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$2,700,000
Property Description
Exceptional investment opportunity in the highly desirable Jersey City Heights section. This 8-unit multifamily property offers immediate cash flow with substantial upside through the renovation and repositioning of under-market units. Current gross rental income is approximately $169,700 annually, with the potential to increase to over $225,900 annually after renovating Units 2, 5, and 7. At an offering price of $2,700,000, the property is operating at an estimated 4.79% cap rate with the potential to achieve an estimated 6.87% pro forma cap rate. Investors will appreciate the strong rental demand, proximity to transportation, shopping, dining, and continued growth throughout Jersey City Heights.Property is being sold as-is. Buyer to perform their own due diligence regarding income, expenses, rents, permits, and future projections.
Full Property Details
Full Property Details for 85 Zabriskie St
General
- Price: $2,700,000
- Taxes: $23,230 (2025)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260010609
- Updated: 6/12/2026
- Added to Site: 21 day(s) ago
Location
- Area: JC, Heights
- County: Hudson
- Driving Directions: refer to google maps
Heating & Cooling
- Heating/Cooling: A/C Central, Hot Air, A/C Wall, Baseboard, Other-See Remarks
Structural Information
- Architectural Style: Multi-Level
- Exterior Const.: Aluminum/Vinyl
- Basement Desc.: None
Lot Features
- Lot Dimensions: 25 x 100
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $23,230
- Tax Year: 2025
Disclosures and Reports
- Exclusions: owners personal property
- Inclusions: sold as is
- Lead Paint Discl.: Yes
Listed by Xentry Property Group Llc (201) 790-0000
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Schools
Schools serving 85 Zabriskie St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Nicolas Copernicus No. 25 Elementary School 3385 John F. Kennedy Boulevard, Jersey City, NJ 07307 | PK-5 | 0.2 mi |
Franklin L Williams Ms No7 222 Laidlaw Avenue, Jersey City, NJ 07306 | 6-8 | 0.5 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 1.1 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 85 Zabriskie St
Date
Details
Price
Change
Source
6/12/2026
Price Reduced
$2,700,000
-10%
MLS
6/02/2026
Listed
$3,000,000
93.55%
MLS
7/27/2022
Sold
$1,550,000
—
Public Record
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 85 Zabriskie St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,216
50%
$994,900
42%
2022
$14,826
32%
$700,000
—
2021
$11,228
32%
$700,000
—
2021
$8,488
-21%
$700,000
—
2019
$10,780
370%
$700,000
355%
2018
$2,292
-81%
$154,000
—
2017
$12,012
1%
$154,000
—
2016
$11,860
3%
$154,000
—
2015
$11,522
—
$154,000
—
2013
$11,498
—
$154,000
—
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 85 Zabriskie St
85 Zabriskie St, Jersey City, NJ 07307 (MLS# 260010609) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 85 Zabriskie St is currently listed for $2,700,000 and was received on June 02, 2026. Want to learn more about 85 Zabriskie St? Do you have questions about finding other Multi-Family real estate for sale in Heights? You can browse all Heights real estate or contact a Coldwell Banker agent to request more information.
