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Middlesex
22 Markham Road
$540,000
● House - Off Market

22 Markham Road

Edison, NJ 08817
bedrooms
5 Beds
bathrooms
2 Baths
$3,199
Est. Monthly
20.73%
Cap Rate

About This Property

WOW!!!  Come see this lovely 2 Story home located in one of the most desirable neighborhoods in town. 5 BEDROOMS, 2 FULL bathrooms.  NEW KITCHEN!!  Hardwood and parquet flooring throughout..LOW TAXES!!  Extra bonus room off the kitchen give the home more options and adds living space.  Large deck in the backyard is perfect for entertaining guests.  Paver patio.  Close to all major transportation hubs.  Commuting to NYC is a breeze..Close to shopping and places of worship..  ACT FAST!!!  Opportunity Awaits.
Unit Size
-
Days on Market
112 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1952

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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 #2507748R)

Price History

Date / Event Date Event Price
Apr 28, 2025 Sold
Premium
Sold
Jan 17, 2025 In contract -
In contract
Jan 6, 2025 Listed by J.J. ELEK REALTY CO. $529,900
Listed by J.J. ELEK REALTY CO.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 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: 6,710
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,062
  • Building Area: 1,062
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NIXON PARK SEC 02
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001701

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 34
  • Account Number: 00025596
  • District: 05
  • Parcel: 05 01113-0000-00012
  • Block: 1113
  • Lot: 12
  • Municipality: EDISON TWP
  • Latitude: 40.524
  • Longitude: -74.3798

    Address

  • Full Address: 22 Markham Rd
  • Address - House Number: 22
  • Address - Street Name: Markham
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Edison
  • Carrier Code: C060
  • 4-Digit Zip Code: 4129
  • Zip Code: 08817

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $711,945

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 560,146
  • High Value: 608,166
  • Low Value: 512,125

    Market Valuation

  • Market Total Value: $120,200
  • Market Land Value: $75,100
  • Market Improvement Value: $45,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,200
  • Assessed Land Value: $75,100
  • Assessed Improvements Value: $45,100

    Sales

  • Current Sale Contract Date: Feb 28, 2007
  • Current Sale Recording Date: Mar 06, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Contract Date: Feb 28, 2007
  • Previous Sale Amount: $324,500
  • 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:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1554 ft²

Average Home Age

12.7 years

Currently For Sale

2887 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

Rentals Near You

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CJMLS

Listed by: JOSEPH DEVIZIO
J.J. ELEK REALTY CO.
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2507748R

Frequently Asked Questions

When was property at 22 Markham Road built and last sold?
The property at 22 Markham Road was built in 1952 and last sold on Feb 28, 2007 for $324,450.
How much is this home worth?
The estimated value of the home located at 22 Markham Road is $0.
What are some comparable homes to 22 Markham Road?
There are currently no comparable homes to 22 Markham Road.
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