302 E Harriet AvePalisades ParkNJ07650
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palisades Park at 302 E Harriet Ave, Palisades Park, NJ, 07650 earns from $6,840/mo rent with a $7,239/mo payment. Total monthly income totals $6,840/mo. ROI tracks 11.1% on current figures, and rental yield reads 5.55% at a $1,479,000 purchase. Equity gained on principal adds $9,544/yr, and 5% annual appreciation supports $408,620 over five years. Five-year ROI reaches 56.76% and total cumulative return in cash sums $271,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,840/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07650, Palisades Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,729 (100%) |
| Owner Occupied HU | 2,530 (32.7%) |
| Renter Occupied HU | 4,845 (62.7%) |
| Vacant Housing Units | 354 ( 4.6%) |
| Median Home Value | $791,775 |
| Average Home Value | $790,008 |
Housing Distribution
Address Breakdown
Residential
7,104
Single Family
5,674
Multi-Family
1,430
Businesses
767
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Listed by: Miae Jo • Young Star Realty, LLC
Mls Name: NJMLS
Mls ID: #25029390