565 1st St Apt 8

Hoboken, NJ 07030
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1 bd, 1 ba | 710 sqft | Built in 1920

For Sale

Exclusive

List Price
$379,000

Initial Investment

$384,685

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

07/15/2021

Lease End

07/31/2023

Property Type

Condo

Lot Size

710

HOA

$240/mo

Flood Risk

High Risk - Zone AE

  • Huge 1- bed
  • Few blocks to train station, lovely tree-lined street, extremely quiet but only 15 minutes to either wall street or midtown.
  • Newly renovated kitchen , washer/dryer in unit. AC in the unit. Exposed brick, and fresh wood floors.
  • First Street is one of the most desirable tree-lined streets in all of Hoboken. You are within a few blocks of restaurants, bars, parks, and shopping. This condo is conveniently located just a short walk to the Path, and a couple of blocks from the 2nd Street Light Rail. From here you can reach both Manhattan and other parts of New Jersey via the Path, NJ Transit, Bus, NY Waterway, and the Light Rail. You are also very close to a quick exit out of Hoboken via the Holland Tunnel, RT 1/9, and the Parkway.
See more in Analysis

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Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$12,116

Property taxes

-$7,600

Loan Payments

$0

Net Cash Flow

$1,944

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.