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Essex 07110
23 Milton Avenue
Listed by: Paul Verdicchio, [email protected], Halo Realty, (848) 229-1810, Listing Courtesy of NJMLS
$620,000
↑ $15K (2.5%)
● House - Off Market

23 Milton Avenue

Nutley, NJ 07110
bedrooms
4 Beds
bathrooms
2 Baths
$620,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
NY-New York
Primary Model

About This Property

Newer deck, kitchen, baths, roof, windows, siding, AC-Furnace with two zones, radiant flooring heat. Attached garage, private fenced yard with large 16x25 deck. Stainless Steel appliances, hardwood flooring, formal dinning room. Near NYC, short commute. Near public transportation, near schools and shopping. Photos coming Friday 9/15.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,050
HOA Dues
-
Year Built
1966

Payment Calculator

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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 (NJMLS #23028279)

Price History

Date / Event Date Event Price
Dec 4, 2023 Price Increased $620,000
↑ $15K (2.5%)
Price Increased
Nov 21, 2023 Sold
Premium
Sold
Nov 28, 2023 Price Decreased $605,000
↓ $15K (2.4%)
Price Decreased
Nov 21, 2023 Listed by Halo Realty $635,000
Listed by Halo Realty
Oct 24, 2023 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 6,608
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,827
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Nutley Town School District
  • Census Tract: 013900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 87
  • District: 16
  • Parcel: 16 08700-0000-00014
  • Block: 8700
  • Lot: 14
  • Municipality: NUTLEY TWP
  • Latitude: 40.8119
  • Longitude: -74.1752

    Address

  • Full Address: 23 Milton Ave
  • Address - House Number: 23
  • Address - Street Name: Milton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Nutley
  • Carrier Code: C031
  • 4-Digit Zip Code: 3017
  • Zip Code: 07110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,259,664

    Appraisal Valuation

  • Standard Deviation: 0.1063
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 89
  • Final Value: 663,497
  • High Value: 734,071
  • Low Value: 592,924

    Market Valuation

  • Market Total Value: $326,000
  • Market Land Value: $121,000
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $326,000
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $205,000

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 71775
  • Previous Sale Recording Date: Nov 09, 1999
  • Previous Sale Contract Date: Nov 05, 1999
  • Previous Sale Amount: $185,000
  • 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 Essex

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$325

Below Asking

0.01%

Average Days on Market

66

Average Home Size

499 ft²

Average Home Age

-

Currently For Sale

1945 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 59 Chestnut, Montclair, NJ, 07042

$3,640 /mo

  • 2 Beds
  • 1 Bath
59 Chestnut, Montclair, NJ, 07042 Listing by Pierce Conway

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: Paul Verdicchio
Halo Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23028279
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. 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 23 Milton Avenue built and last sold?
The property at 23 Milton Avenue was built in 1966 and last sold on Nov 15, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 23 Milton Avenue is $0.
What are some comparable homes to 23 Milton Avenue?
There are currently no comparable homes to 23 Milton Avenue.
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