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Kendall Park 08824
115 New Road
$375,000
● House - Off Market

115 New Road

South Brunswick, NJ 08824
bedrooms
5 Beds
bathrooms
2 Baths
$531,383
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Gorgeous and Spacious 5 bedroom, 2 full bath ranch with a one car attached garage on an oversized corner lot.  Home offers an upgraded kitchen with granite counter top, stainless steel appliances, sliding door to a three season bonus room with additional sliding door leading to patio/yard.  Wood floor and decorative molding in dining room and living room.  Circular driveway with plenty of space for parking.  Large yard with paved patio, great for entertaining.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1958

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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: 3 years ago (MOMLS #22007954)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
Feb 28, 2020 Listed by Coldwell Banker Realty $379,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,447
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: EDGEBROOK

Neighborhood

  • School District Name: South Brunswick Township School District
  • Census Tract: 008403

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 152
  • District: 21
  • Parcel: 21 00329-0000-00014
  • Block: 329
  • Lot: 14
  • Municipality: SOUTH BRUNSWICK TWP
  • Latitude: 40.4087
  • Longitude: -74.5706

    Address

  • Full Address: 115 New Rd
  • Address - House Number: 115
  • Address - Street Name: New
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Kendall Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1132
  • Zip Code: 08824

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $959,070

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 566,577
  • High Value: 677,230
  • Low Value: 455,924

    Market Valuation

  • Market Total Value: $188,200
  • Market Land Value: $77,600
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,200
  • Assessed Land Value: $77,600
  • Assessed Improvements Value: $110,600

    Sales

  • Current Sale Contract Date: Jun 23, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020057979
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Document Type: 40
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 Kendall Park

Stats & Trends

Median Asking:

$757,450

Sale Price/ft²

$362

Below Asking

0.01%

Average Days on Market

74

Average Home Size

1980 ft²

Average Home Age

53.7 years

Currently For Sale

10 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

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MOMMLS

Listed by: Malisa J Bompartito, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22007954
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 115 New Road built and last sold?
The property at 115 New Road was built in 1958 and last sold on Jun 23, 2020 for $375,000.
How much is this home worth?
The estimated value of the home located at 115 New Road is $382,790.
What are some comparable homes to 115 New Road?
There are currently no comparable homes to 115 New Road.
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