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Old Bridge 08857
2 Wabash Place
$714,370
● House - Off Market

2 Wabash Place

Old Bridge, NJ 08857
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,057 Ft²
$4,396
Est. Monthly
11.16%
Cap Rate

About This Property

Expanded Split Level in Madison Heights Neighborhood*5 Bedrooms on Top Level*6th Bedroom/Office 1st Floor* Huge Corner Property 85x170x110x133*Inground Pool*  All Replaced Windows, Including Bay Windows*2 Full Modern Bathrooms*Gorgeous Eat-n-Kitchen w/Corian,42Maple Cabinets, Separate Breakfast Area*Back Staircase from Kitchen to Family Rm* Pella Slider to Gorgeous Backyard w/Covered Patio, Gardens, Pool, Huge Lawn*1-Car-Garage*Basement w/Laundry, Storage, Utilities*Recessed Lights*UGSprinklers*Hardwood Flrs Refinished*Ceramic Tile in Foyer & Kitchen*Floor Plan Offers Multi-Family Potential*Addition & All Upgrades Done w/Permits*Replaced Furnace & Central Air*Property goes Beyond the Fence*Double Blacktop Driveway in Great Shape*Security System* Wow!!
Unit Size
2,057 Ft²
Days on Market
86 days
Land Size
0.33 acres
Price per sqft
$348
Property Type
House
Property Taxes
$885
HOA Dues
-
Year Built
1965

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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 (CJMLS #2511735R)

Price History

Date / Event Date Event Price
Jul 11, 2025 Sold
Premium
Sold
May 8, 2025 In contract -
In contract
Apr 9, 2025 Listed by ELLEN ROSENBAUM REAL ESTATE $715,000
Listed by ELLEN ROSENBAUM REAL ESTATE

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 200
  • 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: 14,450
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,057
  • Building Area: 2,057
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,057
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD SEC 06
  • Land Acres: 0000000332
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007806

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 1516
  • Account Number: 11320000
  • District: 15
  • Parcel: 15 15540-0000-00012
  • Block: 15540
  • Lot: 12
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.402
  • Longitude: -74.3306

    Address

  • Full Address: 2 Wabash Pl
  • Address - House Number: 2
  • Address - Street Name: Wabash
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C026
  • 4-Digit Zip Code: 1874
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $995,084

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 651,157
  • High Value: 773,258
  • Low Value: 529,055

    Market Valuation

  • Market Total Value: $188,000
  • Market Land Value: $74,800
  • Market Improvement Value: $113,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,000
  • Assessed Land Value: $74,800
  • Assessed Improvements Value: $113,200

    Sales

  • Current Sale Contract Date: Oct 29, 2007
  • Current Sale Recording Date: Nov 08, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2007 017308
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

$372

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1694 ft²

Average Home Age

59.7 years

Currently For Sale

49 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

Rentals Near You

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CJMLS

Listed by: ELLEN ROSENBAUM
ELLEN ROSENBAUM REAL ESTATE
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2511735R

Frequently Asked Questions

When was property at 2 Wabash Place built and last sold?
The property at 2 Wabash Place was built in 1965 and last sold on Oct 29, 2007 for $450,000.
How much is this home worth?
The estimated value of the home located at 2 Wabash Place is $0.
What are some comparable homes to 2 Wabash Place?
There are currently no comparable homes to 2 Wabash Place.
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