








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $4,738/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 9.82% with $4,738/mo rent. Return on cash invested shows 18.43% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 98.09% and total cumulative return in cash records $186,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,738/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$455 monthly HOA
Neighborhood data shown for ZIP Code: 07028, Glen Ridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,796 (100%) |
| Owner Occupied HU | 2,250 (80.5%) |
| Renter Occupied HU | 491 (17.6%) |
| Vacant Housing Units | 55 ( 2.0%) |
| Median Home Value | $821,864 |
| Average Home Value | $913,219 |
Residential
2,730
Single Family
2,491
Multi-Family
239
Businesses
179
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $579,000 |
| 2023-11-07 | Listing removed | N/A |
| 2023-10-24 | Price change | $3,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $17021.64 | 3.80% | $498,000 | N/A |
| 2023-03-31 | $16399.14 | 1.48% | $498,000 | N/A |
| 2022-03-31 | $16160.10 | 1.82% | $498,000 | N/A |



Listed by: Amy Owens • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3953559
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.