201 Newark AveBloomfieldNJ07003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bloomfield at 201 Newark Ave, Bloomfield, NJ, 07003 at $623,700 posts ROI 20.88% with $140/mo cash flow from $4,586/mo rent. Total monthly income equals $4,586/mo, and annual cash flow records $1,681/yr on $205,197 to close. Return on cash invested measures 20.88% and rental yield reads 8.82% at the current $623,700. Equity gained on principal adds $4,025/yr, and 5% annual appreciation supports $172,317 by year five. Five-year ROI prints 109.28% and total cumulative return in cash totals $224,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,586/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Housing Distribution
Address Breakdown
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Caraccio • West Hoboken Residential Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3962669
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.