Condo / High-rise home in 386 Fifth St #301 Jersey City, NJ
A Condo condo in Bayonne, NJ, it offers 1 bedroom and 1 bathroom across 728 square feet. Its Condo character defines the property's look.
| Price | $590,000 |
|---|
| Beds | 1 |
|---|
| Baths | 1 |
|---|
| Sqft | 728 |
|---|
| Architectural style | Condo / High-rise (36% match) |
|---|
| Address | 386 Fifth St #301 Jersey City, NJ 07302 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $590K, this home is 14% below the $689K median for 318 similar Condo / High-rise homes in Bayonne, NJ.
- That works out to $810 per square foot, 21% above the $668 comparable rate.
- New to market (4 days), so expect competition.
| This home | $590,000 |
|---|
| Condo / High-rise median in Bayonne, NJ | $688,500 (318 homes) |
|---|
| Price per sq ft | $810 vs. $668 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,547/month with 20% down at a 7.28% 30-year fixed rate. You would need about $194,878 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,229/mo |
|---|
| Property tax (new-buyer reassessed rate) | $1,096/mo |
|---|
| Homeowners insurance | $221/mo |
|---|
| Total monthly | $4,547/mo |
|---|
| Down payment (20%) | $118,000 |
|---|
| Income needed | $194,878/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
|---|
| Beats renting in | 6% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $273,937 |
|---|
| Range (10th to 90th pct) | $160,642 to $406,791 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto