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Middlesex
24 Nelson Circle
$500,000
● House - Off Market

24 Nelson Circle

East Brunswick, NJ 08816
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,008,555
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

NEW CONSTRUCTION; 2522 sg ft; 4 BEDROOMS, 2.5 FULL BATHS; 1st floor: DINING ROMM, LIVING ROOM, KITCHEN and FAMILY ROOM and 1/2 BATH; 2nd floor: has 4 BEDROOMS and 2 FULL BATHS; MASTER BEDROOM SUITE with JACQUIZZI and SHOWER; 1 CAR GARAGE; FULL BASEMENT, about 1,000 sq ft, additional; LARGE LOT; REAL STONE and STUCCO.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
2014

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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 #1313828)

Price History

Date / Event Date Event Price
Jan 17, 2014 Sold
Premium
Sold
May 15, 2013 Listed by WEICHERT CO REALTORS $519,000
Listed by WEICHERT CO REALTORS

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 8,840
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 680
  • Total Building Area: 2,644
  • Building Area: 2,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,644
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY LANE HOMES SEC 2
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: East Brunswick Township School District
  • Census Tract: 006500

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 1202
  • Account Number: 14241
  • District: 04
  • Parcel: 04 00622-0000-00013
  • Block: 622
  • Lot: 13
  • Municipality: EAST BRUNSWICK TWP
  • Latitude: 40.4393
  • Longitude: -74.419

    Address

  • Full Address: 24 Nelson Cir
  • Address - House Number: 24
  • Address - Street Name: Nelson
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: East Brunswick
  • Carrier Code: C009
  • 4-Digit Zip Code: 2224
  • Zip Code: 08816

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,521,858

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 777,651
  • High Value: 908,977
  • Low Value: 646,325

    Market Valuation

  • Market Total Value: $130,800
  • Market Land Value: $22,800
  • Market Improvement Value: $108,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,800
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $108,000

    Sales

  • Current Sale Contract Date: Jan 17, 2014
  • Current Sale Recording Date: Jan 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014001002
  • Previous Sale Recording Date: Feb 21, 2013
  • Previous Sale Contract Date: Jan 18, 2013
  • Previous Sale Amount: $100,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$562,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1365 ft²

Average Home Age

38.1 years

Currently For Sale

1862 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

Rentals Near You

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CJMLS

Listed by: ANTHONY BARONE
WEICHERT CO REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1313828

Frequently Asked Questions

When was property at 24 Nelson Circle built and last sold?
The property at 24 Nelson Circle was built in 2014 and last sold on Jan 17, 2014 for $500,000.
How much is this home worth?
The estimated value of the home located at 24 Nelson Circle is $524,190.
What are some comparable homes to 24 Nelson Circle?
There are currently no comparable homes to 24 Nelson Circle.
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