689 LUIS M MARIN Blvd Unit 704X · Jersey City, NJ
Flood risk 7/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.74%
- Est. flood insurance / yr
- $1,737 – $8,500
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
- 7 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +4.3/10.0
- Schools +4.0/10.0
- Condition / age +4.0/5.0
- Cash flow +3.9/30.0
- Livability +3.9/5.0
- Rent growth +3.4/5.0
- 1% rule +3.3/10.0
- DSCR +0.0/10.0
$439,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Financing incentive available! Qualified buyers may be eligible for a 2-1 mortgage rate buydown, which can help reduce monthly mortgage payments during the first two years of the loan. Eligibility and lender approval apply. Contact your buyer's agent or the listing agent for additional details. Welcome to Zephyr Lofts, perfectly positioned on the border of Hoboken and Jersey City, offering convenient access to both the Hoboken PATH and Newport PATH for an easy NYC commute. Feeling priced out of Hoboken? This is the perfect opportunity to enjoy the same lifestyle, while gaining significantly more square footage and amenities for your money.
Key facts
- Custom cabinetry
- Newport path access
- Hoboken path access
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $439k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-2k ($-20k/yr) — negative.
- To cash-flow at today's rent, offer at most $197k (55.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $365k (17.0% below list).
- Recommended offer: $197k (55.1% below list) — sets the bar for cash-flow.
- Cap rate 2.9% vs local median 2.1% in Jersey City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#116 in NJ, #2,955 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
- Jersey City Public Schools (urban): math 16% / reading 38% proficiency, ranked #369 of 472 in NJ (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Rafael Cordero Y Molina (math 13% / reading 44%, grade F, #774 of 1,303 statewide, top 60%, 735 students, 39% FRL); Academy I (math 60% / reading 76%, grade A-, #14 of 431 statewide, top 3%, 403 students, 46% FRL); James J Ferris High School (math 8% / reading 36%, grade F, #346 of 399 statewide, top 88%, 1,348 students, 59% FRL) — zoned schools average 48% FRL vs 69% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 40% at this address vs 27% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Jersey City Public Schools average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising (+3.5%/yr); 94 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 52d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 5,310 units permitted in Hudson County in 2024 (4,154 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-1.4%/yr); year-one equity from $3k of loan paydown is wiped out by about $6k 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 85 days — a 6% lower offer ($413k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 30% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 85 days. Have you received any prior offers? Is the seller open to a 55% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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 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
- 0.83% ✗
- Cap rate
- 2.89%
- Cash-on-cash
- -12.15%
- DSCR
- 0.46
- GRM
- 10.0
CMA / ARV
- ARV (median comp)
- $580,349
- List price
- $439,000
- Delta
- -24.36%
- 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 |
|---|---|---|---|---|---|---|---|
| 450 1ST St #4 | 0.20mi | 1/1.0 | 735 (-13%) | 0mo | $585,000 | $796 | 68 |
| 205 PARK Ave #6 | 0.40mi | 1/1.5 | 770 (-9%) | 0mo | $655,000 | $851 | 64 |
| 258 BARROW St Unit 2C | 1.33mi | 1/1.0 | 840 (-1%) | 0mo | $545,000 | $649 | 63 |
| 88 MORGAN St #1008 | 1.12mi | 1/1.0 | 837 (-1%) | 0mo | $685,000 | $818 | 62 |
| 1425 HUDSON St Unit 10H | 1.45mi | 1/1.0 | 833 (-2%) | 0mo | $878,000 | $1,054 | 62 |
| 402 GRAND St #202 | 0.48mi | 1/1.0 | 753 (-11%) | 0mo | $455,000 | $604 | 58 |
| 207 OGDEN Ave Unit 1L | 0.49mi | 2/2.0 (+1) | 900 (+6%) | 0mo | $525,000 | $583 | 58 |
| 321 BLOOMFIELD St #2 | 0.55mi | 2/2.0 (+1) | 909 (+7%) | 0mo | $842,000 | $926 | 54 |
| 1112 PARK Ave Unit 2L | 1.14mi | 2/1.0 (+1) | 812 (-4%) | 0mo | $730,000 | $899 | 52 |
| 1400 HUDSON St #414 | 1.42mi | 1/1.0 | 775 (-9%) | 0mo | $865,000 | $1,116 | 50 |
| 501 ADAMS St Unit 5I | 0.55mi | 2/2.0 (+1) | 1,029 (+21%) | 0mo | $910,000 | $884 | 40 |
| 915 MADISON St Unit 5E | 0.92mi | 2/2.0 (+1) | 1,055 (+24%) | 0mo | $955,000 | $905 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-1.37% appreciation · 3.47% rent growth · sell at horizon
- IRR
- -29.4%
- Equity multiple
- -0.17×
- Total profit
- $-144,020
- Equity at exit
- $98,234
- IRR
- -23.1%
- Equity multiple
- -0.81×
- Total profit
- $-222,863
- Equity at exit
- $96,699
Cash invested: $122,920 (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
Active competition Active MLS
- For sale now
- 7 active · 15 under contract
- Median asking
- $759,000 ($972/sqft)
- Median days on market
- 61 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -29.7% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 07310
- Home prices YoY
- -0.4%
- Rents YoY
- 3.5%
- Active inventory
- 94
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $3,645 high interval (Pro) →
- Mortgage (P&I)
- −$2,302
- Tax est. 1.5%
- −$549 /mo · $6,585/yr
- Insurance
- −$183
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$1,090
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$765
- Net cashflow
- $-1,671
Break-even live
Sensitivity live
| Price | -10% $-1,367 | -5% $-1,519 | +0% $-1,671 | +5% $-1,822 | +10% $-1,974 |
|---|---|---|---|---|---|
| Rent | -10% $-1,959 | -5% $-1,815 | +0% $-1,671 | +5% $-1,527 | +10% $-1,383 |
| Rate | -1.0pp $-1,450 | -0.5pp $-1,559 | base $-1,671 | +0.5pp $-1,785 | +1.0pp $-1,900 |
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
- $109,750
- Closing costs
- $13,170
- 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 |
|---|---|---|---|---|---|---|---|---|
| 689 Luis Munoz Marin Blvd Jersey City, NJ | 1.0–2.0 | 1.0 | 968 | $3,200 | $3.31 | 3d | 2 | 0.00mi |
| 689 Luis Munoz Marin Blvd #407 Jersey City, NJ | 2.0 | 1.0 | 1087 | $3,800 | $3.50 | 0d | 1 | 0.00mi |
| 551 Observer Hwy Hoboken, NJ | 1.0–2.0 | 1.0–2.0 | 953 | $3,400 | $3.57 | 28d | 2 | 0.09mi |
| 63 Jefferson St #4 Hoboken, NJ | 1.0 | 1.0 | 603 | $2,800 | $4.64 | 24d | 1 | 0.10mi |
| 551 Observer Hwy Unit 4C Hoboken, NJ | 2.0 | 2.0 | 1100 | $4,300 | $3.91 | 25d | 1 | 0.11mi |
| 610 Newark St Hoboken, NJ | 2.0 | 2.0 | 955 | $4,300 | $4.50 | 66d | 2 | 0.13mi |
| 610 Newark St Hoboken, NJ | 2.0 | 2.0 | 1145 | $4,300 | $3.76 | 21d | 2 | 0.13mi |
| 84 Adams St Unit 5C Hoboken, NJ | 1.0 | 2.0 | 877 | $4,250 | $4.85 | 56d | 1 | 0.15mi |
| 38 Jackson St #515 Hoboken, NJ | 1.0 | 1.0 | 791 | $4,700 | $5.94 | 51d | 1 | 0.18mi |
| 38 Jackson St #315 Hoboken, NJ | 1.0 | 1.0 | 791 | $4,700 | $5.94 | 73d | 1 | 0.18mi |
| 38 Jackson St #315 Hoboken, NJ | 1.0 | 1.0 | 791 | $4,500 | $5.69 | 51d | 1 | 0.18mi |
| 92 Madison St Unit 2B Hoboken, NJ | 2.0 | 2.0 | 1011 | $4,500 | $4.45 | 66d | 1 | 0.19mi |
| 84 Monroe St Hoboken, NJ | 2.0 | 1.0 | 831 | $4,000 | $4.81 | 68d | 1 | 0.19mi |
| 367 1st St #2 Hoboken, NJ | 1.0 | 1.0 | 650 | $3,350 | $5.15 | 53d | 1 | 0.21mi |
| 603 1st St #3 Hoboken, NJ | 2.0 | 1.0 | 800 | $2,800 | $3.50 | 71d | 1 | 0.22mi |
| 360 1st St #3 Hoboken, NJ | 1.0 | 1.0 | 660 | $3,350 | $5.08 | 71d | 1 | 0.23mi |
| 360 1st St #3 Hoboken, NJ | 1.0 | 1.0 | 660 | $3,350 | $5.08 | 56d | 1 | 0.23mi |
| 300 Newark St Unit 8M Hoboken, NJ | 1.0 | 1.0 | 635 | $3,200 | $5.04 | 23d | 1 | 0.23mi |
| 107 Monroe St Unit 3 Hoboken, NJ | 1.0 | 1.0 | 700 | $2,700 | $3.86 | 32d | 1 | 0.24mi |
| 606 1st St #8 Hoboken, NJ | 1.0 | 1.0 | 630 | $2,800 | $4.44 | 73d | 1 | 0.24mi |
| 166 15th St #4 Jersey City, NJ | 2.0 | 1.0 | 900 | $1,890 | $2.10 | 63d | 1 | 0.26mi |
| 68 Park Ave #8 Hoboken, NJ | 1.0 | 1.0 | 700 | $3,300 | $4.71 | 55d | 1 | 0.26mi |
| 70 Park Ave Apt 3 Hoboken, NJ | 2.0 | 1.0 | 700 | $3,500 | $5.00 | 25d | 1 | 0.26mi |
| 120 Monroe St Unit 3R Hoboken, NJ | 1.0 | 1.0 | 573 | $2,350 | $4.10 | 56d | 1 | 0.28mi |
| 120 Monroe St Unit 3L Hoboken, NJ | 1.0 | 1.0 | 600 | $3,200 | $5.33 | 34d | 1 | 0.28mi |
| 131 Madison St Unit 1L Hoboken, NJ | 1.0 | 1.0 | 610 | $2,750 | $4.51 | 63d | 1 | 0.28mi |
| 131 Madison St Unit 4L Hoboken, NJ | 1.0 | 1.0 | 650 | $3,000 | $4.62 | 48d | 1 | 0.28mi |
| 118 Clinton St Unit 2 Hoboken, NJ | 2.0 | 1.0 | 880 | $3,600 | $4.09 | 55d | 1 | 0.28mi |
| 132 Adams St #2 Hoboken, NJ | 1.0 | 1.0 | 533 | $2,900 | $5.44 | 51d | 1 | 0.28mi |
| 77 Park Ave Hoboken, NJ | 3.0 | 1.0–2.5 | 1097 | $4,436 | $4.04 | 0d | 12 | 0.28mi |
| 600 Grove St Unit 2 Jersey City, NJ | 1.0 | 1.0 | 700 | $1,550 | $2.21 | 3d | 1 | 0.29mi |
| 51 Garden St Hoboken, NJ | 1.0–3.0 | 1.0–2.0 | 848 | $3,650 | $4.30 | 3d | 9 | 0.32mi |
| 211 Adams St #5 Hoboken, NJ | 1.0 | 1.0 | 649 | $3,100 | $4.78 | 24d | 1 | 0.32mi |
| 71 Garden St Unit 02 Hoboken, NJ | 1.0 | 1.0 | 680 | $3,400 | $5.00 | 73d | 1 | 0.33mi |
| 700 1st St Unit 10T Hoboken, NJ | 2.0 | 2.0 | 1019 | $4,125 | $4.05 | 73d | 1 | 0.33mi |
| 700 1st St Unit 10T Hoboken, NJ | 2.0 | 2.0 | 1019 | $4,100 | $4.02 | 67d | 1 | 0.33mi |
| 218 Madison St Unit 2FS Hoboken, NJ | 1.0 | 1.0 | 738 | $3,650 | $4.95 | 70d | 1 | 0.34mi |
| 300 Coles St Jersey City, NJ | 3.0 | 1.0–3.0 | 1317 | $4,667 | $3.54 | 0d | 22 | 0.34mi |
| 650 2nd St Unit 4G Hoboken, NJ | 1.0 | 1.0 | 817 | $3,700 | $4.53 | 14d | 1 | 0.35mi |
| 650 2nd St Unit 4G Hoboken, NJ | 1.0 | 1.0 | 817 | $3,800 | $4.65 | 28d | 1 | 0.35mi |
Property features AI
Finance
- Other
- Unit is one of multiple in the building (Lot #5)Inclusions: all major appliances, fixtures and window treatmentsExclusions: all personal and staging property
- HOA & community
- Managed by Denali Property ManagementMonthly maintenance fee of $1,090 (water included)Building amenities: doorman, elevator, exercise room, storage
Exterior
- Parking
- Other (see remarks)
- Security
- Doorman
- Utilities
- Water included in maintenance
- Home design
- Brick exterior
- Construction
- Brick exterior finishLead paint disclosure on file
- Exterior features
- Shared backyardNear train, bus, PATH, shopping, parks and schoolsNew York viewPets allowedAll major appliances, fixtures and window treatments included
Interior
- Kitchen
- Includes electric oven/range, dishwasher, microwave, refrigerator, disposal
- Bedrooms
- 1 bedroom on level 1
- Bathrooms
- 1 full bathroom (level 1)
- Heating & cooling
- Central A/C
- Interior features
- DishwasherDisposalMicrowaveRefrigeratorWasher/DryerElectric oven/rangeCentral A/C
- Laundry & utility
- Washer/Dryer included
HOA detail $1,090/mo · $13,080/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-08days on market $439,000 Active 85 DOM
-
2026-08-06days on market $439,000 Active 83 DOM
-
2026-08-05days on market $439,000 Active 82 DOM
-
2026-08-04days on market $439,000 Active 81 DOM
-
2026-08-03days on market $439,000 Active 80 DOM
-
2026-07-31days on market $439,000 Active 77 DOM
-
2026-07-28days on market $439,000 Active 74 DOM
-
2026-07-26days on market $439,000 Active 72 DOM
-
2026-07-24days on market $439,000 Active 70 DOM
-
2026-07-23days on market $439,000 Active 69 DOM
-
2026-07-22days on market $439,000 Active 68 DOM
-
2026-07-21days on market $439,000 Active 67 DOM
-
2026-07-20days on market $439,000 Active 66 DOM
-
2026-07-18days on market $439,000 Active 64 DOM
-
2026-07-18days on market $439,000 Active 63 DOM
-
2026-07-16days on market $439,000 Active 62 DOM
-
2026-07-15days on market $439,000 Active 61 DOM
-
2026-07-14days on market $439,000 Active 60 DOM
-
2026-07-13days on market $439,000 Active 59 DOM
-
2026-07-13days on market $439,000 Active 58 DOM
-
2026-07-11days on market $439,000 Active 57 DOM
-
2026-07-10days on market $439,000 Active 56 DOM
-
2026-07-10price $439,000 Active 55 DOM
-
2026-07-09days on market $469,000 Active 55 DOM
-
2026-07-07days on market $469,000 Active 53 DOM
-
2026-07-06days on market $469,000 Active 52 DOM
-
2026-07-06days on market $469,000 Active 51 DOM
-
2026-07-05days on market $469,000 Active 50 DOM
-
2026-07-03days on market $469,000 Active 49 DOM
-
2026-07-02days on market $469,000 Active 48 DOM
-
2026-07-01days on market $469,000 Active 47 DOM
-
2026-06-30days on market $469,000 Active 46 DOM
-
2026-06-29days on market $469,000 Active 45 DOM
-
2026-06-28days on market $469,000 Active 44 DOM
-
2026-06-27days on market $469,000 Active 43 DOM
-
2026-06-26days on market $469,000 Active 42 DOM
-
2026-06-24days on market $469,000 Active 40 DOM
-
2026-06-22days on market $469,000 Active 38 DOM
-
2026-06-21days on market $469,000 Active 37 DOM
-
2026-06-18days on market $469,000 Active 34 DOM
-
2026-06-17days on market $469,000 Active 33 DOM
-
2026-06-16days on market $469,000 Active 32 DOM
-
2026-06-15days on market $469,000 Active 31 DOM
-
2026-06-13days on market $469,000 Active 29 DOM
-
2026-06-13days on market $469,000 Active 28 DOM
-
2026-06-09days on market $469,000 Active 25 DOM
-
2026-06-08days on market $469,000 Active 24 DOM
-
2026-06-07days on market $469,000 Active 23 DOM
-
2026-06-04days on market $469,000 Active 20 DOM
-
2026-06-03days on market $469,000 Active 19 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 7/10 Severe FEMA zone AE · 74% 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 · 7 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
- $43,740
- − Mortgage interest
- −$24,591
- − Property taxes
- −$6,585
- − Insurance
- −$7,314
- − Repairs & maintenance
- −$3,499
- − Management
- −$3,499
- − HOA
- −$13,080
- − Depreciation
- −$12,771
- Taxable loss
- −$27,598
- Est. tax savings @ 24.0%
- +$6,624
- After-tax cash flow
- $-13,426/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 · 29 photos
This well-maintained, updated 1-bedroom, 1-bath condo in Zephyr Lofts offers modern finishes and a spacious layout with partial NYC views. It is in good condition with minimal repairs needed, making it a great investment opportunity.
Value-add opportunities
- Both Painting the exterior — Enhances curb appeal and value. ↑
- Both Landscaping improvements — Enhances curb appeal and value. ↑
- Both New flooring in bathrooms — Improves aesthetics and functionality. ↑
- Both New kitchen backsplash — Enhances aesthetics and functionality. ↑
- Both New bathroom fixtures — Enhances aesthetics and functionality. ↑
ⓘ 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
- 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
Livability — Jersey City
- Score
- 77/100
- State rank
- #116
- US rank
- #2955
Category grades
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)
- 16,015
- Household income
- $183,464
- Rent vs Own
- Severe rent burden
- 6% 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 0.61)
- Race & ethnicity
- Asian 57% White 25% Hispanic / Latino 8% Two or more races 8% Black 4% Native American 1%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 3% Dominican 1%
- Common ancestry
- Romanian 2% Scotch-Irish 1% Estonian 1%
- Foreign-born
- 61% · China, Canada, South Korea
- Languages at home
- 39% English-only · Other Indo-European 27% Chinese 21% Spanish 5%
Political lean MEDSL · Hudson
- 2024 margin
- Strong D (+28.1) · D 62.6% · R 34.6% · Other 2.8%
- 2008→2024 swing
- -18.7pp toward R · 2008: 46.7pp · 2024: 28.1pp
- All cycles
- 2024: D+28.1 2020: D+46.2 2016: D+51.8 2012: D+55.7 2008: D+46.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -1.37%
- Current HPI
- 325.0645
- Rent YoY
- ▲ 3.47%
- 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
1 event — show timeline
- 2026-05-15 Listed $469,000 HCMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…