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Helmetta 08828
23 Old Forge Road
Photo of 23 Old Forge Road
Sold on Jul 31, 2026

34

Map

Photo of 23 Old Forge Road
Photo of 23 Old Forge Road
$485,000
● House - Off Market

23 Old Forge Road

Helmetta, NJ 08828
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$2,943
Est. Monthly

About This Property

Expanded ranch with 3 beds plus basement (an additional ~1,100 sqft). Home features updated flooring, kitchen with brand new stainless steel appliances, wood fireplace, and custom wall trims. The spacious basement includes a large rec room and a separate area for laundry, utilities, and storage. The fenced backyard and patio are perfect for relaxing or entertaining. Driveway fits up to 3 cars. Conveniently located near the NJ Turnpike and Route 18 for easy travels. Spotswood Twp Schools.
Unit Size
1,296 Ft²
Days on Market
59 days
Land Size
0.11 acres
Price per sqft
$367
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1940

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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 months ago (CJMLS #2616829R)

Price History

Date / Event Date Event Price
Jul 31, 2026 Sold
Premium
Sold
Jun 17, 2026 In contract -
In contract
Jun 2, 2026 Listed by RE/MAX FIRST CLASS $475,000
Listed by RE/MAX FIRST CLASS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Spotswood Borough School District
  • Census Tract: 008103

Zoning

  • Zoning: R10

Geography

  • District: 06
  • Parcel: 06 00025-0000-00025
  • Block: 25
  • Lot: 25
  • Municipality: HELMETTA BORO
  • Latitude: 40.3756
  • Longitude: -74.4149

    Address

  • Full Address: 23 Old Forge Rd
  • Address - House Number: 23
  • Address - Street Name: Old Forge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Helmetta
  • Carrier Code: R081
  • 4-Digit Zip Code: 1207
  • Zip Code: 08828

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $665,028

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 415,690
  • High Value: 485,534
  • Low Value: 345,846

    Market Valuation

  • Market Total Value: $205,700
  • Market Land Value: $90,300
  • Market Improvement Value: $115,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,700
  • Assessed Land Value: $90,300
  • Assessed Improvements Value: $115,400

    Sales

  • Current Sale Contract Date: May 12, 2000
  • Current Sale Recording Date: May 18, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 29, 1997
  • Previous Sale Contract Date: Jan 23, 1997
  • Previous Sale Amount: $111,000
  • 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 Helmetta

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1226 ft²

Average Home Age

46.3 years

Currently For Sale

19 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 22 Wilson Avenue, Spotswood, NJ, 08884

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,454 ft²
22 Wilson Avenue, Spotswood, NJ, 08884 Listing by MARIYA HNATKEVYCH
Unit for rent at 140 Main Street, Helmetta, NJ, 08828

$1,950 /mo

  • 2 Beds
  • 1 Bath
140 Main Street, Helmetta, NJ, 08828 Listing by Edward Dooner
Unit for rent at 3 Jefferson Drive, Spotswood, NJ, 08884

$3,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,280 ft²
3 Jefferson Drive, Spotswood, NJ, 08884 Listing by LIVIO SCIRECIRNECO

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: BROOKE OMAHONY
RE/MAX FIRST CLASS
Last Updated: 4 months ago
Data Source: CJMLS , MLS# 2616829R

Frequently Asked Questions

When was property at 23 Old Forge Road built and last sold?
The property at 23 Old Forge Road was built in 1940 and last sold on May 12, 2000 for $115,000.
How much is this home worth?
The estimated value of the home located at 23 Old Forge Road is $475,365.
What are some comparable homes to 23 Old Forge Road?
There are currently no comparable homes to 23 Old Forge Road.
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