








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


Rental property for sale in Cedar Grove at 36 Hickory Ct, Cedar Grove, NJ, 07009 generates $3,840/mo in rent, after a $4,743/mo payment. Total monthly income is $3,840/mo. Return on cash invested sits at 6.49% in year one, and rental yield is 4.76% on a $969,000 entry. Equity gained on principal adds $6,253/yr, while 5% annual appreciation builds toward $267,717 over five years. Five-year ROI reaches 32.84% and total cumulative return in cash sums $104,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
48.26 Acres lot
$N/A/sqft
$537 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 |
|---|---|---|
| 2025-10-02 | Pending sale | $969,000 |
| 2025-09-25 | Listed for sale | $969,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lauren Orsini • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3988638
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.