53 Crst St Westwood, NJ 07675-3183
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.