7 Nassau Rd, Montclair, NJ, 07043 | $484/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Nassau Rd, Montclair, NJ, 07043 | $484/mo Cash Flow | 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 Montclair at 7 Nassau Rd, Montclair, NJ, 07043 earns $484/mo cash flow from $5,680/mo rent with a $3,568/mo payment. Total monthly income totals $5,680/mo, and annual cash flow totals $5,807/yr on $239,841 capital. ROI tracks 22.48% on current figures, and rental yield reads 9.35% at a $729,000 purchase. Equity gained on principal adds $4,704/yr, and 5% annual appreciation supports $201,409 over five years. Five-year ROI reaches 117.84% and total cumulative return in cash sums $282,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,680/mo property income instead of your personal income.

Single Family

Built in 1922

7,590 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious center hall colonial nestled in one of Upper Montclair's most desirable neighborhoods! Perfectly located just minutes from major commuting routes & NYC transportation, this home offers unparalleled access to top-rated schools, shopping, dining & all the amenities that make Upper Montclair such a vibrant & desirable area. Whether you are strolling to the local caf or heading out for a hike, there's something for everyone. This quiet, tree lined street has its own triangle park for neighbors to enjoy. Minutes to Bonsal Wildlife Preserve, Mill's Reservation, Presby Iris Gardens & Mountainside Park featuring a beautiful pool, basketball & tennis courts, a playground & ballfield. Step inside to discover a classic layout with a seamless flow throughout the main living areas. The first floor features a den, formal living room, dining room & kitchen with access to the full, unfinished basement. Upstairs there are three bedrooms & a full bath. This home's neutral palette, sun-drenched rooms & timeless charm create a warm & inviting atmosphere that's ready for your personal touch. Don't miss the opportunity to transform this special home. Experience the perfect blend of character, modern convenience & community charm!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07043, Montclair, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,324 (100%)
Owner Occupied HU	3,623 (83.8%)
Renter Occupied HU	619 (14.3%)
Vacant Housing Units	82 ( 1.9%)
Median Home Value	$950,083
Average Home Value	$1,087,204