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Middlesex
1007 Hoover Drive
$668,000
● House - Off Market

1007 Hoover Drive

North Brunswick, NJ 08902
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$631,443
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Highest and Best due by 5:00 PM on Sunday July 9, 2023.Coming Soon. Showings start on July 1, 2023. Showings start Saturday July 1, 2023, from 12:00 noon to 4:00 PM. True 5-bedroom home. Full unfinished basement with ample height to be finished. Brand new hot water heater. The dishwasher, microwave and right-side garage door opener are not working and being sold as is.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,118
HOA Dues
-
Year Built
1970

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 #2313924R)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Jul 28, 2023 In contract -
In contract
Jun 21, 2023 Listed by C21 CHARLES SMITH AGENCY, INC $635,000
Listed by C21 CHARLES SMITH AGENCY, INC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,464
  • Building Area: 2,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: North Brunswick Township School District
  • Census Tract: 006206

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 75
  • District: 14
  • Parcel: 14 00262-0000-00043
  • Block: 262
  • Lot: 43
  • Municipality: NORTH BRUNSWICK TWP
  • Latitude: 40.456
  • Longitude: -74.4532

    Address

  • Full Address: 1007 Hoover Dr
  • Address - House Number: 1007
  • Address - Street Name: Hoover
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: North Brunswick
  • Carrier Code: C091
  • 4-Digit Zip Code: 3220
  • Zip Code: 08902

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,341,432

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 684,079
  • High Value: 807,852
  • Low Value: 560,306

    Market Valuation

  • Market Total Value: $223,200
  • Market Land Value: $73,600
  • Market Improvement Value: $149,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,200
  • Assessed Land Value: $73,600
  • Assessed Improvements Value: $149,600

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 54719
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 Middlesex

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1348 ft²

Average Home Age

34 years

Currently For Sale

1894 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 49 Ochs Avenue, Milltown, NJ, 08850

$4,500 /mo

  • 3 Beds
  • 2 Baths
49 Ochs Avenue, Milltown, NJ, 08850 Listing by ANTHONY R. DISANO

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: MITCHELL SCHANEN
C21 CHARLES SMITH AGENCY, INC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2313924R

Frequently Asked Questions

When was property at 1007 Hoover Drive built and last sold?
The property at 1007 Hoover Drive was built in 1970 and last sold on Aug 28, 2023 for $668,000.
How much is this home worth?
The estimated value of the home located at 1007 Hoover Drive is $641,350.
What are some comparable homes to 1007 Hoover Drive?
There are currently no comparable homes to 1007 Hoover Drive.
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