, 1.5 bath residence offers the flexibility today's buyer's need and the opportunity to invest in your future. Conveniently located minutes away from the Hudson-Bergen Light Rail, Berry Lane Park, shopping, dining, and everyday neighborhood conveniences. Why rent when you can own? More space. More freedom. More ownership. Schedule your viewing today.

Key facts

  • $300 HOA
  • Listed 59 days

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath condo listed at $275k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $140 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $275k).
  • Recommended offer: $267k (3.0% below list) — sets the bar for market timing.
  • Cap rate 6.9% vs local median 2.1% in Jersey City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 77/100 on livability (#116 in NJ, #2,955 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
  • Jersey City Public Schools (urban): math 16% / reading 38% proficiency, ranked #369 of 472 in NJ (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Rev. Dr. Ercel F. Webb School (math 2% / reading 22%, grade F, #1,192 of 1,303 statewide, top 92%, 741 students, 56% FRL); Middle School # 4 (math 32% / reading 54%, grade D-, #167 of 431 statewide, top 41%, 669 students, 54% FRL); Lincoln High School (math 4% / reading 25%, grade F, #389 of 399 statewide, top 98%, 942 students, 62% FRL).
  • Market conditions: Rents rising (+3.3%/yr); 258 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 5,310 units permitted in Hudson County in 2024 (4,154 in 5+ unit buildings).
  • At $2,963/mo this rent would consume 50% of the median local household income ($71k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Hudson County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 60 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $266,750 (3.0% below list)

Questions for the listing agent

  1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.08%
Cap rate
6.90%
Cash-on-cash
2.18%
DSCR
1.10
GRM
7.7

CMA / ARV

ARV (median comp)
$434,832
List price
$275,000
Delta
-36.76%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
372 COMMUNIPAW Ave Unit 4R 0.19mi 2/1.0 (-1) 750 (+1%) 2mo $250,000 $333 81
83 MAPLE St Unit 3R 0.38mi 2/1.0 (-1) 718 (-3%) 0mo $430,000 $599 70
135 MONTGOMERY St Unit 21H 1.41mi 2/1.0 (-1) 750 (+1%) 1mo $535,000 $713 55
349 7TH St Unit 2-R 1.38mi 2/1.0 (-1) 753 (+2%) 2mo $515,000 $684 54
2677 KENNEDY Blvd #3 1.20mi 2/1.0 (-1) 702 (-5%) 2mo $307,500 $438 47
429 FAIRMOUNT Ave #412 1.20mi 2/1.0 (-1) 685 (-8%) 1mo $265,000 $387 45
203 HARRISON Ave #34 0.86mi 3/1.0 816 (+10%) 2mo $250,000 $306 44
282 MAGNOLIA Ave #9 1.49mi 2/1.0 (-1) 830 (+12%) 1mo $410,000 $494 37
2672 KENNEDY Blvd #501 1.17mi 3/1.0 899 (+21%) 2mo $400,000 $445 37
91 Coles St #1 1.40mi 2/1.0 (-1) 851 (+15%) 2mo $669,000 $786 32
379 2ND St #3 1.18mi 2/2.0 (-1) 851 (+15%) 2mo $720,000 $846 32
203 3RD St #1 1.48mi 2/2.0 (-1) 848 (+14%) 3mo $575,000 $678 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.32% rent growth · sell at horizon

5-year hold
IRR
-12.3%
Equity multiple
0.55×
Total profit
$-34,463
Equity at exit
$41,003
10-year hold
IRR
-2.6%
Equity multiple
0.82×
Total profit
$-13,651
Equity at exit
$23,777

Cash invested: $77,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
6 Strongly Tenant-Friendly
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City Jersey City
6 Strongly Tenant-Friendly · D+34
Rent Control Ordinance covers buildings 4+ units pre-1986.

Active competition Active MLS

For sale now
1 active · 1 under contract
Median asking
$450,000 ($627/sqft)
Median days on market
20 d
This list price
lowest-priced of the active set
ARV vs active asking
-6.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 07304

Home prices YoY
-34.5%
Rents YoY
3.3%
Active inventory
258
Price-to-rent
7.7×

Monthly cashflow live

Estimated rent
$2,963 high interval (Pro) →
Mortgage (P&I)
$1,442
Tax est. 1.5%
$344 /mo · $4,125/yr
Insurance
$115
HOA
$300
Vacancy / Maint / Mgmt
$622
Net cashflow
$140

Break-even live

Break-even rent $2,785
Max offer price $275,000
Occupancy floor 90%

Sensitivity live

Price -10% $330 -5% $235 +0% $140 +5% $45 +10% $-50
Rent -10% $-94 -5% $23 +0% $140 +5% $257 +10% $374
Rate -1.0pp $278 -0.5pp $210 base $140 +0.5pp $69 +1.0pp $-4

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$68,750
Closing costs
$8,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
372 Communipaw Ave Unit 4L Jersey City, NJ 2.0 1.0 750 $2,500 $3.33 18d 1 0.17mi
334 Communipaw Ave Unit 3 Jersey City, NJ 2.0 1.0 750 $2,100 $2.80 57d 1 0.23mi
250 Van Horne St #2 Jersey City, NJ 2.0 1.0 700 $2,600 $3.71 73d 1 0.26mi
342 Randolph Ave Jersey City, NJ 2.0 1.0 600 $1,875 $3.12 57d 1 0.26mi
41 Harmon St #4 Jersey City, NJ 2.0 1.0 750 $1,725 $2.30 51d 1 0.32mi
300 Communipaw Ave Jersey City, NJ 1.0–3.0 1.0–2.0 1220 $4,200 $3.44 28d 4 0.35mi
258 Pine St Unit 2R Jersey City, NJ 2.0 1.0 655 $2,600 $3.97 43d 1 0.36mi
252 Clerk St Unit 1 Jersey City, NJ 2.0 1.0 700 $2,000 $2.86 54d 1 0.39mi
66 Monitor St Jersey City, NJ 2.0 1.0–2.0 738 $4,118 $5.58 4d 11 0.40mi
74 Maple St Jersey City, NJ 1.0–2.0 1.0–2.0 996 $4,050 $4.07 0d 12 0.40mi
89 Monitor St Jersey City, NJ 2.0 1.0–2.0 833 $5,207 $6.25 0d 28 0.43mi
295 Johnston Ave Jersey City, NJ 3.0 1.0–2.0 745 $4,679 $6.28 0d 19 0.47mi
82 Madison Ave Unit 2 Jersey City, NJ 2.0 1.0 700 $3,500 $5.00 0d 1 0.48mi
189 Phillip St Jersey City, NJ 3.0 1.0–2.5 965 $6,254 $6.48 0d 458 0.51mi
12 Monticello Ave Unit 3 Jersey City, NJ 2.0 1.0 750 $2,150 $2.87 73d 1 0.51mi
20 Seidler St Apt 9 Jersey City, NJ 2.0 1.0 750 $1,795 $2.39 18d 1 0.60mi
38 Randolph Ave Unit 1L Jersey City, NJ 2.0 1.0 750 $1,850 $2.47 2d 1 0.62mi
608 Bramhall Ave Apt 1LL Jersey City, NJ 2.0 1.0 700 $1,800 $2.57 57d 1 0.66mi
67 Brinkerhoff St Apt 4D Jersey City, NJ 2.0 2.0 700 $2,195 $3.14 0d 1 0.68mi
166 Summit Ave Jersey City, NJ 2.0 1.0 750 $1,950 $2.60 24d 1 0.68mi
9 Bentley Ave Unit 15 Jersey City, NJ 2.0 1.0 700 $2,295 $3.28 43d 1 0.76mi
126 Clifton Pl Unit T-1108 Jersey City, NJ 2.0 1.0 667 $2,945 $4.42 24d 1 0.76mi
429 Bergen Ave Jersey City, NJ 1.0–2.0 1.0–2.0 923 $2,800 $3.03 3d 1 0.77mi
20 Beacon Way Unit H-B01 Jersey City, NJ 2.0 2.0 724 $2,825 $3.90 73d 1 0.80mi
4 Beacon Way Jersey City, NJ 1.0–2.0 1.0–2.0 590 $3,200 $5.42 10d 3 0.83mi
190 Clinton Ave Unit 4 Jersey City, NJ 2.0 1.0 700 $2,200 $3.14 43d 1 0.87mi
190 Clinton Ave Unit 2 Jersey City, NJ 3.0 1.0 750 $2,400 $3.20 41d 1 0.87mi
283 Monmouth St Jersey City, NJ 2.0 1.0 600 $2,550 $4.25 73d 1 0.92mi
280 Fairmount Ave Jersey City, NJ 1.0–2.0 1.0–2.0 723 $3,000 $4.15 2d 4 0.93mi
157 Bidwell Ave Unit 2 Jersey City, NJ 4.0 2.0 750 $2,900 $3.87 73d 1 0.95mi
88 Regent St Jersey City, NJ 2.0 1.0–2.0 690 $5,745 $8.33 0d 37 0.97mi
333 Grand St Jersey City, NJ 1.0–2.0 1.0–2.0 950 $6,200 $6.52 0d 17 0.98mi
50 Regent St Jersey City, NJ 2.0 1.0–2.0 777 $5,300 $6.82 2d 14 0.98mi
333 Fairmount Ave Jersey City, NJ 1.0–2.0 1.0 888 $2,495 $2.81 38d 2 1.01mi
30 Regent St Jersey City, NJ 2.0 1.0–2.0 832 $5,275 $6.34 0d 19 1.02mi
232 Bidwell Ave Unit 3 Jersey City, NJ 2.0 1.0 750 $2,055 $2.74 17d 1 1.03mi
158 Bergen Ave Apt 45 Jersey City, NJ 2.0 1.0 750 $1,750 $2.33 18d 1 1.04mi
9 Regent St Jersey City, NJ 3.0 1.0–2.0 906 $5,975 $6.59 0d 17 1.07mi
134 Baldwin Ave Jersey City, NJ 2.0 1.0–2.0 824 $3,699 $4.49 0d 6 1.10mi
72 Vroom St Jersey City, NJ 2.0 1.0–2.0 805 $3,642 $4.52 3d 4 1.12mi

Property features AI

Finance

Other
Approximately 741 square feetAppliances includedLead paint form: yesPersonal property excluded

Exterior

Parking
No parking
Security
Intercom
Utilities
Electric serviceGas serviceWall A/C
Home design
Brick exterior
Construction
Brick construction
Exterior features
Near train, shopping, bus, parks, and schoolsNo pets allowed

Interior

Kitchen
MicrowaveRefrigeratorGas oven/range
Bedrooms
3 bedrooms on level 1
Flooring
Hardwood
Bathrooms
2 bathrooms (1 full, 1 half)
Heating & cooling
Wall A/CBaseboard heatingElectric systemsGas systems
Interior features
IntercomHardwood floorFireplace
Laundry & utility
Washer and dryer

HOA detail $300/mo · $3,600/yr condo

Assessments
None detected in remarks — confirm with the listing agent.

Listing history 46 events

  1. 2026-08-08
    days on market $275,000 Active 60 DOM
  2. 2026-08-06
    days on market $275,000 Active 58 DOM
  3. 2026-08-05
    days on market $275,000 Active 57 DOM
  4. 2026-08-04
    days on market $275,000 Active 56 DOM
  5. 2026-08-03
    days on market $275,000 Active 55 DOM
  6. 2026-07-31
    pricedays on market $275,000 Active 52 DOM
  7. 2026-07-28
    days on market $325,000 Active 49 DOM
  8. 2026-07-26
    days on market $325,000 Active 47 DOM
  9. 2026-07-24
    days on market $325,000 Active 45 DOM
  10. 2026-07-23
    days on market $325,000 Active 44 DOM
  11. 2026-07-22
    days on market $325,000 Active 43 DOM
  12. 2026-07-21
    days on market $325,000 Active 42 DOM
  13. 2026-07-20
    days on market $325,000 Active 41 DOM
  14. 2026-07-18
    days on market $325,000 Active 39 DOM
  15. 2026-07-18
    days on market $325,000 Active 38 DOM
  16. 2026-07-16
    days on market $325,000 Active 37 DOM
  17. 2026-07-15
    days on market $325,000 Active 36 DOM
  18. 2026-07-14
    days on market $325,000 Active 35 DOM
  19. 2026-07-13
    days on market $325,000 Active 34 DOM
  20. 2026-07-13
    days on market $325,000 Active 33 DOM
  21. 2026-07-11
    days on market $325,000 Active 32 DOM
  22. 2026-07-10
    days on market $325,000 Active 31 DOM
  23. 2026-07-09
    days on market $325,000 Active 30 DOM
  24. 2026-07-07
    days on market $325,000 Active 28 DOM
  25. 2026-07-06
    days on market $325,000 Active 27 DOM
  26. 2026-07-06
    days on market $325,000 Active 26 DOM
  27. 2026-07-05
    days on market $325,000 Active 25 DOM
  28. 2026-07-03
    days on market $325,000 Active 24 DOM
  29. 2026-07-02
    days on market $325,000 Active 23 DOM
  30. 2026-07-01
    days on market $325,000 Active 22 DOM
  31. 2026-06-30
    days on market $325,000 Active 21 DOM
  32. 2026-06-29
    days on market $325,000 Active 20 DOM
  33. 2026-06-28
    days on market $325,000 Active 19 DOM
  34. 2026-06-27
    days on market $325,000 Active 18 DOM
  35. 2026-06-26
    days on market $325,000 Active 17 DOM
  36. 2026-06-24
    days on market $325,000 Active 15 DOM
  37. 2026-06-22
    days on market $325,000 Active 13 DOM
  38. 2026-06-21
    days on market $325,000 Active 12 DOM
  39. 2026-06-18
    days on market $325,000 Active 9 DOM
  40. 2026-06-17
    days on market $325,000 Active 8 DOM
  41. 2026-06-16
    days on market $325,000 Active 7 DOM
  42. 2026-06-15
    days on market $325,000 Active 6 DOM
  43. 2026-06-13
    days on market $325,000 Active 4 DOM
  44. 2026-06-13
    days on market $325,000 Active 3 DOM
  45. 2026-06-10
    remarks 375-char remark
  46. 2026-06-10
    listed $325,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$35,550
− Mortgage interest
−$15,404
− Property taxes
−$4,125
− Insurance
−$1,375
− Repairs & maintenance
−$2,844
− Management
−$2,844
− HOA
−$3,600
− Depreciation
−$8,000
Taxable loss
−$2,642
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$634
After-tax cash flow
$2,313/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $3,705–$11,115 screening

This well-maintained, modern 3-bedroom condo is move-in ready with a fresh paint job and smart home features, ideal for both resale and rental.

Value-add opportunities

  • Both Painting exterior — Enhances curb appeal and value
  • Both Landscaping — Improves curb appeal and rental value
  • Both Add smart home features — Enhances convenience and marketability

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 23/100

Zoned Schools

Elementary Rev. Dr. Ercel F. Webb School F NJ #1,192/1,303 Nat'l #38,100/41,679 Middle Middle School # 4 D- NJ #167/431 Nat'l #5,160/14,009 High Lincoln High School F NJ #389/399 Nat'l #15,534/17,239

Schools (NCES district)

District
Jersey City Public Schools
NCES district ID
3407830
Math proficiency
16% ▼ -17.00%
Reading proficiency
38% ▼ -11.00%
Median HH income
$58,431
Composite
24.43/100
National rank
#7678
State rank
#369 of 472 in NJ
B Composite livability gradescore 77/100

Livability — Jersey City

Score
77/100
State rank
#116
US rank
#2955

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing A- Health & safety A- User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Jersey City, NJ
County
Hudson County · 771,834 people
City population
294,078
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
51,306
Household income
$70,986
Rent vs Own
75.9% rent · 24.1% own
Severe rent burden
13% of renters

Population outlook (Hudson County) Hauer SSP2

Today (2025)
771,834 people
By 2030
818,028 · +6.0%
By 2040
907,866 · +17.6%
By 2050
994,480 · +28.8%
By 2075
1,163,301 · +50.7%
By 2100
1,254,703 · +62.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.75)
Race & ethnicity
Black 33% Hispanic / Latino 28% White 20% Two or more races 15% Asian 14%
Hispanic origin (detail)
Mexican 2% Puerto Rican 9% Dominican 10%
Common ancestry
Scotch-Irish 1% Hispanic 1% Romanian 1%
Foreign-born
36% · Canada, Vietnam, China
Languages at home
52% English-only · Spanish 22% Arabic 8% Tagalog/Filipino 5%

Political lean MEDSL · Hudson

2024 margin
Strong D (+28.1) · D 62.6% · R 34.6% · Other 2.8%
2008→2024 swing
-18.7pp toward R · 2008: 46.7pp · 2024: 28.1pp
All cycles
2024: D+28.1 2020: D+46.2 2016: D+51.8 2012: D+55.7 2008: D+46.7

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2026-06-09 Listed $325,000 HCMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…