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Old Bridge 08857
16 Rittner Lane
$364,000
● House - Off Market

16 Rittner Lane

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
2 Baths
$580,013
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Lovely split in sought out Sayrewoods South - Features include updated kitchen with granite counters, two full baths, hardwood floors, lovely family room with sliders to fenced in back yard.  One Year Home Warranty.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$583
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: 4 years ago (CJMLS #1801347)

Price History

Date / Event Date Event Price
Oct 16, 2017 Sold
Premium
Sold
Jul 23, 2017 Listed by RE/MAX DREAMS $364,900
Listed by RE/MAX DREAMS
Feb 26, 2009 Sold
Premium
Sold
Nov 15, 2008 Listed by RE/MAX CENTRAL $384,900
Listed by RE/MAX CENTRAL
Beautifully maintainted home, newer kitchen and baths. Granite counters, maple cabinets, wood floors. Replaced windows, HWH, heat & C/A. Fenced yard, huge deck, pool, vinyl shed. Sold AS-IS CO responsibility of buyer. Nothing to do ...great house

Property Highlights

Air Conditioning
Garage

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
  • 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: 8,118
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,529
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,529
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007806

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1512
  • Account Number: 10261000
  • District: 15
  • Parcel: 15 15505-0000-00845
  • Block: 15505
  • Lot: 845
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3995
  • Longitude: -74.3112

    Address

  • Full Address: 16 Rittner Ln
  • Address - House Number: 16
  • Address - Street Name: Rittner
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C023
  • 4-Digit Zip Code: 2323
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $796,764

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 576,553
  • High Value: 676,286
  • Low Value: 476,821

    Market Valuation

  • Market Total Value: $148,900
  • Market Land Value: $64,700
  • Market Improvement Value: $84,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,900
  • Assessed Land Value: $64,700
  • Assessed Improvements Value: $84,200

    Sales

  • Current Sale Contract Date: Feb 26, 2009
  • Current Sale Recording Date: Mar 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2009 001818
  • Previous Sale Recording Date: Aug 02, 2001
  • Previous Sale Contract Date: Jun 28, 2001
  • Previous Sale Amount: $229,900
  • 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 Old Bridge

Stats & Trends

Median Asking:

$637,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1677 ft²

Average Home Age

58.2 years

Currently For Sale

38 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 84 Diamond Lane, Old Bridge, NJ, 08857

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,293 ft²
84 Diamond Lane, Old Bridge, NJ, 08857 Listing by KAREN MOSES
Unit for rent at 23 Cloister Court Court, Old Bridge, NJ, 08857

$3,100 /mo

  • Studio
  • 2 Baths
  • 1,676 ft²
23 Cloister Court Court, Old Bridge, NJ, 08857 Listing by GHAZZALEH KHOSRAVI-SICHANI

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: SUSAN GIACCHI
RE/MAX DREAMS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1801347

Frequently Asked Questions

When was property at 16 Rittner Lane built and last sold?
The property at 16 Rittner Lane was built in 1958 and last sold on Feb 26, 2009 for $360,000.
How much is this home worth?
The estimated value of the home located at 16 Rittner Lane is $0.
What are some comparable homes to 16 Rittner Lane?
There are currently no comparable homes to 16 Rittner Lane.
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