50 RESERVOIR Ave Unit B1 · 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 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
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Rent growth +3.3/5.0
- 1% rule +3.1/10.0
- Cash flow +3.0/30.0
- Schools +2.2/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$349,900
50 RESERVOIR Ave Unit B1 · Jersey City, NJ 07307
2 bd · 1.0 ba · 986 sqft · Condo
· 19 Days on market
$355/sqft
· 43% below area
Est $613k · 43% under
$954/mo HOA · 34% of rent
↓ 6% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Bright, spacious 2 bed / 1 bath in one of Jersey City Heights’ most elegant pre-war condominium buildings. This stylishly renovated apartment features LED lighting, porcelain tile, luxury plank flooring, gorgeous steel columns, and your own private entrance off Webster Avenue. The kitchen includes a sizable pantry, granite countertops, subway tile backsplash & under cabinet lighting. Equipped with a GE dishwasher, refrigerator, stainless-steel gas range and washer/dryer hook-up. Windows in every room fill this unit with natural light. The ceilings are high, and the bedrooms are large - big enough for king sized beds.
Key facts
- Private entrance
- Sizable pantry
- Granite countertops
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 $350k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-1k ($-14k/yr) — negative.
- To cash-flow at today's rent, offer at most $186k (46.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $284k (18.9% below list).
- Recommended offer: $186k (46.8% below list) — sets the bar for cash-flow.
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: Charles E. Trefurt School (math 9% / reading 29%, grade F, #1,030 of 1,303 statewide, top 80%, 648 students, 47% FRL); Franklin L. Williams School (math 14% / reading 34%, grade F, #370 of 431 statewide, top 86%, 854 students, 61% FRL); William L Dickinson High School (math 11% / reading 35%, grade F, #337 of 399 statewide, top 85%, 2,024 students, 59% FRL).
- Market conditions: Rents rising (+3.0%/yr); 410 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 49d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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 41% of the median local income ($83k/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 $2k of loan paydown is wiped out by about $10k 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 19 days — a 2% lower offer ($345k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 3y ago; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 34% 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
$186,218
(46.8% below list)
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?
- 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?
- 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
- 0.81% ✗
- Cap rate
- 2.41%
- Cash-on-cash
- -13.85%
- DSCR
- 0.38
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $612,859
- List price
- $349,900
- Delta
- -42.91%
- 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 |
|---|---|---|---|---|---|---|---|
| 207 OGDEN Ave Unit 1L | 0.29mi | 2/2.0 | 900 (-9%) | 0mo | $525,000 | $583 | 68 |
| 501 ADAMS St Unit 5I | 0.82mi | 2/2.0 | 1,029 (+4%) | 0mo | $910,000 | $884 | 54 |
| 915 MADISON St Unit 5E | 1.00mi | 2/2.0 | 1,055 (+7%) | 0mo | $955,000 | $905 | 49 |
| 321 BLOOMFIELD St #2 | 1.03mi | 2/2.0 | 909 (-8%) | 0mo | $842,000 | $926 | 48 |
| 829 GARDEN St Unit B | 1.20mi | 2/2.0 | 1,077 (+9%) | 0mo | $774,000 | $719 | 45 |
| 1112 PARK Ave Unit 2L | 1.33mi | 2/1.0 | 812 (-18%) | 0mo | $730,000 | $899 | 40 |
| 205 10TH St Unit 3N | 0.84mi | 1/1.0 (-1) | 858 (-13%) | 0mo | $675,000 | $787 | 38 |
| 536 Grand St #401 | 0.87mi | 2/2.0 | 1,175 (+19%) | 0mo | $1,000,000 | $851 | 36 |
| 720 CLINTON St #213 | 1.03mi | 2/2.0 | 1,223 (+24%) | 0mo | $1,829,213 | $1,496 | 36 |
| 387 8TH St Unit 5B | 0.83mi | 2/2.0 | 1,134 (+15%) | 0mo | $1,100,000 | $970 | 36 |
| 402 GRAND St #202 | 0.80mi | 1/1.0 (-1) | 753 (-24%) | 0mo | $455,000 | $604 | 35 |
| 205 PARK Ave #6 | 0.91mi | 1/1.5 (-1) | 770 (-22%) | 0mo | $655,000 | $851 | 33 |
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 · 3.04% rent growth · sell at horizon
5-year hold
- IRR
- -42.0%
- Equity multiple
- -0.31×
- Total profit
- $-128,000
- Equity at exit
- $52,171
10-year hold
- IRR
- -68.1%
- Equity multiple
- -1.05×
- Total profit
- $-201,204
- Equity at exit
- $30,253
Cash invested: $97,972 (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
- 7 active · 16 under contract
- Median asking
- $479,999 ($538/sqft)
- Median days on market
- 40 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +15.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 07307
- Rents YoY
- 3.0%
- Active inventory
- 410
- Price-to-rent
- 10.3×
Monthly cashflow live
↻
- Estimated rent
- $2,837 high interval (Pro) →
- Mortgage (P&I)
- −$1,835
- Tax est. 1.5%
- −$437 /mo · $5,248/yr
- Insurance
- −$146
- HOA
- −$954
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$596
- Net cashflow
- $-1,131
Break-even live
Break-even rent
$4,268
Max offer price
$186,218
Occupancy floor
—
Sensitivity live
| Price | -10% $-889 | -5% $-1,010 | +0% $-1,131 | +5% $-1,252 | +10% $-1,373 |
|---|---|---|---|---|---|
| Rent | -10% $-1,355 | -5% $-1,243 | +0% $-1,131 | +5% $-1,019 | +10% $-907 |
| Rate | -1.0pp $-955 | -0.5pp $-1,042 | base $-1,131 | +0.5pp $-1,222 | +1.0pp $-1,314 |
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
- $87,475
- Closing costs
- $10,497
- 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 |
|---|---|---|---|---|---|---|---|---|
| 50 Reservoir Ave #405 Jersey City, NJ | 1.0 | 1.0 | 535 | $2,150 | $4.02 | 74d | 1 | 0.03mi |
| 61 Reservoir Ave Unit 3 Jersey City, NJ | 3.0 | 2.0 | 1100 | $3,850 | $3.50 | 28d | 1 | 0.05mi |
| 264 Palisade Ave Unit 2A Jersey City, NJ | 1.0 | 1.0 | 750 | $1,995 | $2.66 | 63d | 1 | 0.13mi |
| 264 Palisade Ave Unit 1F Jersey City, NJ | 1.0 | 1.0 | 700 | $1,995 | $2.85 | 74d | 1 | 0.13mi |
| 266 Palisade Ave Unit 1F Jersey City, NJ | 1.0 | 1.0 | 600 | $1,995 | $3.33 | 74d | 1 | 0.13mi |
| 11 Cuneo Pl Unit 2D Jersey City, NJ | 2.0 | 1.0 | 850 | $2,750 | $3.24 | 2d | 1 | 0.13mi |
| 83 Waverly St #1 Jersey City, NJ | 1.0 | 1.0 | 936 | $3,350 | $3.58 | 64d | 1 | 0.14mi |
| 5 Lienau Pl Unit 2F Jersey City, NJ | 2.0 | 1.0 | 900 | $2,450 | $2.72 | 74d | 1 | 0.15mi |
| 5 Lienau Pl Unit 2F Jersey City, NJ | 2.0 | 1.0 | 900 | $2,399 | $2.67 | 70d | 1 | 0.15mi |
| 310 Palisade Ave #9 Jersey City, NJ | 2.0 | 2.0 | 896 | $3,295 | $3.68 | 48d | 1 | 0.15mi |
| 80 Ferry St Unit 2 Jersey City, NJ | 2.0 | 1.0 | 700 | $2,995 | $4.28 | 74d | 1 | 0.16mi |
| 102 Reservoir Ave Unit 2L Jersey City, NJ | 1.0 | 1.0 | 850 | $2,000 | $2.35 | 21d | 1 | 0.16mi |
| 119 Ogden Ave Unit FIRST Jersey City, NJ | 3.0 | 1.0 | 1000 | $3,100 | $3.10 | 74d | 1 | 0.16mi |
| 121 Ogden Ave #2 Jersey City, NJ | 2.0 | 1.0 | 1100 | $3,200 | $2.91 | 74d | 1 | 0.16mi |
| 136 Oakland Ave Unit 3H Jersey City, NJ | 2.0 | 2.0 | 980 | $3,095 | $3.16 | 17d | 1 | 0.17mi |
| 116 Ogden Ave Unit 1A Jersey City, NJ | 1.0 | 1.0 | 642 | $2,600 | $4.05 | 52d | 1 | 0.18mi |
| 200 Central Ave Jersey City, NJ | 1.0–2.0 | 1.5–2.0 | 1000 | $3,300 | $3.30 | 48d | 2 | 0.19mi |
| 200 Central Ave Unit C1 Jersey City, NJ | 2.0 | 2.0 | 1000 | $3,200 | $3.20 | 7d | 1 | 0.19mi |
| 200 Central Ave Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 774 | $3,200 | $4.13 | 13d | 2 | 0.19mi |
| 200 Central Ave Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 1000 | $3,300 | $3.30 | 40d | 2 | 0.19mi |
| 138 Central Ave Unit B Jersey City, NJ | 1.0 | 1.0 | 600 | $1,750 | $2.92 | 8d | 1 | 0.19mi |
| 66 Laidlaw Ave Unit 5P Jersey City, NJ | 2.0 | 2.0 | 1002 | $3,250 | $3.24 | 74d | 1 | 0.19mi |
| 334 Palisade Ave Unit 1470330P Jersey City, NJ | 2.0 | 1.0 | 1097 | $10,802 | $9.85 | 71d | 1 | 0.20mi |
| 212 Palisade Ave Unit 1R Jersey City, NJ | 1.0 | 1.0 | 800 | $1,850 | $2.31 | 28d | 1 | 0.22mi |
| 126 Oakland Ave Unit 1 Jersey City, NJ | 1.0 | 1.0 | 790 | $2,450 | $3.10 | 33d | 1 | 0.22mi |
| 39 New York Ave Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 954 | $4,350 | $4.56 | 2d | 12 | 0.22mi |
| 152 New York Ave Unit 8 Jersey City, NJ | 2.0 | 1.0 | 700 | $2,250 | $3.21 | 4d | 1 | 0.23mi |
| 93 Franklin St Unit 3R Jersey City, NJ | 2.0 | 1.0 | 750 | $2,500 | $3.33 | 34d | 1 | 0.23mi |
| 152 New York Ave Unit 9 Jersey City, NJ | 2.0 | 1.0 | 700 | $2,250 | $3.21 | 38d | 1 | 0.23mi |
| 44 Sherman Ave Jersey City, NJ | 2.0 | 1.0 | 1021 | $3,100 | $3.04 | 60d | 2 | 0.25mi |
| 3 New York Ave Jersey City, NJ | 2.0 | 1.0–2.0 | 941 | $5,500 | $5.84 | 2d | 17 | 0.27mi |
| 69 Beacon Ave Unit 2 Jersey City, NJ | 2.0 | 1.0 | 1100 | $2,500 | $2.27 | 51d | 1 | 0.27mi |
| 172 New York Ave Jersey City, NJ | 2.0 | 1.0 | 800 | $2,900 | $3.62 | 74d | 1 | 0.28mi |
| 115 Hoboken Ave Unit 502 Jersey City, NJ | 1.0 | 1.0 | 811 | $2,990 | $3.69 | 74d | 1 | 0.29mi |
| 115 Hoboken Ave Unit 328 Jersey City, NJ | 2.0 | 2.0 | 1107 | $3,865 | $3.49 | 74d | 1 | 0.29mi |
| 423 Baldwin Ave Unit 1 Jersey City, NJ | 1.0 | 1.0 | 850 | $2,100 | $2.47 | 14d | 1 | 0.29mi |
| 675 Monmouth St Jersey City, NJ | 1.0–2.0 | 1.0–2.0 | 994 | $4,595 | $4.62 | 0d | 27 | 0.30mi |
| 384 Palisade Ave Unit 2R Jersey City, NJ | 2.0 | 1.0 | 875 | $2,700 | $3.09 | 15d | 1 | 0.30mi |
| 45 Hopkins Ave Unit 41 Jersey City, NJ | 2.0 | 1.0 | 650 | $2,250 | $3.46 | 4d | 1 | 0.31mi |
| 13 Cambridge Ave Jersey City, NJ | 2.0 | 1.0 | 1100 | $3,150 | $2.86 | 74d | 1 | 0.31mi |
Property features AI
Finance
- Other
- Lead paint disclosure: Yes
- HOA & community
- Monthly maintenance fee of $954 (2026)Management company: Denali Property Management (888-315-7773)Maintenance covers heat, water, and hot water
Exterior
- Parking
- No parking
- Security
- Intercom
- Utilities
- Water included in maintenanceHot water included in maintenanceHeat included in maintenance
- Home design
- Condo/Co-op (unit B1)Unit located on entry level
- Construction
- Brick construction
- Exterior features
- Brick exteriorNear train, shopping, bus, parks, and schoolsPets allowed
Interior
- Kitchen
- One kitchenIncludes dishwasher, refrigerator, gas oven/range
- Bedrooms
- 2 bedrooms (all on level 1)
- Flooring
- Hardwood flooring
- Bathrooms
- 1 full bath
- Heating & cooling
- Gas heatingHot water heatSteam heatWindow A/C
- Interior features
- IntercomHardwood floorDishwasherRefrigeratorGas oven/range
- Laundry & utility
- Shared washer/dryer room
HOA detail $954/mo · $11,448/yr condo
- Likely covers
- gas
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $349,900 Active 19 DOM
-
2026-08-06days on market $349,900 Active 17 DOM
-
2026-08-05days on market $349,900 Active 16 DOM
-
2026-08-04days on market $349,900 Active 15 DOM
-
2026-08-03days on market $349,900 Active 14 DOM
-
2026-07-31days on market $349,900 Active 11 DOM
-
2026-07-30days on market $349,900 Active 9 DOM
-
2026-07-28days on market $349,900 Active 8 DOM
-
2026-07-26days on market $349,900 Active 6 DOM
-
2026-07-24days on market $349,900 Active 4 DOM
-
2026-07-23days on market $349,900 Active 3 DOM
-
2026-07-22days on market $349,900 Active 2 DOM
-
2026-07-20pricedays on market $349,900 Active 1 DOM
-
2026-07-18days on market $374,900 Active 106 DOM
-
2026-07-18days on market $374,900 Active 105 DOM
-
2026-07-16days on market $374,900 Active 104 DOM
-
2026-07-15days on market $374,900 Active 103 DOM
-
2026-07-14days on market $374,900 Active 102 DOM
-
2026-07-13days on market $374,900 Active 101 DOM
-
2026-07-13days on market $374,900 Active 100 DOM
-
2026-07-11days on market $374,900 Active 99 DOM
-
2026-07-10days on market $374,900 Active 98 DOM
-
2026-07-09days on market $374,900 Active 97 DOM
-
2026-07-07days on market $374,900 Active 95 DOM
-
2026-07-06days on market $374,900 Active 94 DOM
-
2026-07-06days on market $374,900 Active 93 DOM
-
2026-07-05days on market $374,900 Active 92 DOM
-
2026-07-03days on market $374,900 Active 91 DOM
-
2026-07-02days on market $374,900 Active 90 DOM
-
2026-07-01days on market $374,900 Active 89 DOM
-
2026-06-30days on market $374,900 Active 88 DOM
-
2026-06-29days on market $374,900 Active 87 DOM
-
2026-06-28days on market $374,900 Active 86 DOM
-
2026-06-27days on market $374,900 Active 85 DOM
-
2026-06-26days on market $374,900 Active 84 DOM
-
2026-06-24days on market $374,900 Active 82 DOM
-
2026-06-22days on market $374,900 Active 80 DOM
-
2026-06-21days on market $374,900 Active 79 DOM
-
2026-06-18days on market $374,900 Active 76 DOM
-
2026-06-17days on market $374,900 Active 75 DOM
-
2026-06-16days on market $374,900 Active 74 DOM
-
2026-06-15days on market $374,900 Active 73 DOM
-
2026-06-13days on market $374,900 Active 71 DOM
-
2026-06-13days on market $374,900 Active 70 DOM
-
2026-06-09days on market $374,900 Active 67 DOM
-
2026-06-08days on market $374,900 Active 66 DOM
-
2026-06-07days on market $374,900 Active 65 DOM
-
2026-06-04days on market $374,900 Active 62 DOM
-
2026-06-03days on market $374,900 Active 61 DOM
-
2026-06-02days on market $374,900 Active 60 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 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
- $34,039
- − Mortgage interest
- −$19,600
- − Property taxes
- −$5,248
- − Insurance
- −$1,750
- − Repairs & maintenance
- −$2,723
- − Management
- −$2,723
- − HOA
- −$11,448
- − Depreciation
- −$10,179
- Taxable loss
- −$19,632
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$4,712
- After-tax cash flow
- $-8,862/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 · 6 photos
80/100
Cosmetic rehab
Est. rehab $4,930–$14,790 screening
This stylishly renovated 2-bedroom condo in Jersey City Heights is move-in ready with modern finishes and a prime location.
Value-add opportunities
- Both Landscaping the front yard — Enhances curb appeal and adds value for both resale and rental. ↑
- Resale Upgrading the kitchen appliances — Modernizes the kitchen and adds value for resale. ↑
- Both Adding smart home features — Improves convenience and adds value for both resale and rental. ↑
ⓘ 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 22/100
Zoned Schools
Elementary
Charles E. Trefurt School
F
NJ #1,030/1,303
Nat'l #34,564/41,679
Middle
Franklin L. Williams School
F
NJ #370/431
Nat'l #10,795/14,009
High
William L Dickinson High School
F
NJ #337/399
Nat'l #13,542/17,239
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)
- 42,645
- Household income
- $83,297
- Rent vs 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
- Diverse neighborhood (Simpson 0.69)
- Race & ethnicity
- Hispanic / Latino 42% White 27% Asian 24% Two or more races 18% Black 5%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 12% Cuban 2% Dominican 9% Salvadoran 1%
- Common ancestry
- Romanian 2% Scotch-Irish 1%
- Foreign-born
- 43% · Canada, Jamaica, China
- Languages at home
- 41% English-only · Spanish 32% Other Indo-European 16% Other Asian/Pacific 4%
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
- ▼ -271.12%
- Current HPI
- 471.33
- Rent YoY
- ▲ 3.04%
- 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
-6.3% since first listed12 events — show timeline
- 2026-04-03 Listed $374,900 HCMLS
- 2024-03-23 Rental Removed $2,300 HCMLS
- 2024-03-14 Listed for Rent $2,300 HCMLS
- 2023-12-14 Listing Removed — HCMLS
- 2023-12-13 Relisted — HCMLS
- 2023-12-06 Pending — HCMLS
- 2023-11-11 Price Changed $329,900 HCMLS
- 2023-09-27 Price Changed $339,900 HCMLS
- 2023-08-29 Relisted — HCMLS
- 2023-08-16 Price Changed $349,900 HCMLS
- 2023-06-13 Price Changed $374,900 HCMLS
- 2023-05-11 Listed $399,900 HCMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…