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Colonia 07067
22 Broadway Avenue
$296,000
● House - Off Market

22 Broadway Avenue

Colonia, NJ 07067
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$522,425
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

8 Room split level in great location - Cathedral ceilings, skylights, Built in Garage - Just painted including new carpet, kitchen floor and appliances. Ready to move into - This property qualifies under the Freddie Mac first look initiative
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
1950

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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 #1409488)

Price History

Date / Event Date Event Price
May 14, 2014 Sold
Premium
Sold
Jan 12, 2014 Listed by AMERICAN REALTY SERVICE GROUP, $279,500
Listed by AMERICAN REALTY SERVICE GROUP,

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 1
  • 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: 1,552
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 002401

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 141
  • Account Number: 16405
  • District: 25
  • Parcel: 25 00473- 04-00025
  • Block: 473.04
  • Lot: 25
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5992
  • Longitude: -74.3138

    Address

  • Full Address: 22 Broadway Ave
  • Address - House Number: 22
  • Address - Street Name: Broadway
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Colonia
  • Carrier Code: C081
  • 4-Digit Zip Code: 2304
  • Zip Code: 07067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $998,556

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 536,965
  • High Value: 630,335
  • Low Value: 443,594

    Market Valuation

  • Market Total Value: $86,500
  • Market Land Value: $22,000
  • Market Improvement Value: $64,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,500
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $64,500

    Sales

  • Current Sale Contract Date: May 08, 2014
  • Current Sale Recording Date: May 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201405220140
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Aug 21, 2013
  • Previous Sale Amount: $410,727
  • Previous Sale Document Type: 64
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 Colonia

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1309 ft²

Average Home Age

58.5 years

Currently For Sale

45 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 110 Broadway, Clark Twp., 07066-1848

$2,900 /mo

  • 3 Beds
  • 1 Bath
110 Broadway #1, Clark Twp., 07066-1848 Listing by CARLOS TURNER
Unit for rent at 1299 St. George Avenue, Colonia, NJ, 07067

$2,995 /mo

  • 2 Beds
  • 3 Baths
1299 St. George Avenue #103, Colonia, NJ, 07067 Listing by ANTHONY E. WOHLRAB

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: PATRICK FOX
AMERICAN REALTY SERVICE GROUP,
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1409488

Frequently Asked Questions

When was property at 22 Broadway Avenue built and last sold?
The property at 22 Broadway Avenue was built in 1950 and last sold on May 8, 2014 for $296,000.
How much is this home worth?
The estimated value of the home located at 22 Broadway Avenue is $282,295.
What are some comparable homes to 22 Broadway Avenue?
There are currently no comparable homes to 22 Broadway Avenue.
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