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$5,850,000
Property Description
Rare opportunity to acquire a fully occupied mixed-use building in a premier Midtown Hoboken location along the Washington Street retail corridor. This classic brick building features a large ground-floor retail space, four residential apartments and basement storage. The residential mix includes three 3-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment with a private yard. Strong existing rent roll with gross annual income of $325,200 and NOI of $272,360, offering immediate income from both residential and commercial tenants. Hoboken's limited housing supply, strong rental demand and highly walkable urban setting have made well-located mixed-use properties particularly desirable long-term investment assets. The combination of residential and retail income provides diversification, while a Washington Street address offers the benefit of one of the city's most established commercial corridors with convenient access to PATH, ferry and NJ Transit service to Manhattan. Situated on a 21' x 75' lot and located outside of the flood zone. An exceptional opportunity to acquire a fully occupied, income-producing building in one of Hudson County's most sought-after rental markets.
Full Property Details
Full Property Details for 704 Washington St
General
- Price: $5,850,000
- Taxes: $25,089 (2025)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260018182
- Updated: 9/10/2026
- Added to Site: 29 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Level 4 - Full Baths: 1
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - 1/2 Baths: 1
- Bsmt. - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 10
- Bedrooms-L4: 3
- Bedrooms-L3: 3
- Bedrooms-L2: 3
- Bedrooms-B: 1
Other Rooms
- Living Rooms: 4
- Living Room-L4: 1
- Living Room-L3: 1
- Living Room-L2: 1
- Living Room-B: 1
- Kitchens: 4
- Kitchens-L4: 1
- Kitchens-L3: 1
- Kitchens-L2: 1
- Kitchens-B: 1
Location
- Area: Hoboken
- County: Hudson
- Driving Directions: 7th & 8th St
Heating & Cooling
- Heating/Cooling: A/C Central, A/C Window, Baseboard, Gas, Radiators
Structural Information
- Architectural Style: Row House, Multi-Level
- Exterior Const.: Brick
- Basement Desc.: Finished, Full, Walk-Out
Lot Features
- Lot Dimensions: 21 x 75
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $25,089
- Tax Year: 2025
Disclosures and Reports
- Exclusions: All personal property excluded.
- Inclusions: All appliances.
- Lead Paint Discl.: Yes
Listed by Compass New Jersey, Llc (201) 627-4947
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Schools
Schools serving 704 Washington St
School District:Hoboken City School District
| Name | Grades | Distance |
|---|---|---|
Joseph F Brandt No 2 215 9th Street, Hoboken, NJ 07030 | PK-K | 0.2 mi |
Wallace No. 6 Elementary School 1100 Willow Avenue, Hoboken, NJ 07030 | PK-6 | 0.4 mi |
Thomas G Connors 201 Monroe Street, Hoboken, NJ 07030 | PK-6 | 0.6 mi |
Hoboken High School Ninth & Clinton Sts, Hoboken, NJ 07030 | 7-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 Washington St
Date
Details
Price
Change
Source
9/10/2026
Listed
$5,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 704 Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,090
9%
$1,390,000
—
2022
$22,963
3%
$1,390,000
—
2021
$22,240
—
$1,390,000
—
2019
$22,226
1%
$1,390,000
—
2018
$21,962
-1%
$1,390,000
—
2017
$22,129
3%
$1,390,000
—
2016
$21,559
4%
$1,390,000
—
2015
$20,808
5%
$1,390,000
—
2013
$19,864
—
$1,390,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 704 Washington St
704 Washington St, Hoboken, NJ 07030 (MLS# 260018182) is a Multi-Family property with units containing 10 bedrooms, 4 full bathrooms and 1 partial bathroom. 704 Washington St is currently listed for $5,850,000 and was received on September 10, 2026. Want to learn more about 704 Washington St? Do you have questions about finding other Multi-Family real estate for sale in Hoboken? You can browse all Hoboken real estate or contact a Coldwell Banker agent to request more information.
