Listed by: Matthew DeFede, [email protected], Realty Executives Elite Homes, (973) 846-0065, Listing Courtesy of NJMLS
$730,000
●
House -
Off Market
28 Nelson Place
Nutley, NJ 07110
4 Beds
3 Baths
$749,440
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model
About This Property
Welcome to this unique 4 bdrm, 3 full bath home in highly sought
after neighborhood of Nutley. As you step inside the home, you walk
through the quaint enclosed heated porch-you are then greeted by a
spacious and inviting living rm with plenty of natural light, with
views of the adjacent park. The living room seamlessly flows into a
nice size formal dining rm that leads to a custom kitchen with
quartz countertops with plenty of storage space and a cozy sitting
area with vaulted ceilings, large island overlooking your back
yard. Finished basement provides an additional space for
entertainment, with ample space for a home theater or game room,
basement also features a full bath, providing the perfect space for
guests to stay. Step outside, you will find a private backyard with
a patio, offering the perfect space for outdoor relaxation and
entertainment. Upgrades include new roof/plumbing/electrical/sec.
system/kraft maid cabinetry/landscape lighting and many more high
end finishes.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$976
HOA Dues
-
Year Built
1929
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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 (NJMLS #23008220)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2023 | Sold | ||
| Sold | |||
| Apr 2, 2023 | In contract | - | |
| In contract | |||
| Mar 22, 2023 | Listed by Realty Executives Elite Homes | $730,000 | |
| Listed by Realty Executives Elite Homes | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Listed On
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HOA + Taxes
About Essex
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Listed by: Matthew DeFede
Realty Executives Elite Homes
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23008220
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Realty Executives Elite Homes
Last Updated: 4 years ago
Data Source: NJMLS , MLS# 23008220
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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