




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 West Orange at 15 Lessing Rd, West Orange, NJ, 07052 earns $873/mo cash flow from $5,827/mo rent with a $3,353/mo payment. Total monthly income totals $5,827/mo, and annual cash flow totals $10,474/yr on $225,365 capital. ROI tracks 24.71% on current figures, and rental yield reads 10.21% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 129.92% and total cumulative return in cash sums $292,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,827/mo property income instead of your personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07052, West Orange, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,309 (100%) |
| Owner Occupied HU | 12,541 (64.9%) |
| Renter Occupied HU | 5,679 (29.4%) |
| Vacant Housing Units | 1,089 ( 5.6%) |
| Median Home Value | $594,614 |
| Average Home Value | $648,146 |
Residential
18,032
Single Family
15,941
Multi-Family
2,091
Businesses
1,496
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $685,000 |
| 2025-06-16 | Pending sale | $610,000 |
| 2025-06-03 | Listed for sale | $610,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $15101.22 | 5.57% | $322,400 | N/A |
| 2023-10-09 | $14304.89 | 1.91% | $322,400 | N/A |
| 2022-10-09 | $14037.30 | 1.63% | $322,400 | N/A |



Listed by: Michele Chiles-hickman • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3966810
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.