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Middlesex 07747
24 Briarwood Drive
$460,000
● House - Off Market

24 Briarwood Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,232 Ft²
$501,268
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

PENDING SELLER NO LONGER WISHES TO SHOW Spacious Colonial-look split level home is located in the desirable Cheesequake Estates. This 4 bedrooms, 2.5 bathrooms, 2232 square foot home boasts hardwood floors under some carpets, spacious living room and and family room, a 2 car garage and partial basement that offers plenty of storage. Quiet and lovely tree-lined street, shade tree in the backyard, close to shopping and dining places. You don't want to miss out on this one. Will not last. Ready for the new owners to make their own. Near all major transportation with an express bus to NYC just steps from the corner.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$213
Property Type
House
Property Taxes
$817
HOA Dues
-
Year Built
1974

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (MOMLS #22229479)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Sep 17, 2022 Listed by Keller Williams Shore Properties $475,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,232
  • Building Area: 2,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007910

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 3.16
  • Account Number: 02805000
  • District: 15
  • Parcel: 15 03236- 21-00012
  • Block: 3236.21
  • Lot: 12
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4243
  • Longitude: -74.2483

    Address

  • Full Address: 24 Briarwood Dr
  • Address - House Number: 24
  • Address - Street Name: Briarwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C004
  • 4-Digit Zip Code: 3505
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $997,576

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 649,083
  • High Value: 758,142
  • Low Value: 540,025

    Market Valuation

  • Market Total Value: $191,100
  • Market Land Value: $65,000
  • Market Improvement Value: $126,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,100
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $126,100

    Sales

  • Current Sale Contract Date: Nov 09, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 96839
  • Previous Sale Recording Date: Jul 19, 1974
  • Previous Sale Contract Date: Jul 19, 1974
  • Previous Sale Amount: $59,900
  • 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:

$564,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1356 ft²

Average Home Age

43 years

Currently For Sale

1848 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 101 Midland Avenue, Cliffwood, NJ, 07721

$4,000 /mo

  • 3 Beds
  • 3 Baths
101 Midland Avenue #01X, Cliffwood, NJ, 07721 Listing by Charles Croce
Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

$3,800 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Anita F Jacobus, Keller Williams Shore Properties
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22229479
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 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 24 Briarwood Drive built and last sold?
The property at 24 Briarwood Drive was built in 1974 and last sold on Nov 9, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 24 Briarwood Drive is $0.
What are some comparable homes to 24 Briarwood Drive?
There are currently no comparable homes to 24 Briarwood Drive.
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