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Old Bridge 08857
2 Emerson Lane
Photo of 2 Emerson Lane
Sold on May 28, 2024

33

Map

Photo of 2 Emerson Lane
Photo of 2 Emerson Lane
$516,000
● House - Off Market

2 Emerson Lane

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$2,901
Est. Monthly

About This Property

2 Story colonial with many upgrades in a great neighborood; close to schools, shopping, and houses of worship. Large rooms, many upgrades including some new wood floors, painting throughout, high hat lighting, newer windows, vinyl siding, WIC, and much more. Home has been lovingly taken care of. Nice Deck, Pictures to follow.
Unit Size
1,352 Ft²
Days on Market
72 days
Land Size
0.15 acres
Price per sqft
$359
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1954

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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: 3 months ago (CJMLS #2354049M)

Price History

Date / Event Date Event Price
Apr 17, 2025 Sold
Premium
Sold
Mar 12, 2025 In contract -
In contract
Feb 23, 2025 Listed by J.J. ELEK REALTY CO. $559,999
Listed by J.J. ELEK REALTY CO.
WOW!! Come see this Stunning newly renovated home Brand New Heating and Cooling. Close to all major highways and transportation hubs. Opportunity Awaits *** ACT FAST!!
May 28, 2024 Sold
Premium
Sold
Apr 3, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007804

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1821
  • Account Number: 14317000
  • District: 15
  • Parcel: 15 18045-0000-00050
  • Block: 18045
  • Lot: 50
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4055
  • Longitude: -74.351

    Address

  • Full Address: 2 Emerson Ln
  • Address - House Number: 2
  • Address - Street Name: Emerson
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 1620
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $608,695

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 493,087
  • High Value: 535,359
  • Low Value: 450,816

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $50,000
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $65,000

    Sales

  • Current Sale Contract Date: Apr 29, 1961
  • Current Sale Recording Date: Apr 29, 1961
  • Current 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 Old Bridge

Stats & Trends

Median Asking:

$642,000

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1662 ft²

Average Home Age

59.7 years

Currently For Sale

50 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 4 Main Street, East Brunswick, NJ, 08816

$3,450 /mo

  • 4 Beds
  • 2 Baths
4 Main Street, East Brunswick, NJ, 08816 Listing by PAUL MIKHAIL
Unit for rent at 180 Main Street, East Brunswick, NJ, 08816

$2,750 /mo

  • 4 Beds
  • 1 Bath
180 Main Street, East Brunswick, NJ, 08816 Listing by YONGLIAN ZHANG
Unit for rent at 13 Sheridan Avenue, East Brunswick, NJ, 08816

$3,525 /mo

  • 4 Beds
  • 2 Baths
  • 1,206 ft²
13 Sheridan Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: STEPHEN G. BRADSHAW
COLDWELL BANKER REALTY
Last Updated: 3 months ago
Data Source: CJMLS , MLS# 2354049M

Frequently Asked Questions

When was property at 2 Emerson Lane built and last sold?
The property at 2 Emerson Lane was built in 1954 and last sold on Apr 29, 1961 for $0.
How much is this home worth?
The estimated value of the home located at 2 Emerson Lane is $562,216.
What are some comparable homes to 2 Emerson Lane?
There are currently no comparable homes to 2 Emerson Lane.
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