7 Faber Pl, Nutley, NJ, 07110 | 7.34% Rental Yield

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7 Faber Pl, Nutley, NJ, 07110 | 7.34% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nutley at 7 Faber Pl, Nutley, NJ, 07110 with 5% annual appreciation on a $785,000 basis while $4,800/mo rent supports operations. 37% in year one. Equity gained on principal adds $5,065/yr, and five-year appreciation sums $216,881 alongside rental yield of 7.34%. Five-year ROI measures 85.04% and total cumulative return in cash totals $219,638. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $3,842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1960

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained and thoughtfully updated 1,767 sqft split-level on a picturesque corner lot in one of Nutley's most sought-after neighborhoods. From your front steps, enjoy rare NYC skyline views and all the charm this vibrant township offers, from scenic parks and tree-lined streets to its easy Manhattan commute. Hardwood floors flow through the open-concept living and dining areas into a stunning kitchen with island seating, stainless steel appliances, granite countertops, and timeless cabinetry with undercabinet lighting. Sliding glass doors fill the space with light and lead to your upper deck, perfect for summer dining. Upstairs, the spacious primary suite has a full en suite bath, plus two additional bedrooms and another full bath. The lower level features a generous family room with a half bath, garage access, and sliders to a second deck. The backyard is a rare find set on the outer curve of the street, it's larger than most in the neighborhood, fully fenced, and offers exceptional privacy for play, pets, and entertaining. Move-in ready and ideally located, this home blends comfort, style, and the unbeatable Nutley lifestyle.

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