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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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% |
Rental property for sale in East Hanover at 88 Overlook Ave, East Hanover, NJ, 07936 offers $0/mo rent that, after a $3,426/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.94% in year one, and rental yield stands at 0% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07936, East Hanover, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,748 (90.5%) |
| Renter Occupied HU | 322 ( 7.8%) |
| Vacant Housing Units | 71 ( 1.7%) |
| Median Home Value | $742,208 |
| Average Home Value | $763,657 |
Residential
4,001
Single Family
4,001
Multi-Family
0
Businesses
748
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $699,900 |
| 2003-05-29 | Sold | $350,000 |
| 1995-10-02 | Sold | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $7833.88 | 3.97% | $302,000 | N/A |
| 2023-06-27 | $7534.90 | 2.00% | $302,000 | N/A |
| 2022-06-27 | $7386.92 | 0.33% | $302,000 | N/A |
No similar rental properties found nearby.
Listed by: Marlene Masone • Coccia Real Estate Group, Llc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971920
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 2025 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.
