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Property profile & analytics
OFF-MARKET
Residential income homes

53 Crst St Westwood, NJ 07675-3183

976 SF 0.18 ac lot Built 2018
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US59-2198282
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of five, Class A townhomes situated at 53 Crest St, Westwood, NJ 07675, in Bergen County. Built between 2018 and 2019, this single-family rental portfolio boasts 100% occupancy and offers a compelling return on investment. The property comprises a single, three-story building on a 0.17-acre lot, featuring five identical two-bedroom, one-and-a-half-bathroom units. Each unit includes covered parking, contributing to low overhead costs. The solid construction utilizes concrete and Hardie board, with firewalls strategically placed between units for enhanced safety. The convenient location near Hackensack Hospital, Pascack Valley, and Westwood's downtown area provides easy access to transportation, schools, and shopping. The property offers ample parking with space for ten vehicles. The asking price is $2,695,000, representing $539,000 per unit. The possibility exists for the new owner to sell the units individually, subject to filing the necessary paperwork. This turnkey investment is ideal for a discerning buyer seeking a high-performing, low-maintenance rental portfolio in a highly desirable New Jersey location.

Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 2018
Total area 976 SF
Lot 0.18 ac (7,749 SF)
APN 67 01805-0000-00005
UPID US59-2198282
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Cedar Knolls LLC · 8 yrs held
Cedar Knolls LLC
since 2017
4 recorded transactions
2017
$525,000
2013
$247,000
2004
$365,000
2004
$1
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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