








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 Monmouth Junction at 1406 Locust Ct, Monmouth Junction, NJ, 08852 offers a 8.08% rental yield on a $459,000 purchase with $3,092/mo rent. 49% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 96.44% and total cumulative return in cash at $146,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,092/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08852, Monmouth Junction, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,820 (100%) |
| Owner Occupied HU | 4,322 (63.4%) |
| Renter Occupied HU | 2,215 (32.5%) |
| Vacant Housing Units | 283 ( 4.1%) |
| Median Home Value | $666,326 |
| Average Home Value | $679,054 |
Residential
6,935
Single Family
6,860
Multi-Family
75
Businesses
483
Date | Event | Price |
|---|---|---|
| 2015-12-01 | Sold | $251,000 |
| 2015-11-09 | Listing removed | $1,900 |
| 2015-11-06 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-14 | $5640.92 | 3.72% | $105,300 | N/A |
| 2023-06-14 | $5438.75 | 3.07% | $105,300 | N/A |
| 2022-06-14 | $5276.58 | 0.42% | $105,300 | N/A |



Listed by: Sushma Trousdale • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2515355R
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