Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
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 Basking Ridge at 8 Morrison St, Basking Ridge, NJ, 07920 offers a 0% rental yield on a $1,699,000 purchase with $0/mo rent. 03% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listed for sale | $1,699,000 |
| 2025-01-08 | Listing removed | $1,699,000 |
| 2024-12-28 | Pending sale | $1,699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $19424.90 | 8.10% | $1,091,900 | 14.60% |
| 2023-01-28 | $17969.81 | -3.42% | $952,800 | 2.64% |
| 2022-01-28 | $18605.98 | N/A | $928,300 | 5.27% |
No similar rental properties found nearby.
Listed by: Jennifer A. Blanchard • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3940798
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.
