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Old Bridge 08857
22 Gramercy Road
$490,000
● House - Off Market

22 Gramercy Road

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,652 Ft²
$478,698
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This is a coming soon listing and cannot be shown until March 5, 2022*  Popular 4 Bedroom 2 Full Bath Split Level on 60x122 Property*New Lennox Furnace & Central Air*New Roof*Replaced Windows*Upgraded Electric Service*1-Car-Garage*Partial Basement*First Level has Foyer w/Cer.Tile, 1 Bedroom, Family Room, Full Bathroom*  Formal Living Room w/Beautiful New Bay Window* Formal Dining Room*Eat-n-Kitchen w/Door to Fenced Backyard*Hardwood Floors*Oak Railing*Ceiling Fans*Attic Storage*Super Convenient to NYC Bus & Local Shopping*
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$288
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22205469)

Price History

Date / Event Date Event Price
May 27, 2022 Sold
Premium
Sold
Feb 28, 2022 Listed by ELLEN ROSENBAUM REAL ESTATE $475,000
Listed by ELLEN ROSENBAUM REAL ESTATE
This a coming soon listing and cannot be shown until March 5, 2022* Popular 4 Bedroom 2 Full Bath Split Level on 60x122 Property*New Lennox Furnace & Central Air*New Roof*Replaced Windows*Upgraded Electric Service*1-Car-Garage*Partial Basement*First Level has Foyer w/Cer.Tile, Bedroom, Family Room, Full Bathroom* Formal Living Room w/Beautiful New Bay Window* Formal Dining Room*Eat-n-Kitchen w/Door to Fenced Backyard*Hardwood Floors*Oak Railing*Ceiling Fans*Recessed Lighting*Attic Storage*Super Convenient to NYC Bus & Local Shopping*

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEHAVEN SEC 1D
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007806

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 1517
  • Account Number: 12054000
  • District: 15
  • Parcel: 15 15573-0000-00198
  • Block: 15573
  • Lot: 198
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4053
  • Longitude: -74.334

    Address

  • Full Address: 22 Gramercy Rd
  • Address - House Number: 22
  • Address - Street Name: Gramercy
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C029
  • 4-Digit Zip Code: 1857
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $864,347

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 563,035
  • High Value: 670,625
  • Low Value: 455,445

    Market Valuation

  • Market Total Value: $163,300
  • Market Land Value: $74,200
  • Market Improvement Value: $89,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,300
  • Assessed Land Value: $74,200
  • Assessed Improvements Value: $89,100

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 53001
  • Previous Sale Recording Date: Jul 31, 2000
  • Previous Sale Contract Date: Jul 21, 2000
  • Previous Sale Amount: $229,900
  • 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 Old Bridge

Stats & Trends

Median Asking:

$639,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1688 ft²

Average Home Age

55.8 years

Currently For Sale

39 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 17 Emerald Lane, Old Bridge, NJ, 08857

$3,900 /mo

  • 3 Beds
  • 2 Baths
17 Emerald Lane, Old Bridge, NJ, 08857 Listing by George Pavlushkin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ellen Rosenbaum, Ellen Rosenbaum Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22205469
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 22 Gramercy Road built and last sold?
The property at 22 Gramercy Road was built in 1962 and last sold on May 23, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 22 Gramercy Road is $0.
What are some comparable homes to 22 Gramercy Road?
There are currently no comparable homes to 22 Gramercy Road.
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