18 Foley Avenue
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Compass NJ LLC, Jersey City | $1,100,000 | |
| Listed by Compass NJ LLC, Jersey City | |||
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A true North Edison sprawling Ranch FINALLY hits the market! Set on nearly one full acre 0.82 acres in one of the most highly acclaimed and desirable neighborhoods, four-sided brick ranch offers vast space, solid construction, and exceptional long-term potential. Double front doors open to a formal living room with hardwood floors beneath the carpet and a dedicated dining room. The kitchen features sliding doors to a wood deck, while a separate laundry room offers additional deck access, closet space, and a powder room. The spacious family room showcases wood flooring, two bright windows, and a wood-burning fireplace with a full brick surround. Four bedrooms all feature hardwood flooring, including an oversized primary suite with a full Four bedrooms all feature hardwood flooring, including an oversized primary suite with a full en-suite bath. An additional full bath, foyer, and linen closet complete the layout. Major systems have already been addressed, including a roof, furnace, water heater, and leaf-filter gutters approximately seven years, plus a French drain and sump pump already in place. With sprawling land, possible subdivision opportunities, and convenient access to major commuting routes, shopping, dining, and top-rated amenities, this rare North Edison offering delivers immediate comfort and powerful investment potential. Confirm your private tour today!
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| Apr 21, 2026 | Listed by Compass NJ LLC, Jersey City | $1,295,000 | |
| Listed by Compass NJ LLC, Jersey City | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017