




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 371 Fairview Ave, Cedar Grove, NJ, 07009 earns from $3,840/mo rent with a $3,345/mo payment. Total monthly income totals $3,840/mo. ROI tracks 14.56% on current figures, and rental yield reads 6.74% at a $683,500 purchase. Equity gained on principal adds $4,411/yr, and 5% annual appreciation supports $188,838 over five years. Five-year ROI reaches 75.34% and total cumulative return in cash sums $169,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-30 | Sold | $683,500 |
| 2025-06-24 | Pending sale | $579,000 |
| 2025-06-10 | Listed for sale | $579,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Maria Rampinelli • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3968357
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