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Madison Park 08859
155 Princeton Road
$327,000
● House - Off Market

155 Princeton Road

Parlin, NJ 08859
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$541,894
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Two separate  living spaces in this Madison Park Ranch! The main section has 3 BDRM 1.5 Baths with formal dining room and partially finished basement. Separate living space has 1 Bed 1 full Bath, living room and kitchen. Newer windows, roof, and 3 yr old deck. Perfect home with lots of space for multi use. Close to schools, highways & transportation
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1955

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: 3 years ago (MOMLS #21705460)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
Feb 13, 2017 Listed by Weichert Realtors-Old Bridge $339,000
Listed by Weichert Realtors-Old Bridge

Property Highlights

Air Conditioning

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: 7,676
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,759
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MADISON PARK
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007905

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 5.21
  • Account Number: 04931000
  • District: 15
  • Parcel: 15 05000- 24-00009
  • Block: 5000.24
  • Lot: 9
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4517
  • Longitude: -74.3027

    Address

  • Full Address: 155 Princeton Rd
  • Address - House Number: 155
  • Address - Street Name: Princeton
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Parlin
  • Carrier Code: C006
  • 4-Digit Zip Code: 1277
  • Zip Code: 08859

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $816,376

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 538,387
  • High Value: 630,285
  • Low Value: 446,489

    Market Valuation

  • Market Total Value: $147,600
  • Market Land Value: $50,200
  • Market Improvement Value: $97,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,600
  • Assessed Land Value: $50,200
  • Assessed Improvements Value: $97,400

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201707200432
  • Previous Sale Recording Date: Sep 15, 2003
  • Previous Sale Contract Date: Jul 22, 2003
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Madison Park

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$414

Above Asking

0.00%

Average Days on Market

50

Average Home Size

980 ft²

Average Home Age

70.7 years

Currently For Sale

7 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 518 Orchard Place, South Amboy, NJ, 08879

$4,200 /mo

  • 4 Beds
  • 1 Bath
518 Orchard Place, South Amboy, NJ, 08879 Listing by SARA MEMON
Unit for rent at 140 Coolidge Avenue, Sayreville, NJ, 08859

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,778 ft²
140 Coolidge Avenue, Sayreville, NJ, 08859 Listing by CLAUDIA DIEZ

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christina Crupi-Lyons, Weichert Realtors-Old Bridge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21705460
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 155 Princeton Road built and last sold?
The property at 155 Princeton Road was built in 1955 and last sold on Jul 6, 2017 for $327,000.
How much is this home worth?
The estimated value of the home located at 155 Princeton Road is $342,390.
What are some comparable homes to 155 Princeton Road?
There are currently no comparable homes to 155 Princeton Road.
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