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Middlesex 08857
23 Avery Drive
$345,000
● House - Off Market

23 Avery Drive

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$588,700
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

FANTASTIC 3 BEDROOM / 2.5 BTH HOME IN A SOUGHT AFTER DVLPMNT**SS APPLIANCES**FORMAL DINING RM**LRGE FAMILY ROOM**VAULTED CEILINGS IN LIVING ROOM**NEWER ROOF ALONG W/AC,WATER HEATER & FURNACE**LARGE DECK FOR ENTERTAINING FAMILY & FRIENDS**CLOSE TO BUSES AND TRAINS TO NYC**COME AND TAKE A LOOK**YOU WILL NOT BE DISAPPOINTED!!
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$692
HOA Dues
-
Year Built
1988

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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 #1700449)

Price History

Date / Event Date Event Price
Dec 6, 2016 Sold
Premium
Sold
Jul 8, 2016 Listed by HOME & KEY ESTATE REALTY, LLC $349,900
Listed by HOME & KEY ESTATE REALTY, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,134
  • Building Area: 2,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDARVIEW ESTATES SEC 02
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007801

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 6.14
  • Account Number: 05463000
  • District: 15
  • Parcel: 15 06401-0000-00024
  • Block: 6401
  • Lot: 24
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4385
  • Longitude: -74.3054

    Address

  • Full Address: 23 Avery Dr
  • Address - House Number: 23
  • Address - Street Name: Avery
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 3605
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $943,036

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 594,528
  • High Value: 697,369
  • Low Value: 491,686

    Market Valuation

  • Market Total Value: $170,500
  • Market Land Value: $55,400
  • Market Improvement Value: $115,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,500
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $115,100

    Sales

  • Current Sale Contract Date: Dec 01, 2016
  • Current Sale Recording Date: Jan 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201701140062
  • Previous Sale Recording Date: Feb 03, 1989
  • Previous Sale Contract Date: Feb 03, 1989
  • Previous Sale Amount: $184,900
  • 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:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1590 ft²

Average Home Age

30.4 years

Currently For Sale

2868 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 96 Brewster Circle, Old Bridge, NJ, 08857

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 1,760 ft²
96 Brewster Circle, Old Bridge, NJ, 08857 Listing by KAVIN VANI
Unit for rent at 81 Woodmere Drive, Parlin, NJ, 08859

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,271 ft²
81 Woodmere Drive, Parlin, NJ, 08859 Listing by SEAN HANSEN

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: NORINE AUGLIERA
HOME & KEY ESTATE REALTY, LLC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1700449

Frequently Asked Questions

When was property at 23 Avery Drive built and last sold?
The property at 23 Avery Drive was built in 1988 and last sold on Dec 1, 2016 for $345,000.
How much is this home worth?
The estimated value of the home located at 23 Avery Drive is $0.
What are some comparable homes to 23 Avery Drive?
There are currently no comparable homes to 23 Avery Drive.
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