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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 Long Valley at 2 Delmar Ter, Long Valley, NJ, 07853 offers a 0% rental yield on a $579,000 purchase with $0/mo rent. 94% in year one. Equity gained on principal adds $3,736/yr while 5% annual appreciation supports $159,967 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,834/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07853, Long Valley, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,421 (100%) |
| Owner Occupied HU | 3,960 (89.6%) |
| Renter Occupied HU | 359 ( 8.1%) |
| Vacant Housing Units | 102 ( 2.3%) |
| Median Home Value | $650,057 |
| Average Home Value | $737,239 |
Residential
4,354
Single Family
4,354
Multi-Family
0
Businesses
224
Date | Event | Price |
|---|---|---|
| 2024-04-02 | Sold | $565,000 |
| 2024-03-01 | Pending sale | $499,900 |
| 2024-02-23 | Listed for sale | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $9174.46 | 2.87% | $323,500 | N/A |
| 2022-11-19 | $8918.90 | 2.76% | $323,500 | N/A |
| 2021-11-19 | $8679.51 | 2.72% | $323,500 | N/A |
No similar rental properties found nearby.
Listed by: Cynthia Ruggiero • Kl Sotheby's Int'l. Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3935035
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 2024 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.
