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Helmetta 08828
1 Railroad Avenue
$258,000
● House - Off Market

1 Railroad Avenue

Helmetta, NJ 08828
bedrooms
4 Beds
bathrooms
3 Baths
$593,417
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Lovely Victorian home offering spacious rooms, high ceilings, decorative moldings, tray ceiling, wood and marble floors. Cedar siding. Large kitchen with custom cabinets and center island. 2 zone new furnaces & 2 HW heaters. Walkup finishable attic. Short walk to Helmetta pond and park. A/C not operable.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1907

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (CJMLS #212520)

Price History

Date / Event Date Event Price
Sep 10, 2012 Sold
Premium
Sold
Apr 1, 2012 Listed by DAVIS REALTORS $275,000
Listed by DAVIS REALTORS

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,120
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,948
  • Building Area: 2,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Spotswood Borough School District
  • Census Tract: 008103

Zoning

  • Zoning: R5

Geography

  • District: 06
  • Parcel: 06 00016-0000-00013
  • Block: 16
  • Lot: 13
  • Municipality: HELMETTA BORO
  • Latitude: 40.3755
  • Longitude: -74.4273

    Address

  • Full Address: 1 Railroad Ave
  • Address - House Number: 1
  • Address - Street Name: Railroad
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Helmetta
  • Carrier Code: R081
  • 4-Digit Zip Code: 1022
  • Zip Code: 08828

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $918,495

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 538,664
  • High Value: 644,244
  • Low Value: 433,085

    Market Valuation

  • Market Total Value: $284,100
  • Market Land Value: $118,600
  • Market Improvement Value: $165,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,100
  • Assessed Land Value: $118,600
  • Assessed Improvements Value: $165,500

    Sales

  • Current Sale Contract Date: Sep 08, 2012
  • Current Sale Recording Date: Sep 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201209210585
  • Previous Sale Recording Date: Oct 10, 1996
  • Previous Sale Contract Date: Sep 30, 1996
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Helmetta

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1225 ft²

Average Home Age

45.9 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 50 E Sedgwick Street, Monroe, NJ, 08831

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,868 ft²
50 E Sedgwick Street, Monroe, NJ, 08831 Listing by TERESA M. BARBA

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: RENEE GAST
DAVIS REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 212520

Frequently Asked Questions

When was property at 1 Railroad Avenue built and last sold?
The property at 1 Railroad Avenue was built in 1907 and last sold on Sep 8, 2012 for $238,249.
How much is this home worth?
The estimated value of the home located at 1 Railroad Avenue is $277,750.
What are some comparable homes to 1 Railroad Avenue?
There are currently no comparable homes to 1 Railroad Avenue.
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