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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in High Bridge at 12 Chestnut Ct, High Bridge, NJ, 08829 listed at $250,000 pairs $2,002/mo rent with a $1,224/mo payment. Total monthly income runs $2,002/mo. Return on cash invested measures 15.31% in year one, and rental yield registers 9.61% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 82.27% and total cumulative return in cash totals $68,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,002/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
2,178 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,203 (78.8%) |
| Renter Occupied HU | 230 (15.1%) |
| Vacant Housing Units | 94 ( 6.2%) |
| Median Home Value | $346,416 |
| Average Home Value | $365,669 |
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
82
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $250,000 |
| 2004-02-18 | Sold | $197,500 |
| 2002-04-24 | Sold | $167,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-20 | $8829.12 | 5.43% | $270,500 | 27.71% |
| 2023-02-20 | $8374.57 | 14.43% | $211,800 | 21.31% |
| 2022-02-20 | $7318.78 | 1.83% | $174,600 | -0.40% |
Listed by: Kelly Holmquist • Keller Williams Metropolitan
Mls Name: GSMLS
Mls Provider:
Mls ID: #3943333
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 2025 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.
