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SOLD 24 2019

321 Florence Ave

Hillside, NJ

$276,000

Residential

Property Type

Tax Assessment Analysis

Sale Price

$276,000

Total Assessed

$40,600

Sale vs. Assessed

+$235,400 (+579.8%)

Land Value

$33,300

Building Value

$73,900

Hillside Market Overview

$461,000

Median Price

143

Total Sales

+6.1%

Year over Year

Seller's

Market Type

📊 Investment Analysis

$1,932

Est. Monthly Rent

$1,990

Est. Mortgage

6.71% · 20% down

-$58

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.

🏘 Hillside Neighborhood Guide

Walk Score

Very Walkable

Min to NYC

Direct train

Elizabeth Station (2 miles)

Train Station

Northeast Corridor

Neighborhoods in Hillside

Westminster $510,000 to $560,000

Best for: Families, established professionals, religious community seekers

Hillside West $580,000 to $650,000

Best for: International families, multilingual professionals

Kean University Area $520,000 to $590,000

Best for: Academics, young professionals, college adjacent living

Hollywood Heights $520,000 to $590,000

Best for: Established families, transit dependent commuters

Hillside North $450,000 to $495,000

Best for: Budget conscious families, public transit users, multicultural communities

Hillside Hills $380,000 to $480,000

Best for: Families with children, first time homebuyers

North Avenue Corridor $350,000 to $430,000

Best for: First time buyers, seniors, budget conscious families

Liberty Avenue Corridor $380,000 to $520,000

Best for: Investors, entrepreneurs, cosmopolitan professionals

Conant Street/Central $400,000 to $480,000

Best for: History enthusiasts, community oriented families, park lovers

Route 22/Bloy Street Gateway $350,000 to $500,000

Best for: Commuters, airport workers, highway access seekers

Hillside is a township of 23,000 residents in Union County where five continents meet on a single stretch of Liberty Avenue. Founded in 1913 when it separated from Union Township, this 5.5 square mile community has become one of the most culturally diverse places in New Jersey, with 37% of residents...

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