Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Flemington at 23 Olive Court, Flemington, NJ, 08822 at $419,900 posts ROI 18.45% with from $3,000/mo rent. Total monthly income equals $3,000/mo. Return on cash invested measures 18.45% and rental yield reads 8.57% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 96.85% and total cumulative return in cash totals $134,808. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1986
2,178 sqft lot
$N/A/sqft
$176 monthly HOA
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $419,900 |
| 2006-12-18 | Sold | $300,000 |
| 2005-12-27 | Sold | $246,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $7265.68 | 6.35% | $250,800 | N/A |
| 2023-04-28 | $6831.79 | 3.85% | $250,800 | N/A |
| 2022-04-28 | $6578.48 | 2.02% | $250,800 | N/A |
Listed by: Walter Klim • Re/Max Results Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3959140
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.
