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Port Reading 07064
20 4th Avenue
$345,000
● House - Off Market

20 4th Avenue

Port Reading, NJ 07064
bedrooms
4 Beds
bathrooms
2 Baths
$407,394
RealtyHop Estimate
13.17%
Since Feb 1, 2022
NY-New York
Primary Model

About This Property

Beautiful Home. Sold as is 4 Bedrooms and 2 Full Bathrooms. Full Unfinished Basement (basement has a crack that was evaluated by a professional company and needs to be fixed + Mold in the basement =16k total cost for repairs) 2 Windows in the kitchen don't stay open as is. Furnace & AC 2013. Roof approx. 20 years old. Harwood Floors 1st floor & 1 Bedroom's upstairs. Nice Fenced in Backyard with a large Concrete Patio. Concrete Driveway fits up to 2 cars. Close to Train and all Highways 287,Turnpike,garden state & RT 1/9. Great schools & community.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1953

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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 years ago (CJMLS #2207042R)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Dec 3, 2021 Listed by FOX & FOXX REALTY, LLC $360,000
Listed by FOX & FOXX REALTY, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 982
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 982
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 002901

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 82
  • Account Number: 24201
  • District: 25
  • Parcel: 25 00637-0000-00245
  • Block: 637
  • Lot: 245
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5634
  • Longitude: -74.2624

    Address

  • Full Address: 20 4th Ave
  • Address - House Number: 20
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Port Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2004
  • Zip Code: 07064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $782,130

    Appraisal Valuation

  • Standard Deviation: 0.1903
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 424,397
  • High Value: 505,189
  • Low Value: 343,605

    Market Valuation

  • Market Total Value: $62,000
  • Market Land Value: $18,000
  • Market Improvement Value: $44,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $44,000

    Sales

  • Current Sale Contract Date: Jan 13, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9842
  • Previous Sale Recording Date: Aug 15, 1979
  • Previous Sale Contract Date: Aug 15, 1979
  • Previous Sale Amount: $50,000
  • Previous 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 Port Reading

Stats & Trends

Median Asking:

$582,499

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1121 ft²

Average Home Age

63.3 years

Currently For Sale

8 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 242 Grove Street, Woodbridge Proper, NJ, 07095

$3,200 /mo

  • 3 Beds
  • 2 Baths
242 Grove Street, Woodbridge Proper, NJ, 07095 Listing by BARBARA J. SANCILARDI
Unit for rent at 36 2nd Avenue, Port Reading, NJ, 07064

$3,000 /mo

  • 4 Beds
  • 1 Bath
36 2nd Avenue #B, Port Reading, NJ, 07064 Listing by YOUSUF S. SYED

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: VERONICA HARY
FOX & FOXX REALTY, LLC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2207042R

Frequently Asked Questions

When was property at 20 4th Avenue built and last sold?
The property at 20 4th Avenue was built in 1953 and last sold on Jan 13, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 20 4th Avenue is $363,600.
What are some comparable homes to 20 4th Avenue?
There are currently no comparable homes to 20 4th Avenue.
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