








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 Clark at 23 Briarwood Path #23, Clark, NJ, 07066 offers a 8.69% rental yield on a $339,000 purchase with $2,454/mo rent. Total monthly income registers $2,454/mo, and a $1,659/mo payment leaves $38/mo available for distribution. Annual cash flow reaches $455/yr on $112,379 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 106.24% and total cumulative return in cash at $119,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,454/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michelle David • Michelle David Realty Group
Mls Name: GSMLS
Mls ID: #3985183