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SOLD 24 2005

1409 Prospect Dr

Linden, NJ

$660,000

Residential

Property Type

Tax Assessment Analysis

Sale Price

$660,000

Total Assessed

$66,300

Sale vs. Assessed

+$593,700 (+895.5%)

Land Value

$63,000

Building Value

$129,300

Linden Market Overview

$500,000

Median Price

305

Total Sales

+11.3%

Year over Year

Seller's

Market Type

📊 Investment Analysis

$4,620

Est. Monthly Rent

$4,758

Est. Mortgage

6.71% · 20% down

-$138

Monthly Cash Flow

8.4%

Cap Rate

-1.3%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 6.71% interest rate, 20% down payment. For illustrative purposes only.

🏘 Linden Neighborhood Guide

Walk Score

Very Walkable

Min to NYC

Direct train

Linden Station

Train Station

Northeast Corridor + North Jersey Coast Line

Neighborhoods in Linden

Sunnyside $450,000 to $550,000

Best for: Families, retirees, peaceful residential living

Grasselli/Tremley $625,000 to $700,000

Best for: Working professionals, investors, waterfront seekers

Woodlawn $440,000 to $540,000

Best for: Families with children, walkable neighborhood seekers

Linden Center/Downtown $350,000 to $450,000

Best for: Commuters, urban dwellers, first time buyers

Tremley Point $420,000 to $520,000

Best for: Families, retirees, quiet suburban living

Bayway $380,000 to $480,000

Best for: Value buyers, investors, industrial area workers

Aviation Plaza $415,000 to $515,000

Best for: Shopping convenience, commercial area workers

South Wood Avenue $430,000 to $530,000

Best for: Community oriented residents, active neighborhood seekers

West Linden $460,000 to $560,000

Best for: Commuters, suburban families, highway access priority

East Linden $385,000 to $475,000

Best for: Airport workers, renovation buyers, commuters

Linden is a city of 44,000 residents in Union County, New Jersey, with a rich industrial heritage and a direct 39 minute train ride to NYC Penn Station. Established in 1861 from portions of Elizabeth, Rahway, and Union Township, and named after the linden trees German settlers brought to the area, i...

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