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Old Bridge 08857
2 Nicholas Drive
$148,964
● House - Off Market

2 Nicholas Drive

Old Bridge, NJ 08857
bedrooms
2 Beds
bathrooms
2 Baths
$308,376
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

Come and make this cozy ranch your home! Perfect for the first time home buyer, investor or retiree! Corner property in nice neighborhood!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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: 2 years ago (MOMLS #21327000)

Price History

Date / Event Date Event Price
Mar 25, 2021 Sold
Premium
Sold
Jan 25, 2021 Listed by Ellen Rosenbaum Real Estate $349,900
Listed by Ellen Rosenbaum Real Estate
ABSOLUTELY Mint Move-In Ranch JUST UNPACK & ENJOY THIS GORGEOUS HOME*Spacious Spectacular Eat-In-Kitchen W/Granite Counters, Marble Backsplash,SS Appliances*2 Bedrooms*2 Full Bathrooms*Spacious Sunroom*Lovely Decor*Fully Finished Basement W/Family Room, 3rd Bedroom, Laundry*Newer Roof & Siding*Replaced Windows*2-Car Asphalt Driveway*Corner Lot W/Newer Paved Patio*Fully Fenced Clean Yard*Excellent Condition*Pulldown Attic Stairs To Full Attic*YOU'LL LOVE THIS HOME
Sep 25, 2015 Sold
Premium
Sold
Jul 22, 2015 Listed by ERA Central Realty Group $269,900
Listed by ERA Central Realty Group
Feb 27, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • 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: 8,342
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 860
  • Total Building Area: 969
  • Building Area: 969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDEAL COMMUNITY HOMES SEC 02
  • Land Acres: 0000000192
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007704

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1912
  • Account Number: 15425000
  • District: 15
  • Parcel: 15 19018-0000-00001
  • Block: 19018
  • Lot: 1
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3878
  • Longitude: -74.3567

    Address

  • Full Address: 2 Nicholas Dr
  • Address - House Number: 2
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C003
  • 4-Digit Zip Code: 1518
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $618,752

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 450,815
  • High Value: 530,110
  • Low Value: 371,520

    Market Valuation

  • Market Total Value: $116,900
  • Market Land Value: $47,800
  • Market Improvement Value: $69,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,900
  • Assessed Land Value: $47,800
  • Assessed Improvements Value: $69,100

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021045594
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: May 10, 2019
  • Previous Sale Document Type: 40
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:

$647,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1639 ft²

Average Home Age

60.4 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 172 Main Street, East Brunswick, NJ, 08816

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 2,160 ft²
172 Main Street #APTA, East Brunswick, NJ, 08816 Listing by FEI YEN
Unit for rent at 15 Cleveland Avenue, East Brunswick, NJ, 08816

$2,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
15 Cleveland Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ann Marie Konko, Weichert Realtors-Manalapan
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21327000
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2 Nicholas Drive built and last sold?
The property at 2 Nicholas Drive was built in 1958 and last sold on Mar 23, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 2 Nicholas Drive is $0.
What are some comparable homes to 2 Nicholas Drive?
There are currently no comparable homes to 2 Nicholas Drive.
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