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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 Laurence Harbor at 624 Groben St, Laurence Harbor, NJ, 08879 uses $197,367 cash to close to unlock $3,027/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $4,528/mo, and a $2,936/mo payment keeps the spread at $252/mo. Purchase price stands at $599,900, and rental yield measures 9.06% with $4,528/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 113.1% and total cumulative return in cash records $223,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,528/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Listed for sale | $599,900 |
| 2024-09-21 | Listing removed | $599,900 |
| 2024-08-31 | Price change | $637,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $8949.78 | 2.34% | $168,800 | N/A |
| 2022-10-16 | $8745.53 | 390.43% | $168,800 | 382.29% |
| 2021-10-16 | $1783.25 | -1.17% | $35,000 | N/A |
Listed by: Susan M. Gaudiosi • RARITAN BAY REALTY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504658R
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