




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 Somerville at 179 N Middaugh St, Somerville, NJ, 08876 priced at $675,000 converts $3,785/mo rent into after a $3,304/mo obligation. Total monthly income equals $3,785/mo. Return on cash invested prints 14.51% in year one, and rental yield reads 6.73% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 75.12% and total cumulative return in cash sums $166,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,785/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
Date | Event | Price |
|---|---|---|
| 1981-10-01 | Sold | $102,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $13582.51 | 2.36% | $343,600 | N/A |
| 2023-06-27 | $13269.83 | 3.34% | $343,600 | N/A |
| 2022-06-27 | $12840.33 | N/A | $343,600 | N/A |



Listed by: Thomas Ciccarone • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971974
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