Professional break-even calculator optimized for multifamily properties in Jersey City. Local market data shows 5.8% average cap rates and $625,000 median property values.
This calculator is optimized for multifamily property investments in Jersey City. The market data above reflects current conditions in the Jersey City real estate market, helping you make informed decisions about multifamily property investments.
The Jersey City, NJ multifamily real estate market offers unique investment opportunities. With a median home price of $625,000 and average cap rates of 5.8%,multifamily properties in this market present a stable investment profile.
Current market conditions show properties averaging 42 days on market, with year-over-year appreciation of 4.2%. Average cash-on-cash returns for multifamily investments in Jersey City are approximately 9.2%.