190 Claremont RdBernardsvilleNJ07924
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bernardsville at 190 Claremont Rd, Bernardsville, NJ, 07924 with 5% annual appreciation on a $1,175,000 basis while $3,995/mo rent supports operations. 56% in year one. Equity gained on principal adds $7,582/yr, and five-year appreciation sums $324,631 alongside rental yield of 4.08%. Five-year ROI measures 32.43% and total cumulative return in cash totals $123,478. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,995/mo property income versus a $5,751/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
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Nearby investment properties with comparable prices
Listed by: Amy Miller • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3988414
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