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South River 08882
18 Redwick Way
$455,000
● House - Off Market

18 Redwick Way

South River, NJ 08882
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$681,069
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Location, convenience and charm! Partial Brick Colonial with open foyer, newly installed wood Floor, specious kitchen with center island & granite counter-top. White vinyl fenced backyard, brick paver patio, shed, sprinkler system, Recessed lights,Large Kitchen with center island. Two-zone heat. Bright and Airy! Easy commute to all major highways and all shopping. Great buy! See it today!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1999

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 #2000263)

Price History

Date / Event Date Event Price
Oct 28, 2019 Sold
Premium
Sold
Jul 4, 2019 Listed by VICKY HSU REALTORS $465,000
Listed by VICKY HSU REALTORS

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 10,454
  • Total Building Area: 2,380
  • Building Area: 2,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINAL PLAT OF RIVER EDGE ESTATES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: South River Borough School District
  • Census Tract: 007000

Zoning

  • Zoning: R100

Geography

  • District: 23
  • Parcel: 23 00365-0000-00001- 08
  • Block: 365
  • Lot: 1.08
  • Municipality: SOUTH RIVER BORO
  • Latitude: 40.4315
  • Longitude: -74.3645

    Address

  • Full Address: 18 Redwick Way
  • Address - House Number: 18
  • Address - Street Name: Redwick
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: South River
  • Carrier Code: C014
  • 4-Digit Zip Code: 2611
  • Zip Code: 08882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,179,280

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 662,002
  • High Value: 777,898
  • Low Value: 546,106

    Market Valuation

  • Market Total Value: $485,700
  • Market Land Value: $192,500
  • Market Improvement Value: $293,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,700
  • Assessed Land Value: $192,500
  • Assessed Improvements Value: $293,200

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Nov 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019092553
  • Previous Sale Recording Date: Jun 17, 2014
  • Previous Sale Contract Date: May 29, 2014
  • Previous Sale Amount: $415,000
  • 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 South River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

77

Average Home Size

1381 ft²

Average Home Age

76.8 years

Currently For Sale

32 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 215 Washington Road, NJ, 08872

$7,499 /mo

  • Studio
  • 1 Bath
  • 3,100 ft²
215 Washington Road, NJ, 08872 Listing by NICHOLAS BOULTON

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: CHING WEN HSU
VICKY HSU REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2000263

Frequently Asked Questions

When was property at 18 Redwick Way built and last sold?
The property at 18 Redwick Way was built in 1999 and last sold on Oct 28, 2019 for $455,000.
How much is this home worth?
The estimated value of the home located at 18 Redwick Way is $0.
What are some comparable homes to 18 Redwick Way?
There are currently no comparable homes to 18 Redwick Way.
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