1
Map
304 Pavonia Avenue #103
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Price Decreased |
$1,099,999
↓ $100K
(8.3%) | |
| Price Decreased | |||
| May 28, 2024 | Listed by Keller Williams Prosperity Realty | $1,200,000 | |
| Listed by Keller Williams Prosperity Realty | |||
Property Highlights
304 Pavonia Avenue #103, Jersey City, NJ, 07302
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/28/2024
|
2 Bed
|
2 Bath
|
-
|
$1,200,000
2 Bed
2 Bath
|
$1,065,000
-11.25%
11/01/2024
|
-
|
RONALD PACIFICO II
WEICHERT REALTORS
| |
|
03/12/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$1,200,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
-
|
CHRISTOPHER PIECHOCKI
KW CITY LIFE JC REALTY
| |
|
10/09/2022
| |
2 Bed
|
2 Bath
|
-
|
$1,199,000
2 Bed
2 Bath
|
-
-
|
-
|
DENISE MARAN
BHHS FOX & ROACH
|
|
03/12/2019
|
2 Bed
|
2 Bath
|
1456 ft²
|
$925,000
2 Bed
2 Bath
1456 ft²
|
-
-
|
-
|
JILL K. BIGGS
COLDWELL BANKER REALTY
| |
|
08/14/2018
|
2 Bed
|
2 Bath
|
1456 ft²
|
$975,000
2 Bed
2 Bath
1456 ft²
|
$910,000
-6.67%
07/17/2019
|
JILL BIGGS
COLDWELL BANKER RESIDENTIAL BROKERAGE
|
Building Info
About Historic Downtown
Similar Homes for Sale
Nearby Rentals
Keller Williams Prosperity Realty
Last Updated: 7 months ago
Data Source: NJMLS , MLS# 24016489
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
