450J River RdNutleyNJ07110
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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 Nutley at 450J River Rd, Nutley, NJ, 07110 with 5% annual appreciation on a $325,000 basis while $2,816/mo rent supports operations. 68% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 10.4%. Five-year ROI measures 104.97% and total cumulative return in cash totals $113,089. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,816/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1969
304.92 sqft lot
$N/A/sqft
$520 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07110, Nutley, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,777 (63.8%) |
| Renter Occupied HU | 4,070 (33.4%) |
| Vacant Housing Units | 343 ( 2.8%) |
| Median Home Value | $542,138 |
| Average Home Value | $574,017 |
Housing Distribution
Address Breakdown
Residential
11,752
Single Family
9,722
Multi-Family
2,030
Businesses
925
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Listed by: Joel Flores • Christie's Int. Real Estate Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3989746
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