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Middlesex 07747
219 Lambertson Road
$290,000
● House - Off Market

219 Lambertson Road

Matawan, NJ 07747
bedrooms
6 Beds
bathrooms
2 Baths
$541,295
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

This 2 story home is just about 2000 sq ft! Do not miss this opportunity to make it your own. 6 BR with 2 FB on 3/4 of a acre, sits on the corner of a private road & faces open space. Roof is only 9 years old, 2 car detached garage with a loft has 2 brand new doors. Hardwood floors thru out!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$646
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 (MOMLS #21641941)

Price History

Date / Event Date Event Price
Feb 27, 2017 Sold
Premium
Sold
Nov 2, 2016 Listed by Weichert Realtors-Old Bridge $325,000
Listed by Weichert Realtors-Old Bridge

Property Highlights

Parking Available
Garage

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: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • 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: 32,670
  • Total Building Area: 1,921
  • Building Area: 1,921
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,921
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007909

Zoning

  • Zoning: R30

Geography

  • Assessors Map Reference: TAX MAP 1113
  • Account Number: 07181000
  • District: 15
  • Parcel: 15 11250-0000-00007- 11
  • Block: 11250
  • Lot: 7.11
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4186
  • Longitude: -74.2693

    Address

  • Full Address: 219 Lambertson Rd
  • Address - House Number: 219
  • Address - Street Name: Lambertson
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Matawan
  • Carrier Code: R002
  • 4-Digit Zip Code: 6609
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $919,837

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 583,955
  • High Value: 696,849
  • Low Value: 471,061

    Market Valuation

  • Market Total Value: $171,900
  • Market Land Value: $66,400
  • Market Improvement Value: $105,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,900
  • Assessed Land Value: $66,400
  • Assessed Improvements Value: $105,500

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Apr 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201704200061
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:

$560,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1351 ft²

Average Home Age

38 years

Currently For Sale

1850 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

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MOMMLS

Listed by: Christina Crupi-Lyons, Weichert Realtors-Old Bridge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21641941
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 219 Lambertson Road built and last sold?
The property at 219 Lambertson Road was built in 1949 and last sold on Feb 24, 2017 for $290,000.
How much is this home worth?
The estimated value of the home located at 219 Lambertson Road is $328,250.
What are some comparable homes to 219 Lambertson Road?
There are currently no comparable homes to 219 Lambertson Road.
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