




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 Newark at 639 N 8Th St, Newark, NJ, 07107 at $775,000 posts ROI 15.38% with from $4,530/mo rent. Total monthly income equals $4,530/mo. Return on cash invested measures 15.38% and rental yield reads 7.01% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 79.79% and total cumulative return in cash totals $203,443. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07107, Newark, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,578 (100%) |
| Owner Occupied HU | 2,977 (19.1%) |
| Renter Occupied HU | 11,548 (74.1%) |
| Vacant Housing Units | 1,053 ( 6.8%) |
| Median Home Value | $408,045 |
| Average Home Value | $427,148 |
Residential
12,473
Single Family
7,330
Multi-Family
5,143
Businesses
646
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: Margarette Estil • Re/Max First Realty Ii
Mls Name: GSMLS
Mls ID: #4000162