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Middlesex 08846
204 stephenson Avenue
$585,000
● House - Off Market

204 stephenson Avenue

Middlesex, NJ 08846
bedrooms
5 Beds
bathrooms
2 Baths
$3,521
Est. Monthly
9.02%
Cap Rate

About This Property

Now Showing!!! Enter this fully renovated contemporary residence situated on a peaceful tree-lined street in a highly desirable area, showcasing a perfect fusion of modern elegance and practicality. The stylish hardwood floors running throughout the house complement the sophisticated modern kitchen, establishing a lavish yet welcoming ambiance. The exquisite tiled bathrooms add a hint of refinement, while the completed basement offers additional space for leisure or unwinding. Step out onto the freshly built backyard deck overlooking the spacious backyard, where you can bask in the sunlight and relish the fresh air. Featuring a new roof and A.C. This home is a genuine treasure, providing both beauty and comfort to its fortunate new occupants. Seize this chance to turn your dream home into a reality today!!
Unit Size
-
Days on Market
63 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$825
HOA Dues
-
Year Built
1946

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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 #2410891R)

Price History

Date / Event Date Event Price
Jun 24, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
May 9, 2024 Price Decreased $549,000
↓ $40K (6.8%)
Price Decreased
Apr 22, 2024 Listed by KELLER WILLIAMS REALTY $589,000
Listed by KELLER WILLIAMS REALTY
Sep 23, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • 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: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDDLESEX TERRACE
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 4

Neighborhood

  • School District Name: Middlesex Borough School District
  • Census Tract: 000200

Zoning

  • Zoning: R-75

Geography

  • District: 10
  • Parcel: 10 00012-0000-00003
  • Block: 12
  • Lot: 3
  • Municipality: MIDDLESEX BORO
  • Latitude: 40.5862
  • Longitude: -74.4827

    Address

  • Full Address: 204 Stephenson Ave
  • Address - House Number: 204
  • Address - Street Name: Stephenson
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Middlesex
  • Carrier Code: C005
  • 4-Digit Zip Code: 1633
  • Zip Code: 08846

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $946,569

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 475,118
  • High Value: 554,947
  • Low Value: 395,289

    Market Valuation

  • Market Total Value: $449,200
  • Market Land Value: $144,800
  • Market Improvement Value: $304,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449,200
  • Assessed Land Value: $144,800
  • Assessed Improvements Value: $304,400

    Sales

  • Current Sale Contract Date: Sep 23, 2014
  • Current Sale Recording Date: Sep 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 201409300015
  • Previous Sale Recording Date: Sep 14, 1993
  • Previous Sale Contract Date: Aug 13, 1993
  • Previous Sale Amount: $104,900
  • 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 Middlesex

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1289 ft²

Average Home Age

68.2 years

Currently For Sale

37 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 109 Pearl Place, Dunellen, NJ, 2103

$4,500 /mo

  • 1 Bed
  • 2 Baths
109 Pearl Place, Dunellen, NJ, 2103 Listing by GERALD SANRELUS
Unit for rent at 735 Station Road, Dunellen, NJ, 08812

$4,350 /mo

  • 4 Beds
  • 2 Baths
  • 2,090 ft²
735 Station Road, Dunellen, NJ, 08812 Listing by KATHLEEN PILE

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: SARAH FEINGOLD
KELLER WILLIAMS REALTY
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2410891R

Frequently Asked Questions

When was property at 204 Stephenson Avenue built and last sold?
The property at 204 Stephenson Avenue was built in 1946 and last sold on Sep 23, 2014 for $180,000.
How much is this home worth?
The estimated value of the home located at 204 Stephenson Avenue is $554,490.
What are some comparable homes to 204 Stephenson Avenue?
There are currently no comparable homes to 204 Stephenson Avenue.
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