Essex
19 Philip Drive
Listed by: Jason Failla, [email protected], Century 21 The Crossing, (973) 227-7000, Listing Courtesy of NJMLS
$955,000
●
House -
Off Market
19 Philip Drive
Fairfield, NJ 07004
4 Beds
3 Baths
$5,521
Est. Monthly
3.82%
Cap Rate
About This Property
Introducing your ultimate sanctuary of modern living! This
completely renovated home not only presents a stunning upper level
but also boasts an incredible walk-out lower level. Step inside to
discover an expansive layout flooded with natural light, hardwood
floors and modern details throughout . The sleek, chef-inspired
kitchen beckons with its premium appliances including Bertazzoni
range & fridge, Sharp microwave & Thermador dishwasher, gold
fixtures & farmhouse sink. The master suite promises a tranquil
escape with a walk-in closet and its incredible private bath w/dual
sinks & rain shower. Three additional bedrooms offer versatility
for family or guests. The walk-out lower level offers a vast family
room providing ample space for entertainment and relaxation
w/luxury vinyl plank flooring & full bathroom for convenience. The
mudroom and laundry area ensure practicality without sacrificing
style. Outside, the expansive deck invites you to unwind looking
over your large yard!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$831
HOA Dues
-
Year Built
1961
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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: 3 years ago (NJMLS #24004558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Price Decreased |
$899,900
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Feb 24, 2024 | Price Decreased |
$949,900
↓ $50K
(5%) | |
| Price Decreased | |||
| Feb 15, 2024 | Listed by Century 21 The Crossing | $999,900 | |
| Listed by Century 21 The Crossing | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
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Listed by: Jason Failla
Century 21 The Crossing
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24004558
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Century 21 The Crossing
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24004558
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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