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Middlesex 08820
16 Allison Court
$1,225,000
● House - Off Market

16 Allison Court

Edison, NJ 08820
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$1,227,702
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Highly desired location in North Edison Brick front Cul-De-Sac house offers--Kitchen updated in 2021 has Quartz counter top and high-end kitchen appliances and custom cabinates.5 bedroom, 4.5 bath with extra bedroom in finished basement that has a 2nd kitchen/Cedar closet/full bath. Ideal floor plan, with guest bedroom and full bath on 1st floor. 2 HVAC zones. 2 Story foyer and family room. Two Laundry rooms. Top rated North Edison School.
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,718
HOA Dues
-
Year Built
1992

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 #2210581R)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by WEICHERT CO REALTORS $1,200,000
Listed by WEICHERT CO REALTORS

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 18,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,118
  • Building Area: 3,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,118
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS COURT
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001412

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 82
  • Account Number: 00011476
  • District: 05
  • Parcel: 05 00411-0000-00020
  • Block: 411
  • Lot: 20
  • Municipality: EDISON TWP
  • Latitude: 40.5977
  • Longitude: -74.3677

    Address

  • Full Address: 16 Allison Ct
  • Address - House Number: 16
  • Address - Street Name: Allison
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Edison
  • Carrier Code: C074
  • 4-Digit Zip Code: 1198
  • Zip Code: 08820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,070,915

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,242,168
  • High Value: 1,348,657
  • Low Value: 1,135,679

    Market Valuation

  • Market Total Value: $363,000
  • Market Land Value: $114,000
  • Market Improvement Value: $249,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,000
  • Assessed Land Value: $114,000
  • Assessed Improvements Value: $249,000

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 68593
  • Previous Sale Recording Date: May 27, 1992
  • Previous Sale Contract Date: May 27, 1992
  • Previous Sale Amount: $356,500
  • 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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1601 ft²

Average Home Age

29.4 years

Currently For Sale

2757 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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CJMLS

Listed by: TRUSHA SONI
WEICHERT CO REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2210581R

Frequently Asked Questions

When was property at 16 Allison Court built and last sold?
The property at 16 Allison Court was built in 1992 and last sold on Jul 7, 2022 for $1,225,000.
How much is this home worth?
The estimated value of the home located at 16 Allison Court is $0.
What are some comparable homes to 16 Allison Court?
There are currently no comparable homes to 16 Allison Court.
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