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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 New Providence at 457 Central Ave, New Providence, NJ, 07974 with 5% annual appreciation on a $637,500 basis while $4,294/mo rent supports operations. 63% in year one. Equity gained on principal adds $4,114/yr, and five-year appreciation sums $176,130 alongside rental yield of 8.08%. Five-year ROI measures 97.21% and total cumulative return in cash totals $203,881. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,294/mo property income versus a $3,120/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
8,712 sqft 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 |
|---|---|---|
| 2025-09-16 | Sold | $637,500 |
| 2025-06-17 | Price change | $699,000 |
| 2025-06-05 | Listed for sale | $729,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $11273.81 | 3.10% | $218,400 | N/A |
| 2023-10-13 | $10935.29 | 1.40% | $218,400 | N/A |
| 2022-10-13 | $10784.59 | 0.73% | $218,400 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
