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Old Bridge 08857
14 Pace Street
$261,000
● House - Off Market

14 Pace Street

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
1 Bath
$382,557
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Don't miss the opportunity to own this 3 bedroom home with a full basement on a desirable well-maintained block. This is a Fannie Mae Homepath property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1955

Payment Calculator

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Cap Rate Calculator

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Monthly Property Taxes
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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 #21641432)

Price History

Date / Event Date Event Price
Aug 16, 2017 Sold
Premium
Sold
Oct 31, 2016 Listed by Joseph A Del Forno, Inc $239,900
Listed by Joseph A Del Forno, Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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
  • 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: 6,890
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007704

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1812
  • Account Number: 13741000
  • District: 15
  • Parcel: 15 18014-0000-00023
  • Block: 18014
  • Lot: 23
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3937
  • Longitude: -74.3546

    Address

  • Full Address: 14 Pace St
  • Address - House Number: 14
  • Address - Street Name: Pace
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C005
  • 4-Digit Zip Code: 1522
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $638,865

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 482,692
  • High Value: 571,749
  • Low Value: 393,635

    Market Valuation

  • Market Total Value: $120,700
  • Market Land Value: $45,300
  • Market Improvement Value: $75,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,700
  • Assessed Land Value: $45,300
  • Assessed Improvements Value: $75,400

    Sales

  • Current Sale Contract Date: Aug 15, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201708300330
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Contract Date: Dec 16, 2015
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Old Bridge

Stats & Trends

Median Asking:

$647,000

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1630 ft²

Average Home Age

59.8 years

Currently For Sale

51 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 4 Main Street, East Brunswick, NJ, 08816

$3,450 /mo

  • 4 Beds
  • 2 Baths
4 Main Street, East Brunswick, NJ, 08816 Listing by PAUL MIKHAIL
Unit for rent at 13 Sheridan Avenue, East Brunswick, NJ, 08816

$3,525 /mo

  • 4 Beds
  • 2 Baths
  • 1,206 ft²
13 Sheridan Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Vanna Frosoni, Joseph A Del Forno, Inc
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21641432
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 14 Pace Street built and last sold?
The property at 14 Pace Street was built in 1955 and last sold on Aug 15, 2017 for $261,000.
How much is this home worth?
The estimated value of the home located at 14 Pace Street is $0.
What are some comparable homes to 14 Pace Street?
There are currently no comparable homes to 14 Pace Street.
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