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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 Far Hills at 70 Main St UNIT 1, Far Hills, NJ, 07931 offers a 0% rental yield on a $699,000 purchase with $0/mo rent. 94% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1870
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07931, Far Hills, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 1,156 (77.6%) |
| Renter Occupied HU | 203 (13.6%) |
| Vacant Housing Units | 131 ( 8.8%) |
| Median Home Value | $1,047,619 |
| Average Home Value | $1,202,206 |
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
152
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Moses Lajterman • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3923626
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
