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Fords 08863
2 Olive Street
Photo of 2 Olive Street
Sold on Jun 23, 2026

25

Map

Photo of 2 Olive Street
Photo of 2 Olive Street
$494,000
● House - Off Market

2 Olive Street

Fords, NJ 08863
bedrooms
3 Beds
bathrooms
1 Bath
$3,067
Est. Monthly

About This Property

Welcome to this delightful ranch-style home located in the desirable Fords section of Woodbridge Township, NJ  a community known for its convenient access to transportation, shopping, dining, and major highways including the Garden State Parkway and NJ Turnpike. This well-maintained property offers a comfortable living space on a generous 4,950 sq ft lot, perfect for first-time buyers, downsizers, or investors. The property also has a big basement which can be used for additional storage, recreation with access to the backyard. The roof and the sidings are brand new with a 10-year labor and warranty from the manufacturer. The boiler is less than 5 years old and has been recently serviced for an added peace of mind. This home is move in ready and awaiting its new owners. Please note that the owner is a licensed real estate agent. Showings will start 3/6.
Unit Size
-
Days on Market
109 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$661
HOA Dues
-
Year Built
1949

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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 months ago (CJMLS #2611592R)

Price History

Date / Event Date Event Price
Jun 23, 2026 Sold
Premium
Sold
Apr 16, 2026 In contract -
In contract
Apr 1, 2026 Relisted $489,900
Relisted
Mar 22, 2026 No longer available -
No longer available
Mar 4, 2026 Listed by J.J. ELEK REALTY CO. $489,900
Listed by J.J. ELEK REALTY CO.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 4,950
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 500
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 10

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 003203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 9
  • Account Number: 1007
  • District: 25
  • Parcel: 25 00013- 06-00009- 02
  • Block: 13.06
  • Lot: 9.02
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5287
  • Longitude: -74.3035

    Address

  • Full Address: 2 Olive St
  • Address - House Number: 2
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Fords
  • Carrier Code: C001
  • 4-Digit Zip Code: 2218
  • Zip Code: 08863

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $724,090

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 398,982
  • High Value: 466,019
  • Low Value: 331,945

    Market Valuation

  • Market Total Value: $60,700
  • Market Land Value: $21,800
  • Market Improvement Value: $38,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,700
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $38,900

    Sales

  • Current Sale Contract Date: Jan 15, 1960
  • Current Sale Recording Date: Jan 15, 1960
  • 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 Fords

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1011 ft²

Average Home Age

76.9 years

Currently For Sale

33 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 112 Bavrely Hills Terrace, Woodbridge Proper, NJ, 07095

$2,900 /mo

  • 2 Beds
  • 2 Baths
112 Bavrely Hills Terrace #C, Woodbridge Proper, NJ, 07095 Listing by SUKHJINDER SINGH
Unit for rent at 364 Market Street, Perth Amboy, NJ, 08861

$2,300 /mo

  • 3 Beds
  • 1 Bath
364 Market Street #3F, Perth Amboy, NJ, 08861 Listing by ANTHONY HERNANDEZ
Unit for rent at 362 Market Street, Perth Amboy, NJ, 08861

$2,350 /mo

  • 3 Beds
  • 1 Bath
362 Market Street #2F, Perth Amboy, NJ, 08861 Listing by ANTHONY HERNANDEZ

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: JOSEPH DEVIZIO
J.J. ELEK REALTY CO.
Last Updated: 4 months ago
Data Source: CJMLS , MLS# 2611592R

Frequently Asked Questions

When was property at 2 Olive Street built and last sold?
The property at 2 Olive Street was built in 1949 and last sold on Jan 15, 1960 for $0.
How much is this home worth?
The estimated value of the home located at 2 Olive Street is $0.
What are some comparable homes to 2 Olive Street?
There are currently no comparable homes to 2 Olive Street.
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