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Middlesex
2 Weber Road
$460,000
● House - Off Market

2 Weber Road

North Brunswick, NJ 08902
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$2,914
Est. Monthly
8.64%
Cap Rate

About This Property

Wow! Completely renovated SPACIOUS, beautiful home! This house boast upgrades, upgrades, upgrades! This gem won't last! New Quartz countertops, new stainless steel appliances, new kitchen cabinets, refinished hardwood flooring throughout, new roof, new windows. New hvac system, new hot water tank, Freshly painted . Open oversized living area. On a very quiet street.. Desirable friendly neighborhood minutes from Route 18 & NJ TPKE. Located in close proximity to transportation, entertainment, shopping, and dining.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$582
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: 3 years ago (CJMLS #2403872R)

Price History

Date / Event Date Event Price
Jan 4, 2024 Sold
Premium
Sold
Nov 14, 2023 In contract -
In contract
Nov 2, 2023 Price Decreased $474,900
↓ $25K (5%)
Price Decreased
Sep 29, 2023 Listed by REALMART REALTY LLC $499,900
Listed by REALMART REALTY LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 5,050
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 889
  • Building Area: 889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 889
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH BRUNSWICK GARDENS
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: North Brunswick Township School District
  • Census Tract: 006103

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 14
  • Parcel: 14 00095-0000-00002
  • Block: 95
  • Lot: 2
  • Municipality: NORTH BRUNSWICK TWP
  • Latitude: 40.4685
  • Longitude: -74.4722

    Address

  • Full Address: 2 Weber Rd
  • Address - House Number: 2
  • Address - Street Name: Weber
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: North Brunswick
  • Carrier Code: C083
  • 4-Digit Zip Code: 1822
  • Zip Code: 08902

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $697,761

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 404,212
  • High Value: 476,039
  • Low Value: 332,385

    Market Valuation

  • Market Total Value: $116,100
  • Market Land Value: $51,200
  • Market Improvement Value: $64,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,100
  • Assessed Land Value: $51,200
  • Assessed Improvements Value: $64,900

    Sales

  • Current Sale Contract Date: Jan 04, 2024
  • Current Sale Recording Date: Jan 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1595
  • Previous Sale Recording Date: Jun 30, 2023
  • Previous Sale Contract Date: May 03, 2023
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 68
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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1590 ft²

Average Home Age

30.4 years

Currently For Sale

2868 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 171 N Main Street Se, Milltown, NJ, 08850

$3,800 /mo

  • 3 Beds
  • 2 Baths
171 N Main Street Se, Milltown, NJ, 08850 Listing by KATTY VELEZ

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: QIZHAN JACK YAO
REALMART REALTY LLC
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2403872R

Frequently Asked Questions

When was property at 2 Weber Road built and last sold?
The property at 2 Weber Road was built in 1949 and last sold on Jan 4, 2024 for $460,000.
How much is this home worth?
The estimated value of the home located at 2 Weber Road is $0.
What are some comparable homes to 2 Weber Road?
There are currently no comparable homes to 2 Weber Road.
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