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100 MANHATTAN Ave #1902
C- Composite 52.44
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).

  • ARV discount +15.0/15.0
  • Appreciation +10.0/10.0
  • 1% rule +7.7/10.0
  • Schools +4.9/10.0
  • Cash flow +4.3/30.0
  • Condition / age +4.0/5.0
  • Livability +3.9/5.0
  • Rent growth +2.7/5.0
  • DSCR +0.0/10.0

$260,000

100 MANHATTAN Ave #1902 · Union City, NJ 07087
1 bd · 1.0 ba · 715 sqft · Townhouse · 51 Days on market
Good condition $364/sqft · 28% below area Est $359k · 28% under $1503/mo HOA · 46% of rent ↓ 4% since listing

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

Listing remarks

Located at 100 Manhattan Avenue, this luminous one-bedroom apartment offers comfort, convenience, and full-service living just moments from Manhattan. Spanning approximately 715 square feet, the apartment features an airy open layout enhanced by expansive park views and beautiful natural light throughout the day. The open Californian kitchen flows seamlessly into the living and dining areas, creating an inviting space ideal for both everyday living and entertaining. The bathroom has been tastefully updated.

Key facts

  • Expansive park views
  • Californian kitchen
  • Updated bathroom

Tags

EXPANSIVE PARK VIEWSCALIFORNIAN KITCHENUPDATED BATHROOMWHITE-GLOVE AMENITIES24/7 CONCIERGE SERVICEFULLY EQUIPPED FITNESS CENTER

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
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What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath townhouse listed at $260k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-695 ($-8k/yr) — negative.
  • To cash-flow at today's rent, offer at most $159k (38.7% below list).
  • Meets the 1% rule at list price ($3k rent vs $260k).
  • Recommended offer: $159k (38.7% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 77/100 on livability (#117 in NJ, #2,998 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: cost of living F.
  • Union City School District (suburban): math 15% / reading 36% proficiency, ranked #399 of 472 in NJ (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Sara M. Gilmore Academy (math 45% / reading 68%, grade C+, #162 of 1,303 statewide, top 13%, 390 students, 57% FRL); Emerson Middle School (math 15% / reading 40%, grade F, #340 of 431 statewide, top 80%, 1,001 students, 87% FRL); Union City High School (math 12% / reading 35%, grade F, #331 of 399 statewide, top 83%, 3,025 students, 83% FRL).
  • Market conditions: Rents flat; 349 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,310 units permitted in Hudson County in 2024 (4,154 in 5+ unit buildings).
  • At $3,298/mo this rent would consume 62% of the median local household income ($64k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
  • Hudson County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$45k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($252k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 46% of rent.
  • 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 $159,472 (38.7% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 39% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.27%
Cap rate
3.09%
Cash-on-cash
-11.45%
DSCR
0.49
GRM
6.6

CMA / ARV

ARV (median comp)
$358,969
List price
$260,000
Delta
-27.57%
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
402 9TH St Unit W3J 0.29mi 1/1.0 705 (-1%) 1mo $750,000 $1,064 83
842 PARK Ave #101 0.44mi 1/1.5 731 (+2%) 0mo $775,000 $1,060 74
222 GRAND St Unit 4K 0.74mi 1/1.0 715 (0%) 0mo $707,000 $989 65
315 7TH St #603 0.29mi 2/2.0 (+1) 767 (+7%) 0mo $475,000 $619 65
1500 WASHINGTON St Unit 10M 0.67mi 1/1.0 735 (+3%) 1mo $815,000 $1,109 63
508 GRAND St Unit 1L 0.56mi 2/1.5 (+1) 729 (+2%) 1mo $657,000 $901 62
1500 HUDSON St Unit 10S 0.70mi 1/1.0 735 (+3%) 1mo $825,000 $1,122 62
91 HANCOCK Ave #3 0.65mi 1/1.0 650 (-9%) 0mo $450,000 $692 54
814 WILLOW Ave Unit 5RR 0.41mi 2/1.5 (+1) 802 (+12%) 0mo $640,000 $798 54
410 ADAMS St Unit 1R 0.60mi 1/1.0 637 (-11%) 1mo $520,000 $816 53
61 6TH St #1 0.74mi 1/1.0 650 (-9%) 1mo $590,000 $908 50
501 ADAMS St Unit 5F 0.56mi 1/1.0 612 (-14%) 1mo $518,180 $847 49

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

Projected returns pro-forma

10.0% appreciation · 0.89% rent growth · sell at horizon

5-year hold
IRR
15.4%
Equity multiple
2.26×
Total profit
$91,472
Equity at exit
$234,229
10-year hold
IRR
14.4%
Equity multiple
5.03×
Total profit
$293,353
Equity at exit
$505,123

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
21 Tenant-Leaning
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
137 active · 98 under contract
Months of supply
6.9 mo (14%/mo absorbed)
Median asking
$475,000 ($708/sqft)
Median days on market
28 d
This list price
3% of active listings are priced below it
ARV vs active asking
-29.1% vs current asking $/sqft

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

ZIP-level market 07087

Home prices YoY
9.6%
Rents YoY
0.9%
Active inventory
349
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$3,298 high interval (Pro) →
Mortgage (P&I)
$1,363
Tax est. 1.5%
$325 /mo · $3,900/yr
Insurance
$108
HOA
$1,503
Vacancy / Maint / Mgmt
$692
Net cashflow
$-695

Break-even live

Break-even rent $4,177
Max offer price $159,472
Occupancy floor

Sensitivity live

Price -10% $-515 -5% $-605 +0% $-695 +5% $-785 +10% $-874
Rent -10% $-955 -5% $-825 +0% $-695 +5% $-564 +10% $-434
Rate -1.0pp $-564 -0.5pp $-629 base $-695 +0.5pp $-762 +1.0pp $-831

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
$65,000
Closing costs
$7,800
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
950 Monroe St Unit 708 Hoboken, NJ 1.0 1.0 750 $3,330 $4.44 120d 1 0.10mi
950 Monroe St Unit 1013 Hoboken, NJ 1.0 1.0 710 $3,305 $4.65 120d 1 0.10mi
900 Monroe St Hoboken, NJ 1.0–2.0 1.0–2.0 894 $3,925 $4.39 0d 6 0.12mi
316 2nd St Unit B Union City, NJ 1.0 700 $1,950 $2.79 100d 1 0.16mi
648 Jackson St Unit 1240950P Hoboken, NJ 1.0 1.0 742 $7,447 $10.04 0d 1 0.16mi
831 Monroe St #839 Hoboken, NJ 1.0 1.0 700 $3,810 $5.44 18d 1 0.17mi
1100 Jefferson St Hoboken, NJ 1.0–2.0 1.0–2.0 992 $3,902 $3.93 0d 9 0.18mi
824 Madison St Unit 1240948P Hoboken, NJ 1.0 1.0 742 $3,804 $5.13 71d 1 0.18mi
824 Madison St Unit 1587125P Hoboken, NJ 1.0 1.0 742 $4,727 $6.37 0d 1 0.18mi
920 Jefferson St Hoboken, NJ 1.0–2.0 1.0–2.0 876 $3,500 $3.99 0d 3 0.19mi
920 Jefferson St #502 Hoboken, NJ 1.0 1.0 651 $3,300 $5.07 106d 1 0.19mi
1000 Jefferson St Hoboken, NJ 1.0–2.0 1.0–2.0 936 $3,846 $4.11 0d 7 0.21mi
456 9th St #1 Hoboken, NJ 2.0 1.0 750 $4,200 $5.60 71d 1 0.21mi
456 9th St Unit 1A Hoboken, NJ 2.0 1.0 750 $3,900 $5.20 59d 1 0.21mi
373 Webster Ave #1 Jersey City, NJ 1.0 1.0 550 $2,200 $4.00 2d 1 0.22mi
800 Madison St Hoboken, NJ 1.0–3.0 1.0–2.0 1249 $3,934 $3.15 0d 9 0.24mi
818 Jefferson St Unit 4E Hoboken, NJ 1.0 1.0 620 $3,450 $5.56 49d 1 0.24mi
800 Jefferson St Hoboken, NJ 1.0 1.0–2.0 887 $3,982 $4.49 3d 7 0.26mi
1015 Grand St Unit 4F Hoboken, NJ 1.0 1.5 550 $2,900 $5.27 69d 1 0.29mi
314 Webster Ave Unit 2 Jersey City, NJ 2.0 1.0 700 $2,400 $3.43 100d 1 0.29mi
770 Jackson St Hoboken, NJ 2.0 1.0–2.0 757 $4,726 $6.24 3d 19 0.29mi
401 Bergenline Ave #1 Union City, NJ 2.0 1.0 700 $2,000 $2.86 108d 1 0.31mi
352 New York Ave Unit 1/1L Jersey City, NJ 1.0 1.0 750 $1,850 $2.47 117d 1 0.31mi
1024 Clinton St #103 Hoboken, NJ 1.0 1.0 700 $3,700 $5.29 45d 1 0.31mi
734 Adams St Unit 3A Hoboken, NJ 2.0 1.0 537 $3,350 $6.24 26d 1 0.32mi
775 Jackson St Unit 02 Hoboken, NJ 1.0 1.0 715 $3,795 $5.31 120d 1 0.32mi
775 Jackson St Unit 04 Hoboken, NJ 1.0 450 $2,715 $6.03 120d 1 0.32mi
775 Jackson St Unit 05 Hoboken, NJ 1.0 1.0 750 $2,890 $3.85 120d 1 0.32mi
775 Jackson St Unit 01 Hoboken, NJ 1.0 422 $3,195 $7.57 120d 1 0.32mi
734 Adams St Hoboken, NJ 2.0 1.0 537 $3,175 $5.91 28d 2 0.32mi
1200 Grand St #525 Hoboken, NJ 1.0 1.0 705 $3,850 $5.46 57d 1 0.32mi
1200 Grand St #423 Hoboken, NJ 1.0 1.0 705 $3,800 $5.39 41d 1 0.32mi
725 Jefferson St #24 Hoboken, NJ 1.0 1.0 706 $3,500 $4.96 71d 1 0.32mi
725 Jefferson St #45 Hoboken, NJ 1.0 1.0 615 $3,400 $5.53 94d 1 0.32mi
725 Jefferson St #11 Hoboken, NJ 1.0 1.0 628 $3,400 $5.41 97d 1 0.32mi
312 10th St #312 Hoboken, NJ 1.0 1.0 700 $3,400 $4.86 79d 1 0.34mi
716 Adams St Unit 3W Hoboken, NJ 1.0 1.0 628 $2,850 $4.54 88d 1 0.34mi
700 Grove St Jersey City, NJ 1.0–2.0 1.0–2.0 1163 $3,450 $2.97 109d 2 0.36mi
1016 Willow Ave Unit 1B Hoboken, NJ 1.0 1.0 650 $2,700 $4.15 12d 1 0.36mi
629 Jefferson St Unit 1240951P Hoboken, NJ 1.0 1.0 742 $4,913 $6.62 0d 1 0.37mi

Property features AI

Finance

HOA & community
Monthly maintenance feeMaintenance includes taxes, heat, water, electric, and hot waterCommunity roomHealth clubPoolShops on premisesStorage

Exterior

Parking
Parking for 1 car
Security
DoormanElevator
Utilities
Water included in maintenanceHeat and hot water included in maintenanceElectric included in maintenance
Home design
Condominium unit
Exterior features
Brick exteriorTerraceNear train, bus, and parks

Interior

Kitchen
Kitchen (one)
Bedrooms
One bedroom on level 1
Bathrooms
One full bathroom
Heating & cooling
Hot water heatingWall air conditioning
Interior features
DishwasherMicrowaveRefrigeratorElectric oven/range
Laundry & utility
Washer/Dryer room in building

Listing history 31 events

  1. 2026-07-09
    days on market $260,000 Active 51 DOM
  2. 2026-07-07
    days on market $260,000 Active 49 DOM
  3. 2026-07-06
    days on market $260,000 Active 48 DOM
  4. 2026-07-06
    days on market $260,000 Active 47 DOM
  5. 2026-07-05
    days on market $260,000 Active 46 DOM
  6. 2026-07-03
    days on market $260,000 Active 45 DOM
  7. 2026-07-02
    days on market $260,000 Active 44 DOM
  8. 2026-07-01
    days on market $260,000 Active 43 DOM
  9. 2026-06-30
    days on market $260,000 Active 42 DOM
  10. 2026-06-29
    days on market $260,000 Active 41 DOM
  11. 2026-06-28
    days on market $260,000 Active 40 DOM
  12. 2026-06-27
    days on market $260,000 Active 39 DOM
  13. 2026-06-26
    days on market $260,000 Active 38 DOM
  14. 2026-06-24
    days on market $260,000 Active 36 DOM
  15. 2026-06-22
    days on market $260,000 Active 34 DOM
  16. 2026-06-21
    days on market $260,000 Active 33 DOM
  17. 2026-06-18
    days on market $260,000 Active 30 DOM
  18. 2026-06-17
    days on market $260,000 Active 29 DOM
  19. 2026-06-16
    days on market $260,000 Active 28 DOM
  20. 2026-06-15
    days on market $260,000 Active 27 DOM
  21. 2026-06-13
    days on market $260,000 Active 25 DOM
  22. 2026-06-13
    pricedays on market $260,000 Active 24 DOM
  23. 2026-06-09
    days on market $270,000 Active 21 DOM
  24. 2026-06-08
    days on market $270,000 Active 20 DOM
  25. 2026-06-07
    days on market $270,000 Active 19 DOM
  26. 2026-06-04
    days on market $270,000 Active 16 DOM
  27. 2026-06-03
    days on market $270,000 Active 15 DOM
  28. 2026-06-02
    days on market $270,000 Active 14 DOM
  29. 2026-06-01
    days on market $270,000 Active 13 DOM
  30. 2026-05-31
    days on market $270,000 Active 12 DOM
  31. 2026-05-19
    listed $270,000 Active

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$39,571
− Mortgage interest
−$14,564
− Property taxes
−$3,900
− Insurance
−$1,300
− Repairs & maintenance
−$3,166
− Management
−$3,166
− HOA
−$18,036
− Depreciation
−$7,564
Taxable loss
−$12,124
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,910
After-tax cash flow
$-5,427/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 · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $3,575–$10,725 screening

This one-bedroom apartment is in good condition and has a good condition score of 80. It has a good kitchen, good bathroom, and good exterior. The apartment has a good rehab level of cosmetic and has a few maintenance items to address. The highest-ROI updates that would raise its resale or rental value are painting the interior walls, replacing the carpet in the living area, and cleaning the air conditioning unit.

Value-add opportunities

  • Both Paint the interior walls — Painting the interior walls can improve the appearance of the apartment and make it more appealing to potential buyers or renters.
  • Both Replace the carpet in the living area — Replacing the carpet in the living area can improve the appearance of the apartment and make it more appealing to potential buyers or renters.
  • Both Clean the air conditioning unit — Cleaning the air conditioning unit can improve the air quality in the apartment and make it more comfortable for potential buyers or renters.

ⓘ 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 49/100

Zoned Schools

Elementary Sara M. Gilmore Academy C+ NJ #162/1,303 Nat'l #9,263/41,679 Middle Emerson Middle School F NJ #340/431 Nat'l #9,659/14,009 High Jose Marti Stem Academy B- NJ #48/399 Nat'l #3,148/17,239

Schools (NCES district)

District
Union City School District
NCES district ID
3416380
Math proficiency
15% ▼ -19.00%
Reading proficiency
36% ▼ -19.00%
Median HH income
$41,210
Composite
21.55/100
National rank
#8312
State rank
#399 of 472 in NJ
B Composite livability gradescore 77/100

Livability — Union City

Score
77/100
State rank
#117
US rank
#2998

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Union City, NJ
County
Hudson County · 771,834 people
City population
66,463
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
66,463
Household income
$64,310
Rent vs Own
80.9% rent · 19.1% own
Severe rent burden
12% 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
Predominantly Hispanic (82%)
Race & ethnicity
Hispanic / Latino 82% Two or more races 28% White 10% Asian 4% Black 3% Native American 2%
Hispanic origin (detail)
Mexican 7% Puerto Rican 8% Cuban 9% Dominican 17%
Foreign-born
55% · Canada, Jamaica, China
Languages at home
18% English-only · Spanish 74% Other Indo-European 2% Arabic 1%

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

-3.7% since first listed
3 events — show timeline
  • 2026-07-09 Listing Removed HCMLS
  • 2026-06-11 Price Changed $260,000 HCMLS
  • 2026-05-19 Listed $270,000 HCMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…