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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% |
Rental property for sale in Hackettstown at 16 Herbert Ln, Hackettstown, NJ, 07840 offers $3,102/mo rent that, after a $2,427/mo payment. Total monthly income is $3,102/mo. Return on cash invested measures 16.75% in year one, and rental yield stands at 7.51% at a $495,800 entry. Equity gained on principal adds $3,199/yr while 5% annual appreciation compounds into $136,980 by year five. Five-year ROI records 87.15% and total cumulative return in cash reaches $143,241. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,102/mo property income versus a $2,427/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,631 (100%) |
| Owner Occupied HU | 8,650 (63.5%) |
| Renter Occupied HU | 4,448 (32.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $431,882 |
| Average Home Value | $463,812 |
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listing removed | $499,000 |
| 2025-08-04 | Pending sale | $499,000 |
| 2025-06-18 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-30 | $9744.15 | N/A | $285,000 | N/A |
| 2024-10-30 | $9744.15 | 1.33% | $285,000 | N/A |
| 2023-10-30 | $9615.90 | 5.57% | $285,000 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
