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Old Bridge 08857
23 Stevens Avenue
$575,000
● House - Off Market

23 Stevens Avenue

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$3,133
Est. Monthly
7.49%
Cap Rate

About This Property

Highly Sought After Spacemaker Split-Level in Sayre Woods South.  This has been expanded with a 4th bedroom (Master) upstairs and a bonus room/addition downstairs. Hard-wood flooring throughout.  Updates include landscaping, pavers, gutters, newer roof, newer water heater. Great location with schools, highways, transportation close by.  Highly desirable location!!
Unit Size
-
Days on Market
43 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1958

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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 (CJMLS #2411056R)

Price History

Date / Event Date Event Price
Jun 10, 2024 Sold
Premium
Sold
May 6, 2024 In contract -
In contract
Apr 26, 2024 Listed by EXP REALTY, LLC $499,999
Listed by EXP REALTY, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 8,775
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,933
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1513
  • Account Number: 10357000
  • District: 15
  • Parcel: 15 15507-0000-00821
  • Block: 15507
  • Lot: 821
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3997
  • Longitude: -74.3131

    Address

  • Full Address: 23 Stevens Ave
  • Address - House Number: 23
  • Address - Street Name: Stevens
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C023
  • 4-Digit Zip Code: 2243
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $813,534

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 589,329
  • High Value: 688,347
  • Low Value: 490,310

    Market Valuation

  • Market Total Value: $153,700
  • Market Land Value: $63,200
  • Market Improvement Value: $90,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,700
  • Assessed Land Value: $63,200
  • Assessed Improvements Value: $90,500

    Sales

  • Current Sale Contract Date: Oct 05, 1960
  • Current Sale Recording Date: Oct 05, 1960
  • Current 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:

$642,000

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1662 ft²

Average Home Age

59.7 years

Currently For Sale

50 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 190 Goldmine Lane, Old Bridge, NJ, 08857

$3,800 /mo

  • 3 Beds
  • 3 Baths
  • 1,661 ft²
190 Goldmine Lane, Old Bridge, NJ, 08857 Listing by RIMA MAZUMDAR
Unit for rent at 295 Pleasant Valley Road, Old Bridge, NJ, 08857

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,800 ft²
295 Pleasant Valley Road, Old Bridge, NJ, 08857 Listing by SEAN HANSEN

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: RICHARD ADAMSKI
EXP REALTY, LLC
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2411056R

Frequently Asked Questions

When was property at 23 Stevens Avenue built and last sold?
The property at 23 Stevens Avenue was built in 1958 and last sold on Oct 5, 1960 for $0.
How much is this home worth?
The estimated value of the home located at 23 Stevens Avenue is $504,999.
What are some comparable homes to 23 Stevens Avenue?
There are currently no comparable homes to 23 Stevens Avenue.
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