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Old Bridge 08857
263 Park Avenue
$340,000
● House - Off Market

263 Park Avenue

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$755,783
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Outstanding home completely re-built from foundation up in 2003! Upgraded galore! Top of the line materials were used when re-building this home! Gorgeous open floor plan! Granite and SS in kitchen with Island! Huge 4th bedroom/Den over Garage area! Must see to appreciate how beautiful this home is! Very large rooms throughout with full fenced private yard! One of kind home waiting its new owner!! Show and Sell today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1947

Payment Calculator

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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: 3 years ago (MOMLS #21216871)

Price History

Date / Event Date Event Price
Nov 15, 2012 Sold
Premium
Sold
May 2, 2012 Listed by ERA Central Realty Group $350,000
Listed by ERA Central Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANDS OF MADISON REALTY CO
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007703

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 2616
  • Account Number: 16540000
  • District: 15
  • Parcel: 15 26026-0000-00005
  • Block: 26026
  • Lot: 5
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4024
  • Longitude: -74.3619

    Address

  • Full Address: 263 Park Ave
  • Address - House Number: 263
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 1142
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $641,511

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 489,014
  • High Value: 573,604
  • Low Value: 404,424

    Market Valuation

  • Market Total Value: $121,200
  • Market Land Value: $51,500
  • Market Improvement Value: $69,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,200
  • Assessed Land Value: $51,500
  • Assessed Improvements Value: $69,700

    Sales

  • Current Sale Contract Date: Nov 15, 2012
  • Current Sale Recording Date: Dec 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201212050003
  • Previous Sale Recording Date: Sep 14, 2001
  • Previous Sale Contract Date: Sep 10, 2001
  • Previous Sale Amount: $80,000
  • 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:

$647,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1639 ft²

Average Home Age

60.4 years

Currently For Sale

54 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

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MOMMLS

Listed by: Alyson Kelly, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21216871
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 263 Park Avenue built and last sold?
The property at 263 Park Avenue was built in 1947 and last sold on Nov 15, 2012 for $340,000.
How much is this home worth?
The estimated value of the home located at 263 Park Avenue is $0.
What are some comparable homes to 263 Park Avenue?
There are currently no comparable homes to 263 Park Avenue.
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