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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 Union at 694 Evergreen Pkwy, Union, NJ, 07083 offers a 7.28% rental yield on a $699,999 purchase with $4,246/mo rent. 19% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 84.09% and total cumulative return in cash at $193,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,246/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
Date | Event | Price |
|---|---|---|
| 2025-06-03 | Sold | $455,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $12673.02 | 3.15% | $56,700 | N/A |
| 2023-09-17 | $12286.32 | 3.60% | $56,700 | N/A |
| 2022-09-17 | $11859.37 | 2.48% | $56,700 | N/A |
Listed by: NICHOLAS A. CANDILOROS • TESLA REALTY GROUP LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2604400R
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