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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Cedar Grove at 308 Holly Ln #32, Cedar Grove, NJ, 07009 earns from $3,443/mo rent with a $3,304/mo payment. Total monthly income totals $3,443/mo. ROI tracks 9.26% on current figures, and rental yield reads 6.12% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 48.19% and total cumulative return in cash sums $107,019. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,443/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$630 monthly HOA
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Annamarie Clementi • West of Hudson Real Estate
Mls Name: NJMLS
Mls Provider:
Mls ID: #25018003
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-05-29 07:47:20 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
