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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% |
Rental property for sale in West New York at 22 Avenue At Port Imperial APT 304, West New York, NJ, 07093 priced at $1,150,000 converts $5,081/mo rent into after a $5,629/mo obligation. Total monthly income equals $5,081/mo. Return on cash invested prints 7.53% in year one, and rental yield reads 5.3% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 38.65% and total cumulative return in cash sums $143,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,081/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$870 monthly HOA
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Sold | $1,150,000 |
| 2025-03-28 | Pending sale | $1,190,000 |
| 2025-01-23 | Listed for sale | $1,190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-10 | $611.00 | 3.20% | $294,700 | N/A |
| 2022-06-10 | $592.05 | N/A | $294,700 | 3727.27% |
| 2021-06-10 | $592.05 | 1.68% | $7,700 | N/A |
Listed by: Nelly Shmidt • Prominent Properties Sotheby's International Realty-Englewood Cliffs
Mls Name: NJMLS
Mls Provider:
Mls ID: #24025193
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-06-09 21:10:32 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
