180 Thorne St, Jersey City, NJ, 07307
About This Home
Turn-key investment opportunity! Legal 5-family corner property with strong income-producing potential. The building consists of four (4) 1-bedroom, 1-bathroom units and one (1) spacious 3-bedroom, 1-bathroom unit, offering a desirable mix that appeals to a variety of tenants. All utilities are separately metered, helping reduce owner expenses and simplify property management. The property is equipped with gas baseboard heating in all units. Additional features include a garage and parking for up to 3 vehicles. Situated on a desirable corner lot with convenient access to transportation, shopping, and local amenities. Ideal for investors seeking consistent cash flow, low operating expenses, and long-term appreciation potential. A great opportunity to add a solid multi-family asset to your investment portfolio.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Aluminum Siding,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Multi Level,Other
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating & Cooling
- Heating features: Baseboard,Natural Gas
- Cooling features: Window Unit(s)
Property
Details
- Exclusions: Personal
Parking
- Parking features: 3+ Cars,Garage,Detached
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $273 | $3,276 |
| Property Taxes | $1,688 | $20,256 |
| Electricity | $193 | $2,318 |
| Total | $8,722 | $104,664 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $1,299,000 |
View on Zillow