








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 Hazlet at 22 Cornell Drive, Hazlet, NJ, 07730 offers a 7.53% rental yield on a $599,900 purchase with $3,766/mo rent. 96% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 88.25% and total cumulative return in cash at $174,184. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,766/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07730, Hazlet, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,718 (100%) |
| Owner Occupied HU | 5,623 (83.7%) |
| Renter Occupied HU | 885 (13.2%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $496,590 |
| Average Home Value | $526,604 |
Residential
6,409
Single Family
6,269
Multi-Family
140
Businesses
643
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $10063.64 | -0.65% | $493,800 | 4.18% |
| 2023-01-28 | $10129.38 | 3.50% | $474,000 | 17.50% |
| 2022-01-28 | $9786.49 | 4.47% | $403,400 | 10.46% |



Listed by: Diane M Mccarty • Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Mls Name: MOMLS
Mls Provider:
Mls ID: #22502096
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.