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Old Bridge 08857
26 Orchard Drive
$470,000
● House - Off Market

26 Orchard Drive

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
2 Baths
$438,387
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Step into this stunning home in the heart of Southwood development. Home boasts three generously sized bedrooms, two full baths,eat- in kitchen with granite and SS appliances,formal dinning room, woodburning fireplace, large laundry room with full bath. This home has been upgraded throughout within the last two years. Upgrades include newer kitchen, both bathrooms, porcelain tile and refinished hardwood floors.  Custom California shutters are included. Newer roof, circular driveway, windows, sliding door, and Trex deck. In addition, professionally painted inside and out.Newly pull down stairs to attic and more!  Do not miss out on this beautifully maintained home that is filled with such charm and character!!! A Must See!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1954

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: 2 years ago (MOMLS #22136668)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Jan 21, 2022 Sold
Premium
Sold
Nov 12, 2021 Listed by Rise Real Estate Agency $435,000
Listed by Rise Real Estate Agency

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHWOOD OLD BRIDGE SEC 02
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007804

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1821
  • Account Number: 14287000
  • District: 15
  • Parcel: 15 18045-0000-00020
  • Block: 18045
  • Lot: 20
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4038
  • Longitude: -74.3495

    Address

  • Full Address: 26 Orchard Dr
  • Address - House Number: 26
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C004
  • 4-Digit Zip Code: 1607
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631,455

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 462,114
  • High Value: 539,759
  • Low Value: 384,470

    Market Valuation

  • Market Total Value: $123,000
  • Market Land Value: $50,000
  • Market Improvement Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $73,000

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18185
  • Previous Sale Recording Date: Oct 13, 2004
  • Previous Sale Contract Date: Sep 29, 2004
  • Previous Sale Amount: $296,000
  • 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 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 4 Main Street, East Brunswick, NJ, 08816

$3,450 /mo

  • 4 Beds
  • 2 Baths
4 Main Street, East Brunswick, NJ, 08816 Listing by PAUL MIKHAIL
Unit for rent at 13 Sheridan Avenue, East Brunswick, NJ, 08816

$3,525 /mo

  • 4 Beds
  • 2 Baths
  • 1,206 ft²
13 Sheridan Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Debra Brus, Rise Real Estate Agency
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22136668
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 26 Orchard Drive built and last sold?
The property at 26 Orchard Drive was built in 1954 and last sold on Jan 5, 2022 for $470,000.
How much is this home worth?
The estimated value of the home located at 26 Orchard Drive is $0.
What are some comparable homes to 26 Orchard Drive?
There are currently no comparable homes to 26 Orchard Drive.
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