305 CATOR Ave Unit 1B · Jersey City, NJ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $526 – $976
Heat risk 7/10 · Major
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +21.5/30.0
- ARV discount +15.0/15.0
- 1% rule +7.2/10.0
- DSCR +6.9/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Schools +3.3/10.0
- Rent growth +2.9/5.0
- Appreciation +0.0/10.0
$175,000
305 CATOR Ave Unit 1B · Jersey City, NJ 07305
2 bd · 1.0 ba · 715 sqft · Condo
· 35 Days on market
$245/sqft
· 32% below area
Est $259k · 32% under
$220/mo HOA · 10% of rent
↓ 12% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautifully maintained 2-bedroom, 1 full bath condo featuring vinyl plank flooring throughout and generously sized bedrooms. The unit offers a modern open-concept layout, perfect for comfortable living and entertaining. For added convenience, laundry machines are located in the basement.The HOA fee includes water and maintenance of the common areas, making for easy, low-maintenance living. The unit also comes with one assigned parking space.Located in one of Jersey City's most desirable areas, this home is a commuter's dream-just steps from mass transit and within walking distance to the Light Rail. Enjoy the perfect combination of comfort, convenience, and unbeatable location.
Key facts
- Vinyl plank flooring
- $220 HOA
- Parking
Tags
Neighborhood map
Sold within
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 2-bed/1.0-bath condo listed at $175k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $264 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $175k).
- Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.1% 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: President Barack Obama Elementary School (math 3% / reading 24%, grade F, #1,152 of 1,303 statewide, top 89%, 420 students, 64% FRL); Academy I (math 60% / reading 76%, grade A-, #14 of 431 statewide, top 3%, 403 students, 46% FRL); Henry Snyder High School (math 4% / reading 31%, grade F, #369 of 399 statewide, top 93%, 849 students, 62% FRL).
- Market conditions: Rents rising (+1.6%/yr); 328 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,310 units permitted in Hudson County in 2024 (4,154 in 5+ unit buildings).
- This rent runs 34% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 35 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
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
$169,750
(3.0% below list)
Questions for the listing agent
- It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.22% ✓
- Cap rate
- 8.10%
- Cash-on-cash
- 6.45%
- DSCR
- 1.29
- GRM
- 6.8
CMA / ARV
- ARV (median comp)
- $258,685
- List price
- $175,000
- Delta
- -32.35%
- 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 |
|---|---|---|---|---|---|---|---|
| 1225 KENNEDY Blvd Unit 9D | 1.07mi | 1/1.0 (-1) | 725 (+1%) | 1mo | $240,000 | $331 | 57 |
| 1866 JOHN F KENNEDY Blvd Unit 1c | 0.29mi | 1/1.0 (-1) | 548 (-23%) | 1mo | $215,000 | $392 | 56 |
| 1225 KENNEDY Blvd Unit 9G | 1.07mi | 1/1.0 (-1) | 700 (-2%) | 2mo | $245,000 | $350 | 55 |
| 144 OLD BERGEN Rd Unit D3 OR 403 | 0.54mi | 1/1.0 (-1) | 648 (-9%) | 1mo | $165,000 | $255 | 53 |
| 72 CHERRY St #72 | 0.47mi | 1/1.0 (-1) | 805 (+13%) | 0mo | $326,900 | $406 | 52 |
| 1225 KENNEDY Blvd Unit 14J | 1.07mi | 1/1.0 (-1) | 680 (-5%) | 1mo | $230,000 | $338 | 51 |
| 15 FREEDOM Way #412 | 1.39mi | 1/1.0 (-1) | 766 (+7%) | 0mo | $335,000 | $437 | 48 |
| 600 BRAMHALL Ave Unit ADU | 1.39mi | 1/1.5 (-1) | 672 (-6%) | 2mo | $324,900 | $483 | 47 |
| 30 FREEDOM Way #406 | 1.35mi | 1/1.0 (-1) | 766 (+7%) | 2mo | $335,000 | $437 | 47 |
| 4 CONSTELLATION Pl #101 | 1.40mi | 1/1.0 (-1) | 786 (+10%) | 4mo | $330,000 | $420 | 40 |
| 162 CLERK St #4 | 1.15mi | 2/1.0 | 810 (+13%) | 3mo | $299,000 | $369 | 40 |
| 30 FREEDOM Way Unit 202B | 1.35mi | 1/1.0 (-1) | 811 (+13%) | 4mo | $290,000 | $358 | 34 |
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 · 1.61% rent growth · sell at horizon
5-year hold
- IRR
- -8.1%
- Equity multiple
- 0.71×
- Total profit
- $-14,360
- Equity at exit
- $26,093
10-year hold
- IRR
- -0.6%
- Equity multiple
- 0.96×
- Total profit
- $-2,005
- Equity at exit
- $15,131
Cash invested: $49,000 (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
- Median asking
- $399,000 ($456/sqft)
- Median days on market
- 43 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -20.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 07305
- Rents YoY
- 1.6%
- Active inventory
- 328
- Price-to-rent
- 6.8×
Monthly cashflow live
↻
- Estimated rent
- $2,143 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax est. 1.5%
- −$219 /mo · $2,625/yr
- Insurance
- −$73
- HOA
- −$220
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$450
- Net cashflow
- $264
Break-even live
Break-even rent
$1,809
Max offer price
$175,000
Occupancy floor
83%
Sensitivity live
| Price | -10% $384 | -5% $324 | +0% $264 | +5% $203 | +10% $143 |
|---|---|---|---|---|---|
| Rent | -10% $94 | -5% $179 | +0% $264 | +5% $348 | +10% $433 |
| Rate | -1.0pp $352 | -0.5pp $308 | base $264 | +0.5pp $218 | +1.0pp $172 |
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
- $43,750
- Closing costs
- $5,250
- Club membership (one-time)
- —
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 402 Linden Ave Unit 402 Jersey City, NJ | 1.0 | 1.0 | 600 | $1,895 | $3.16 | 37d | 1 | 0.09mi |
| 339 Danforth Ave Unit 1F Jersey City, NJ | 1.0 | 1.0 | 600 | $1,700 | $2.83 | 16d | 1 | 0.11mi |
| 158 Greenville Ave Unit 1A Jersey City, NJ | 2.0 | 1.0 | 700 | $2,000 | $2.86 | 74d | 1 | 0.14mi |
| 377 Danforth Ave Unit 4 Jersey City, NJ | 1.0 | 1.0 | 600 | $1,850 | $3.08 | 36d | 1 | 0.19mi |
| 377 Danforth Ave Jersey City, NJ | 1.0 | 1.0 | 600 | $1,820 | $3.03 | 48d | 1 | 0.19mi |
| 377 Danforth Ave Unit 4 Jersey City, NJ | 1.0 | 1.0 | 525 | $1,820 | $3.47 | 56d | 1 | 0.19mi |
| 122 Wade St Jersey City, NJ | 1.0 | 1.0 | 600 | $1,800 | $3.00 | 5d | 1 | 0.27mi |
| 1866 John F. Kennedy Blvd Unit 1C Jersey City, NJ | 1.0 | 1.0 | 548 | $1,850 | $3.38 | 1d | 1 | 0.28mi |
| 225 Lembeck Ave Jersey City, NJ | 1.0 | 1.0 | 600 | $1,850 | $3.08 | 7d | 1 | 0.30mi |
| 5 Van Houten Ave Unit 33 Jersey City, NJ | 1.0 | 1.0 | 700 | $1,895 | $2.71 | 74d | 1 | 0.48mi |
| 144 Old Bergen Rd Unit D3 Jersey City, NJ | 1.0 | 1.0 | 648 | $1,750 | $2.70 | 3d | 1 | 0.53mi |
| 144 Old Bergen Rd Unit B4 Jersey City, NJ | 1.0 | 1.0 | 629 | $1,600 | $2.54 | 74d | 1 | 0.53mi |
| 181 Dwight St Unit 1 Jersey City, NJ | 1.0 | 1.0 | 625 | $1,500 | $2.40 | 24d | 1 | 0.54mi |
| 36 Crossgate Rd Unit 1 Jersey City, NJ | 2.0 | 1.0 | 550 | $2,000 | $3.64 | 37d | 1 | 0.57mi |
| 54 Linden Ave Unit 402 Jersey City, NJ | 1.0 | 1.0 | 700 | $1,895 | $2.71 | 43d | 1 | 0.63mi |
| 23 University Place Blvd Jersey City, NJ | 2.0 | 1.0–2.0 | 806 | $3,550 | $4.40 | 5d | 16 | 0.63mi |
| 232 Bidwell Ave Unit 3 Jersey City, NJ | 2.0 | 1.0 | 750 | $2,055 | $2.74 | 17d | 1 | 0.65mi |
| 158 Bergen Ave Apt 45 Jersey City, NJ | 2.0 | 1.0 | 750 | $1,750 | $2.33 | 18d | 1 | 0.65mi |
| 162 Bergen Ave Apt 4B Jersey City, NJ | 1.0 | 1.0 | 650 | $1,595 | $2.45 | 17d | 1 | 0.66mi |
| 33 University Place Blvd Jersey City, NJ | 2.0 | 1.0–2.0 | 698 | $3,001 | $4.30 | 1d | 6 | 0.67mi |
| 26 University Place Blvd Jersey City, NJ | 2.0 | 1.0–2.0 | 895 | $3,795 | $4.24 | 3d | 21 | 0.68mi |
| 40 Lembeck Ave Unit 1BR Jersey City, NJ | 1.0 | 1.0 | 650 | $2,100 | $3.23 | 43d | 1 | 0.71mi |
| 40 Lembeck Ave Unit 202 Jersey City, NJ | 2.0 | 1.0 | 750 | $2,400 | $3.20 | 56d | 1 | 0.71mi |
| 40 Lembeck Ave Unit 204 Jersey City, NJ | 1.0 | 1.0 | 500 | $2,100 | $4.20 | 56d | 1 | 0.71mi |
| 15 Carbon Pl Jersey City, NJ | 2.0 | 1.0–2.0 | 747 | $3,259 | $4.36 | 1d | 12 | 0.73mi |
| 301 W Side Ave Jersey City, NJ | 3.0 | 1.0–2.0 | 825 | $3,584 | $4.34 | 21d | 18 | 0.77mi |
| 49 Fisk St Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 783 | $3,853 | $4.92 | 64d | 5 | 0.80mi |
| 187 Culver Ave Jersey City, NJ | 1.0–2.0 | 1.0–1.5 | 774 | $3,100 | $4.01 | 4d | 6 | 0.84mi |
| 366 W Side Ave Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 796 | $2,895 | $3.64 | 11d | 2 | 0.92mi |
| 74 Pollock Ave Jersey City, NJ | 2.0 | 1.0–2.0 | 824 | $2,950 | $3.58 | 8d | 6 | 0.95mi |
| 330 Martin Luther King Dr Jersey City, NJ | 1.0 | 1.0 | 574 | $2,600 | $4.53 | 24d | 1 | 0.97mi |
| 330 Martin Luther King Dr Unit 503 Jersey City, NJ | 1.0 | 1.0 | 574 | $2,475 | $4.31 | 21d | 1 | 0.97mi |
| 330 Martin Luther King Dr Unit 402 Jersey City, NJ | 1.0 | 1.0 | 574 | $2,500 | $4.36 | 68d | 1 | 0.97mi |
| 400 Claremont Ave Jersey City, NJ | 1.0 | 1.0 | 535 | $2,695 | $5.03 | 14d | 17 | 0.99mi |
| 33 W 56th St Unit 1 Bayonne, NJ | 1.0 | 1.0 | 700 | $1,628 | $2.33 | 1d | 1 | 1.06mi |
| 38 Randolph Ave Unit 1L Jersey City, NJ | 2.0 | 1.0 | 750 | $1,850 | $2.47 | 3d | 1 | 1.07mi |
| 132 Yale Ave Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 838 | $3,320 | $3.96 | 1d | 7 | 1.11mi |
| 146 Virginia Ave Apt 302 Jersey City, NJ | 1.0 | 1.0 | 655 | $1,795 | $2.74 | 51d | 1 | 1.13mi |
| 111 Mallory Ave Jersey City, NJ | 1.0 | 1.0 | 380 | $1,750 | $4.61 | 74d | 1 | 1.15mi |
| 190 W 54th St Bayonne, NJ | 3.0 | 1.0–2.0 | 1055 | $3,314 | $3.14 | 1d | 10 | 1.16mi |
Property features AI
Finance
- Other
- Personal property excluded from sale
- HOA & community
- Condominium association managed by 305 Cator Ave. Condominium Association Inc.Monthly maintenance fee of $220 (includes water)Management contact available
Exterior
- Parking
- Parking for 1 car
- Utilities
- Water included in maintenance fee
- Home design
- Condominium unit (305 Cator Ave Unit 1B)Lot number 11Located in Jersey City (West Bergen)
- Construction
- Stone construction
- Exterior features
- Stone exterior finishNear train
Interior
- Kitchen
- One kitchen (basement) with microwave, refrigerator, and gas oven/range
- Bedrooms
- 2 bedrooms in the basement
- Bathrooms
- 1 full bathroom (basement)
- Heating & cooling
- Baseboard heatingElectric service
- Interior features
- MicrowaveRefrigeratorGas oven/rangeWasher/dryer room (building common area)Lead paint disclosure on file
- Laundry & utility
- Washer/dryer room available in the building
HOA detail $220/mo · $2,640/yr condo
- Likely covers
- waterparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
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2026-08-05days on market $175,000 Active 35 DOM
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2026-08-04days on market $175,000 Active 34 DOM
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2026-08-03days on market $175,000 Active 33 DOM
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2026-07-31days on market $175,000 Active 30 DOM
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2026-07-30days on market $175,000 Active 28 DOM
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2026-07-28days on market $175,000 Active 27 DOM
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2026-07-26days on market $175,000 Active 25 DOM
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2026-07-24days on market $175,000 Active 23 DOM
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2026-07-23days on market $175,000 Active 22 DOM
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2026-07-22days on market $175,000 Active 21 DOM
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2026-07-21days on market $175,000 Active 20 DOM
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2026-07-20days on market $175,000 Active 19 DOM
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2026-07-18days on market $175,000 Active 17 DOM
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2026-07-18days on market $175,000 Active 16 DOM
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2026-07-16days on market $175,000 Active 15 DOM
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2026-07-15days on market $175,000 Active 14 DOM
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2026-07-14days on market $175,000 Active 13 DOM
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2026-07-13days on market $175,000 Active 12 DOM
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2026-07-13days on market $175,000 Active 11 DOM
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2026-07-11days on market $175,000 Active 10 DOM
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2026-07-10days on market $175,000 Active 9 DOM
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2026-07-09days on market $175,000 Active 8 DOM
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2026-07-07days on market $175,000 Active 6 DOM
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2026-07-06days on market $175,000 Active 5 DOM
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2026-07-06days on market $175,000 Active 4 DOM
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2026-07-05days on market $175,000 Active 3 DOM
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2026-07-03days on market $175,000 Active 2 DOM
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2026-07-01pricedays on market $175,000 Active 1 DOM
Show marketing remark (686 chars)
Beautifully maintained 2-bedroom, 1 full bath condo featuring vinyl plank flooring throughout and generously sized bedrooms. The unit offers a modern open-concept layout, perfect for comfortable living and entertaining. For added convenience, laundry machines are located in the basement.The HOA fee includes water and maintenance of the common areas, making for easy, low-maintenance living. The unit also comes with one assigned parking space.Located in one of Jersey City's most desirable areas, this home is a commuter's dream-just steps from mass transit and within walking distance to the Light Rail. Enjoy the perfect combination of comfort, convenience, and unbeatable location.
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2026-06-30days on market $189,900 Active 28 DOM
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2026-06-29days on market $189,900 Active 27 DOM
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2026-06-28days on market $189,900 Active 26 DOM
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2026-06-27days on market $189,900 Active 25 DOM
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2026-06-26days on market $189,900 Active 24 DOM
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2026-06-24days on market $189,900 Active 22 DOM
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2026-06-22days on market $189,900 Active 20 DOM
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2026-06-21days on market $189,900 Active 19 DOM
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2026-06-18days on market $189,900 Active 16 DOM
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2026-06-17days on market $189,900 Active 15 DOM
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2026-06-16days on market $189,900 Active 14 DOM
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2026-06-15days on market $189,900 Active 13 DOM
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2026-06-13days on market $189,900 Active 11 DOM
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2026-06-13days on market $189,900 Active 10 DOM
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2026-06-09days on market $189,900 Active 7 DOM
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2026-06-08days on market $189,900 Active 6 DOM
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2026-06-07days on market $189,900 Active 5 DOM
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2026-06-04days on market $189,900 Active 2 DOM
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2026-06-02pricedays on market $189,900 Active 1 DOM
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2026-06-01days on market $199,900 Active 68 DOM
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2026-05-31days on market $199,900 Active 67 DOM
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2026-03-25price $199,900
ⓘ 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,716
- − Mortgage interest
- −$9,803
- − Property taxes
- −$2,625
- − Insurance
- −$875
- − Repairs & maintenance
- −$2,057
- − Management
- −$2,057
- − HOA
- −$2,640
- − Depreciation
- −$5,091
- Taxable income
- $568
combined federal + state — saved on this device
- Est. tax owed @ 24.0%
- −$136
- After-tax cash flow
- $3,027/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
80/100
Cosmetic rehab
Est. rehab $3,575–$10,725 screening
This well-maintained 2-bedroom condo is move-in ready with modern updates and a desirable location. Potential buyers and renters will appreciate the updated kitchen and bathrooms, as well as the curb appeal improvements.
Value-add opportunities
- Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both New flooring in bathrooms — Improves functionality and aesthetics ↑
- Both New kitchen appliances — Modernizes the space and adds value ↑
ⓘ 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 33/100
Zoned Schools
Elementary
President Barack Obama Elementary School
F
NJ #1,152/1,303
Nat'l #37,398/41,679
Middle
Academy I
A-
NJ #14/431
Nat'l #970/14,009
High
Henry Snyder High School
F
NJ #369/399
Nat'l #14,801/17,239
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)
- 72,161
- Household income
- $76,527
- Rent vs Own
- Severe rent burden
- 10% 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 0.73)
- Race & ethnicity
- Black 40% Hispanic / Latino 27% Asian 15% Two or more races 13% White 12%
- Hispanic origin (detail)
- Puerto Rican 11% Dominican 9%
- Common ancestry
- Swedish 1% Hispanic 1% Romanian 1%
- Foreign-born
- 33% · Canada, China, Jamaica
- Languages at home
- 58% English-only · Spanish 21% Tagalog/Filipino 7% Arabic 3%
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
- —
Market trends
- HPI YoY
- ▼ -181.89%
- Current HPI
- 299.991
- Rent YoY
- ▲ 1.61%
- Metro
- New York-Newark-Jersey City, NY-NJ-PA
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in NJ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 3 | $31B |
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| Pharmaceuticals | 2 | $153B |
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| Technology | 2 | $21B |
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| Insurance | 2 | $20B |
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| Healthcare | 2 | $19B |
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| Financial Services | 1 | $70B |
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Price history
-12.5% since first listed9 events — show timeline
- 2026-07-01 Listed $175,000 HCMLS
- 2026-07-01 Listed $175,000 GSMLS
- 2026-06-30 Listing Removed — HCMLS
- 2026-06-02 Listed $189,900 HCMLS
- 2026-06-02 Listed $189,900 MOMLS
- 2026-06-01 Listing Removed — HCMLS
- 2026-03-25 Price Changed $199,900 HCMLS
- 2026-03-25 Listed $199,900,000 HCMLS
- 2026-03-25 Listed $199,900 MOMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…