9 Old Chester RdEssex FellsNJ07021
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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
Investment Highlights
Investment property for sale in Essex Fells at 9 Old Chester Rd, Essex Fells, NJ, 07021 projects strong ROI of 1.76%. Rental yield 2.53%. With 5% annual appreciation, the property builds $856,473 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.7%, translating into $67,262 in total cumulative return on $1,004,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2026
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07021, Essex Fells, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 644 (88.8%) |
| Renter Occupied HU | 33 ( 4.6%) |
| Vacant Housing Units | 48 ( 6.6%) |
| Median Home Value | $1,173,729 |
| Average Home Value | $1,298,680 |
Housing Distribution
Address Breakdown
Residential
794
Single Family
794
Multi-Family
0
Businesses
62
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Listed by: James Mattina • Ast Realty, Llc
Mls Name: GSMLS
Mls ID: #3998873