








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 New Providence at 45 The Fellsway, New Providence, NJ, 07974 uses $246,421 cash to close to unlock $3,807/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $5,656/mo, and a $3,666/mo payment keeps the spread at $317/mo. Purchase price stands at $749,000, and rental yield measures 9.06% with $5,656/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash records $278,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,656/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07974, New Providence, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,464 (100%) |
| Owner Occupied HU | 3,951 (72.3%) |
| Renter Occupied HU | 1,077 (19.7%) |
| Vacant Housing Units | 436 ( 8.0%) |
| Median Home Value | $778,509 |
| Average Home Value | $819,407 |
Residential
4,811
Single Family
4,457
Multi-Family
354
Businesses
404
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joseph Eberle • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3998557