🏢 Co-op
6040 BLVD E Unit 34J · West New York, 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 2/10 · Minimal
- Est. fire insurance / yr
- $526 – $976
Heat risk 6/10 · Moderate
- Hot days now (above 99°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 F 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
- 1% rule +6.2/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Rent growth +3.2/5.0
- Schools +2.4/10.0
- Cash flow +0.0/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$289,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this well-maintained penthouse 1-bedroom co-op in the prestigious Riviera Towers, offering unmatched panoramic-north views of New Jersey and up to the George Washington Bridge. Set up high on the 34th floor, this spacious unit features large windows that flood the living space with natural light. Riviera Towers is a full-service building with 24-hour doorman, fitness center, outdoor swimming pool & much more. Commuting is effortless with easy access to NYC via NJ Transit bus. Maintenance TOTAL including taxes, basic utilities & reserves is ($1,598.40) + a capital repair assessment that runs until Oct. 2026 ($746.40) is $2,344.80. Cable & Internet is available at an additional $38.00 per month. An all cash purchase requires a minimum income of $85,000/year. Subject to board approval: Min 10% down, 3-to-1 Income-to-Debt Ratio.
Key facts
- Fitness center
- Easy access to nyc
- $2,383 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $289k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-2k ($-22k/yr) — negative.
- To cash-flow at today's rent, offer at most $26k (91.1% below list).
- Meets the 1% rule at list price ($3k rent vs $289k).
- Recommended offer: $26k (91.1% below list) — sets the bar for cash-flow.
- Cap rate -1.3% vs local median 1.7% in West New York — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 77/100 on livability (#119 in NJ, #3,034 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: cost of living F.
- West New York Board Of Education (suburban): math 10% / reading 34% proficiency, ranked #420 of 472 in NJ (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Public School Number Two (math 11% / reading 28%, grade F, #1,012 of 1,303 statewide, top 79%, 595 students, 76% FRL); West New York Middle School (math 8% / reading 41%, grade F, #365 of 431 statewide, top 86%, 1,096 students, 87% FRL); Memorial High School (math 15% / reading 43%, grade F, #298 of 399 statewide, top 75%, 2,251 students, 80% FRL).
- Market conditions: Rents rising (+2.7%/yr); 354 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 40d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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 $3,241/mo this rent would consume 53% of the median local household income ($73k/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 $9k 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 83 days — a 6% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
- 2 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
- Watch-outs: HOA is 74% 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.
Questions for the listing agent
- 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?
- It's been on market 83 days. Have you received any prior offers? Is the seller open to a 91% 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 1.12% ✓
- Cap rate
- -1.26%
- Cash-on-cash
- -26.98%
- DSCR
- -0.20
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $352,294
- List price
- $289,000
- Delta
- -17.97%
- 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 |
|---|---|---|---|---|---|---|---|
| 26 AVENUE AT PORT IMPERIAL #221 | 0.32mi | 2/2.0 (+1) | 1,043 (-9%) | 1mo | $725,000 | $695 | 60 |
| 20 AVENUE AT PORT IMPERIAL #113 | 0.19mi | 2/2.0 (+1) | 1,348 (+17%) | 0mo | $950,000 | $705 | 57 |
| 800 AVENUE AT PORT IMPERIAL #416 | 0.70mi | 1/1.0 | 1,039 (-10%) | 1mo | $770,000 | $741 | 51 |
| 7020 ADAMS St | 0.98mi | 2/2.0 (+1) | 1,116 (-3%) | 1mo | $552,500 | $495 | 50 |
| 7002 BLVD E Unit 20E | 0.53mi | 1/1.0 | 875 (-24%) | 1mo | $355,000 | $406 | 50 |
| 7002 BLVD E Unit 6D | 0.51mi | 1/1.5 | 979 (-15%) | 1mo | $285,000 | $291 | 49 |
| 800 AVENUE AT PORT IMPERIAL #813 | 0.70mi | 1/1.0 | 894 (-22%) | 1mo | $720,000 | $805 | 41 |
| 3312 HUDSON Ave Unit 6E | 1.39mi | 1/1.5 | 912 (-21%) | 1mo | $515,000 | $565 | 37 |
| 8100 RIVER Rd #209 | 1.13mi | 2/2.0 (+1) | 1,298 (+13%) | 1mo | $705,000 | $543 | 34 |
| 800 AVENUE AT PORT IMPERIAL #508 | 0.70mi | 2/2.0 (+1) | 973 (-15%) | 0mo | $810,000 | $832 | 33 |
| 8200C BULLS FERRY Rd #10 | 1.16mi | 2/2.0 (+1) | 1,400 (+22%) | 0mo | $580,000 | $414 | 31 |
| 135 38TH St #606 | 1.16mi | 2/2.0 (+1) | 964 (-16%) | 1mo | $525,000 | $545 | 30 |
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 · 2.71% rent growth · sell at horizon
- IRR
- -77.8%
- Equity multiple
- -1.00×
- Total profit
- $-162,142
- Equity at exit
- $43,091
- IRR
- —
- Equity multiple
- -2.56×
- Total profit
- $-288,106
- Equity at exit
- $24,987
Cash invested: $80,920 (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
Active competition Active MLS
- For sale now
- 6 active · 5 under contract
- Median asking
- $464,500 ($416/sqft)
- Median days on market
- 61 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -26.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 07093
- Home prices YoY
- -7.6%
- Rents YoY
- 2.7%
- Active inventory
- 354
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $3,241 high interval (Pro) →
- Mortgage (P&I)
- −$1,516
- Tax est. 1.5%
- −$361 /mo · $4,335/yr
- Insurance
- −$120
- HOA
- −$2,383
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$681
- Net cashflow
- $-1,819
Break-even live
Sensitivity live
| Price | -10% $-1,620 | -5% $-1,720 | +0% $-1,819 | +5% $-1,919 | +10% $-2,019 |
|---|---|---|---|---|---|
| Rent | -10% $-2,076 | -5% $-1,947 | +0% $-1,819 | +5% $-1,691 | +10% $-1,563 |
| Rate | -1.0pp $-1,674 | -0.5pp $-1,746 | base $-1,819 | +0.5pp $-1,894 | +1.0pp $-1,971 |
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
- $72,250
- Closing costs
- $8,670
- 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 |
|---|---|---|---|---|---|---|---|---|
| 6040 E Boulevard Unit 3F West New York, NJ | 1.0 | 1.0 | 850 | $3,050 | $3.59 | 73d | 1 | 0.01mi |
| 6040 JFK Blvd E Unit 14F West New York, NJ | 1.0 | 1.0 | 850 | $2,300 | $2.71 | 28d | 1 | 0.01mi |
| 6040 JFK Blvd E Unit 30B West New York, NJ | 1.0 | 1.0 | 1100 | $2,850 | $2.59 | 4d | 1 | 0.01mi |
| 6040 JFK Blvd E Unit 19B West New York, NJ | 1.0 | 1.0 | 1000 | $2,850 | $2.85 | 73d | 1 | 0.01mi |
| 6050 Kennedy Blvd E West New York, NJ | 1.0–2.0 | 1.0–2.0 | 1212 | $2,875 | $2.37 | 56d | 2 | 0.04mi |
| 6045 JFK Blvd E Unit D9 West New York, NJ | 2.0 | 1.0 | 750 | $2,600 | $3.47 | 2d | 1 | 0.05mi |
| 6045 JFK Blvd E Unit E4 West New York, NJ | 2.0 | 1.0 | 790 | $2,750 | $3.48 | 31d | 1 | 0.05mi |
| 6050 Kennedy Blvd E Unit 19C West New York, NJ | 2.0 | 2.0 | 1450 | $4,750 | $3.28 | 39d | 1 | 0.07mi |
| 6050 Kennedy Blvd E Unit 16E West New York, NJ | 1.0 | 1.0 | 975 | $2,875 | $2.95 | 0d | 1 | 0.07mi |
| 6025 JFK Blvd E Unit 503 West New York, NJ | 1.0 | 1.0 | 918 | $2,900 | $3.16 | 42d | 1 | 0.08mi |
| 6025 JFK Blvd E Unit 610 West New York, NJ | 1.0 | 2.0 | 915 | $3,750 | $4.10 | 56d | 1 | 0.08mi |
| 6025 JFK Blvd E Unit 407 West New York, NJ | 2.0 | 1.0 | 988 | $3,450 | $3.49 | 56d | 1 | 0.08mi |
| 6025 JFK Blvd E Unit 608 West New York, NJ | 1.0 | 2.0 | 861 | $3,400 | $3.95 | 9d | 1 | 0.08mi |
| 6025 JFK Blvd E Unit 609 West New York, NJ | 1.0 | 2.0 | 834 | $3,300 | $3.96 | 3d | 1 | 0.08mi |
| 55 Riverwalk Pl West New York, NJ | 3.0 | 1.0–2.0 | 1007 | $3,549 | $3.52 | 0d | 23 | 0.14mi |
| 17 Avenue at Port Imperial Unit 529 West New York, NJ | 1.0 | 1.0 | 767 | $3,915 | $5.10 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 843 West New York, NJ | 1.0 | 1.0 | 709 | $3,892 | $5.49 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 1025 West New York, NJ | 1.0 | 1.0 | 767 | $3,950 | $5.15 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 642 West New York, NJ | 2.0 | 2.0 | 1080 | $4,956 | $4.59 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 911 West New York, NJ | 1.0 | 1.0 | 709 | $3,947 | $5.57 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 347 West New York, NJ | 1.0 | 1.0 | 884 | $3,785 | $4.28 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 825 West New York, NJ | — | 1.0 | 767 | $3,940 | $5.14 | 73d | 1 | 0.14mi |
| 17 Avenue at Port Imperial Unit 513 West New York, NJ | 2.0 | 2.0 | 1080 | $4,841 | $4.48 | 73d | 1 | 0.14mi |
| 6035 Park Ave West New York, NJ | 1.0–2.0 | 1.0–2.0 | 864 | $2,360 | $2.73 | 4d | 11 | 0.15mi |
| 9 Ave At Port Imperial West New York, NJ | 1.0–2.0 | 1.0–2.0 | 654 | $2,570 | $3.93 | 3d | 2 | 0.15mi |
| 17 Ave At Port Imperial West New York, NJ | 3.0 | 1.0–2.0 | 1075 | $5,053 | $4.70 | 2d | 15 | 0.15mi |
| 6119 Park Ave Apt E2 West New York, NJ | 2.0 | 1.0 | 800 | $2,100 | $2.62 | 15d | 1 | 0.18mi |
| 6119 Park Ave Apt B4 West New York, NJ | 2.0 | 1.0 | 750 | $2,150 | $2.87 | 28d | 1 | 0.18mi |
| 11 Ave At Port Imperial West New York, NJ | 3.0 | 1.0–2.0 | 1045 | $6,916 | $6.62 | 29d | 1 | 0.18mi |
| 11 Ave At Port Imperial West New York, NJ | 1.0–3.0 | 1.0–2.0 | 1188 | $3,250 | $2.73 | 0d | 13 | 0.18mi |
| 9 Avenue at Port Imperial Unit 823x West New York, NJ | 2.0 | 2.0 | 1194 | $5,200 | $4.36 | 69d | 1 | 0.19mi |
| 6209 JFK Blvd E Unit 3AN West New York, NJ | 2.0 | 1.0 | 1000 | $2,300 | $2.30 | 66d | 1 | 0.20mi |
| 20 Ave At Port Imperial #236 West New York, NJ | 1.0 | 1.0 | 849 | $3,600 | $4.24 | 48d | 1 | 0.20mi |
| 22 Ave At Port Imperial #311 West New York, NJ | 2.0 | 2.0 | 1280 | $4,400 | $3.44 | 73d | 1 | 0.22mi |
| 22 Ave At Port Imperial #413 West New York, NJ | 1.0 | 1.0 | 953 | $3,950 | $4.14 | 73d | 1 | 0.22mi |
| 22 Ave At Port Imperial #321 West New York, NJ | 2.0 | 2.0 | 1386 | $4,600 | $3.32 | 18d | 1 | 0.22mi |
| 20 Ave At Port Imperial #237 West New York, NJ | 2.0 | 2.0 | 1293 | $4,500 | $3.48 | 13d | 1 | 0.23mi |
| 6305 Kennedy Blvd E West New York, NJ | 2.0 | 1.0 | 830 | $2,650 | $3.19 | 4d | 3 | 0.23mi |
| 5601 JFK Blvd E West New York, NJ | 1.0–2.0 | 1.0 | 750 | $2,550 | $3.40 | 4d | 2 | 0.24mi |
| 4 Ave at Port Imperial West New York, NJ | 1.0–3.0 | 1.0–2.0 | 1110 | $2,678 | $2.41 | 0d | 13 | 0.25mi |
Property features AI
Finance
- Other
- Complex name: Riviera TowersArea: West New York
- Financial info
- Monthly maintenance fee listed for 2026
- HOA & community
- Managed by Riviera Towers CorpMonthly maintenance fee includes taxes, heat, water, gas, electric, hot water, and air conditioning
Exterior
- Parking
- No parking
- Security
- Doorman
- Utilities
- Water included in maintenanceGas included in maintenanceElectric included in maintenanceHot water included in maintenance
- Home design
- Condominium (Riviera Towers)Unit in multi-story buildingUnit faces Boulevard East / between Boulevard East and 60th
- Construction
- Lead paint disclosure: Yes
- Exterior features
- Near bus serviceNear parksTerrace
Interior
- Kitchen
- DishwasherMicrowaveRefrigeratorGas oven/range
- Bedrooms
- 1 bedroom
- Flooring
- Hardwood floor
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Hot air heatingWall air conditioningElectric service
- Interior features
- DishwasherMicrowaveRefrigeratorGas oven/rangeHardwood floorTerrace
HOA detail $2,383/mo · $28,596/yr condo
- Likely covers
- internetcablepoolgymdoorman
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $289,000 Active 83 DOM
-
2026-08-06days on market $289,000 Active 81 DOM
-
2026-08-05days on market $289,000 Active 80 DOM
-
2026-08-04days on market $289,000 Active 79 DOM
-
2026-08-03days on market $289,000 Active 78 DOM
-
2026-07-31days on market $289,000 Active 75 DOM
-
2026-07-30days on market $289,000 Active 73 DOM
-
2026-07-28days on market $289,000 Active 72 DOM
-
2026-07-26days on market $289,000 Active 70 DOM
-
2026-07-24days on market $289,000 Active 68 DOM
-
2026-07-23days on market $289,000 Active 67 DOM
-
2026-07-22days on market $289,000 Active 66 DOM
-
2026-07-21days on market $289,000 Active 65 DOM
-
2026-07-20days on market $289,000 Active 64 DOM
-
2026-07-18days on market $289,000 Active 62 DOM
-
2026-07-18days on market $289,000 Active 61 DOM
-
2026-07-16days on market $289,000 Active 60 DOM
-
2026-07-15days on market $289,000 Active 59 DOM
-
2026-07-14days on market $289,000 Active 58 DOM
-
2026-07-13days on market $289,000 Active 57 DOM
-
2026-07-13days on market $289,000 Active 56 DOM
-
2026-07-11days on market $289,000 Active 55 DOM
-
2026-07-10days on market $289,000 Active 54 DOM
-
2026-07-09days on market $289,000 Active 53 DOM
-
2026-07-07days on market $289,000 Active 51 DOM
-
2026-07-06days on market $289,000 Active 50 DOM
-
2026-07-06days on market $289,000 Active 49 DOM
-
2026-07-05days on market $289,000 Active 48 DOM
-
2026-07-03days on market $289,000 Active 47 DOM
-
2026-07-02days on market $289,000 Active 46 DOM
-
2026-07-01days on market $289,000 Active 45 DOM
-
2026-06-30days on market $289,000 Active 44 DOM
-
2026-06-29days on market $289,000 Active 43 DOM
-
2026-06-28days on market $289,000 Active 42 DOM
-
2026-06-27days on market $289,000 Active 41 DOM
-
2026-06-26days on market $289,000 Active 40 DOM
-
2026-06-24days on market $289,000 Active 38 DOM
-
2026-06-22days on market $289,000 Active 36 DOM
-
2026-06-21days on market $289,000 Active 35 DOM
-
2026-06-18days on market $289,000 Active 32 DOM
-
2026-06-17days on market $289,000 Active 31 DOM
-
2026-06-16days on market $289,000 Active 30 DOM
-
2026-06-15days on market $289,000 Active 29 DOM
-
2026-06-13days on market $289,000 Active 27 DOM
-
2026-06-13days on market $289,000 Active 26 DOM
-
2026-06-09days on market $289,000 Active 23 DOM
-
2026-06-08days on market $289,000 Active 22 DOM
-
2026-06-07days on market $289,000 Active 21 DOM
-
2026-06-04days on market $289,000 Active 18 DOM
-
2026-06-03days on market $289,000 Active 17 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 6/10 Major 7 d/yr ≥99°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
- $38,898
- − Mortgage interest
- −$16,188
- − Property taxes
- −$4,335
- − Insurance
- −$1,445
- − Repairs & maintenance
- −$3,112
- − Management
- −$3,112
- − HOA
- −$28,596
- − Depreciation
- −$8,407
- Taxable loss
- −$26,298
- Est. tax savings @ 24.0%
- +$6,311
- After-tax cash flow
- $-15,522/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
This well-maintained penthouse in Riviera Towers offers a good condition with modern amenities and city views.
Value-add opportunities
- Both landscaping — enhances curb appeal and resale value ↑
- Both furniture — improves rental appeal ↑
- Both smart home integration — 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.
Zoned Schools
Schools (NCES district)
- District
- West New York Board Of Education
- NCES district ID
- 3417580
- Math proficiency
- 10% ▼ -19.00%
- Reading proficiency
- 34% ▼ -9.00%
- Median HH income
- $46,745
- Composite
- 19.16/100
- National rank
- #8824
- State rank
- #420 of 472 in NJ
Livability — West New York
- Score
- 77/100
- State rank
- #119
- US rank
- #3034
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West New York, NJ
- County
- Hudson County · 771,834 people
- City population
- 63,758
- Metro
- New York-Newark-Jersey City, NY-NJ-PA
- Population (ZIP)
- 63,758
- Household income
- $73,174
- Rent vs 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 (75%)
- Race & ethnicity
- Hispanic / Latino 75% Two or more races 27% White 15% Asian 7% Black 2% Native American 2%
- Hispanic origin (detail)
- Mexican 6% Puerto Rican 4% Cuban 12% Dominican 15%
- Common ancestry
- Romanian 1% Scotch-Irish 1% Lithuanian 1%
- Foreign-born
- 58% · Canada, Jamaica, China
- Languages at home
- 22% English-only · Spanish 67% Other Indo-European 2% Chinese 2%
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
- ▼ -29.80%
- Current HPI
- 364.4128
- Rent YoY
- ▲ 2.71%
- 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
+0.0% since first listed2 events — show timeline
- 2026-05-17 Listed $289,000 NJMLS
- 2026-05-17 Listed $289,000 HCMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…