107 Jacksonville RdPequannockNJ07440
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pequannock at 107 Jacksonville Rd, Pequannock, NJ, 07440 uses $230,267 cash to close to unlock $4,019/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $5,324/mo, and a $3,426/mo payment keeps the spread at $335/mo. Purchase price stands at $699,900, and rental yield measures 9.13% with $5,324/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash records $262,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,324/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.37 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 07440, Pequannock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 1,427 (83.7%) |
| Renter Occupied HU | 253 (14.8%) |
| Vacant Housing Units | 25 ( 1.5%) |
| Median Home Value | $594,053 |
| Average Home Value | $676,384 |
Housing Distribution
Address Breakdown
Residential
1,664
Single Family
1,524
Multi-Family
140
Businesses
163
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Price change | $699,900 |
| 2024-10-22 | Listed for sale | $750,000 |
| 2024-08-12 | Sold | $555,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $11182.39 | 13.80% | $608,400 | 57.58% |
| 2022-11-11 | $9826.25 | 1.92% | $386,100 | N/A |
| 2021-11-11 | $9640.92 | 4.70% | $386,100 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1967
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: 1 Unit, Forced Air, Natural Gas
- Cooling: 1 Unit
- Flooring: Laminate, Tile, Wood
- Interior Features: Florida/3Season, Foyer
- Exterior Features: Curbs
- Parking Features: 2 Car Width, Asphalt, Attached Garage
Location
- City: Pequannock
- State: NJ
- Subdivision: Near Greenview
- Lot Size: 0.37 Acres
- Lot Features: Corner Lot, Level
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected, Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Pequannock
- Middle School: Pequannock
- High School: Pequannock
Listed by: Bill Hanley • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3930547
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.