Townhouse / Rowhouse home in Jersey City, NJ
A Townhouse condo in Jersey City, NJ, it offers 1 bedroom and 1 bathroom across 642 square feet. It sits within the greater Bayonne, NJ area.
| Price | $349,000 |
|---|
| Beds | 1 |
|---|
| Baths | 1 |
|---|
| Sqft | 642 |
|---|
| Architectural style | Townhouse / Rowhouse (39% match) |
|---|
| Address | 322 Princeton Ave #ADU, Jersey City, NJ 07305 |
|---|
Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $349K, this home is 55% below the $772K median for 314 similar Townhouse / Rowhouse homes in Bayonne, NJ.
- That works out to $544 per square foot, 2% above the $533 comparable rate.
- New to market (6 days), so expect competition.
| This home | $349,000 |
|---|
| Townhouse / Rowhouse median in Bayonne, NJ | $772,000 (314 homes) |
|---|
| Price per sq ft | $544 vs. $533 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $2,690/month with 20% down at a 7.28% 30-year fixed rate. You would need about $115,275 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,910/mo |
|---|
| Property tax (new-buyer reassessed rate) | $649/mo |
|---|
| Homeowners insurance | $131/mo |
|---|
| Total monthly | $2,690/mo |
|---|
| Down payment (20%) | $69,800 |
|---|
| Income needed | $115,275/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (58 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 (58/100) |
|---|
| Beats renting in | 5% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $155,564 |
|---|
| Range (10th to 90th pct) | $92,578 to $234,642 |
|---|
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 Trulia