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South Plainfield 07080
171 Baker Avenue
$221,500
● House - Off Market

171 Baker Avenue

South Plainfield, NJ 07080
bedrooms
4 Beds
bathrooms
2 Baths
$380,151
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Four bedroom Cape Cod located on a really nice street! Roomy inside with a family size backyard. New paint and carpet and ready to move in. This property is eligible under the Freddie Mac First Look Initiative through 12/31/13
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1959

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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 #1408719)

Price History

Date / Event Date Event Price
Jul 14, 2014 Sold
Premium
Sold
Dec 11, 2013 Listed by AMERICAN REALTY SERVICE GROUP, $204,900
Listed by AMERICAN REALTY SERVICE GROUP,

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAINFIELD AVE & SHERMAN AVE H
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: South Plainfield Borough School District
  • Census Tract: 000801

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 22
  • Parcel: 22 00016-0000-00034
  • Block: 16
  • Lot: 34
  • Municipality: SOUTH PLAINFIELD BORO
  • Latitude: 40.5958
  • Longitude: -74.427

    Address

  • Full Address: 171 Baker Ave
  • Address - House Number: 171
  • Address - Street Name: Baker
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: South Plainfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2204
  • Zip Code: 07080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,099

    Appraisal Valuation

  • Standard Deviation: 0.1957
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 441,900
  • High Value: 528,419
  • Low Value: 355,382

    Market Valuation

  • Market Total Value: $96,300
  • Market Land Value: $29,700
  • Market Improvement Value: $66,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,300
  • Assessed Land Value: $29,700
  • Assessed Improvements Value: $66,600

    Sales

  • Current Sale Contract Date: Jun 20, 2014
  • Current Sale Recording Date: Jul 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201407230105
  • Previous Sale Recording Date: Nov 21, 2013
  • Previous Sale Contract Date: Sep 04, 2013
  • Previous Sale Document Type: 64
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 South Plainfield

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$345

Below Asking

0.01%

Average Days on Market

76

Average Home Size

889 ft²

Average Home Age

53.2 years

Currently For Sale

54 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 208 W 7th St, Plainfield City, 07060-1532

$3,250 /mo

  • 3 Beds
  • 2 Baths
208 W 7th St #2D, Plainfield City, 07060-1532 Listing by ASANTE BALAAM
Unit for rent at 931 Lewis Avenue, Plainfield City, 07063-1523

$3,200 /mo

  • 3 Beds
  • 2 Baths
931 Lewis Avenue, Plainfield City, 07063-1523 Listing by MONICA I. HENRIQUES

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: PATRICK FOX
AMERICAN REALTY SERVICE GROUP,
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1408719

Frequently Asked Questions

When was property at 171 Baker Avenue built and last sold?
The property at 171 Baker Avenue was built in 1959 and last sold on Jun 20, 2014 for $221,500.
How much is this home worth?
The estimated value of the home located at 171 Baker Avenue is $206,949.
What are some comparable homes to 171 Baker Avenue?
There are currently no comparable homes to 171 Baker Avenue.
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