








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 Cedar Grove at 19 Highfield Ln, Cedar Grove, NJ, 07009 offers $4,577/mo rent that, after a $3,911/mo payment. Total monthly income is $4,577/mo. Return on cash invested measures 14.95% in year one, and rental yield stands at 6.87% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 77.48% and total cumulative return in cash reaches $203,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,577/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $799,000 |
| 2024-03-18 | Sold | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $11194.43 | 1.22% | $436,600 | N/A |
| 2022-10-16 | $11059.08 | 1.44% | $436,600 | N/A |
| 2021-10-16 | $10901.90 | 2.42% | $436,600 | N/A |



Listed by: Stephanie Radecki • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3928094
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