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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 Scotch Plains at 1832 Mountain Ave, Scotch Plains, NJ, 07076 at $849,000 posts ROI 8.89% with from $3,452/mo rent. Total monthly income equals $3,452/mo. Return on cash invested measures 8.89% and rental yield reads 4.88% at the current $849,000. Equity gained on principal adds $5,478/yr, and 5% annual appreciation supports $234,563 by year five. Five-year ROI prints 44.97% and total cumulative return in cash totals $125,624. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07076, Scotch Plains, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,413 (100%) |
| Owner Occupied HU | 7,002 (74.4%) |
| Renter Occupied HU | 1,929 (20.5%) |
| Vacant Housing Units | 482 ( 5.1%) |
| Median Home Value | $747,684 |
| Average Home Value | $786,962 |
Residential
9,143
Single Family
8,866
Multi-Family
277
Businesses
599
Date | Event | Price |
|---|---|---|
| 2001-12-03 | Sold | $188,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $11179.60 | 3.04% | $95,000 | N/A |
| 2023-04-02 | $10849.95 | 3.72% | $95,000 | 2.48% |
| 2022-04-02 | $10461.20 | 0.17% | $92,700 | N/A |
Listed by: Alicia Holden • Era Suburb Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3954241
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.
