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Old Bridge 08857
286 Sunset Avenue
$460,000
● House - Off Market

286 Sunset Avenue

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
2 Baths
$2,663
Est. Monthly
7.31%
Cap Rate

About This Property

Welcome to this must-see 3-bed, 2-bath home in a convenient part of Old Bridge! This charming residence is family-friendly, with multiple spaces to gather, including the living room, formal dining room, and fully enclosed Florida Room. This home also features a finished basement with a full bathroom, providing additional living space. Outside, enjoy a fully functional above-ground pool and partial deck, perfect for entertaining. Schedule your appointment today and make this your dream home!
Unit Size
-
Days on Market
100 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1955

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: 3 years ago (CJMLS #2407888R)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 1, 2024 In contract -
In contract
Mar 22, 2024 Price Decreased $454,000
↓ $10K (2.2%)
Price Decreased
Mar 9, 2024 Relisted $464,000
Relisted
Feb 22, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: MADISON REALTY CO
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 2616
  • Account Number: 16643000
  • District: 15
  • Parcel: 15 26032-0000-00023
  • Block: 26032
  • Lot: 23
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4017
  • Longitude: -74.3632

    Address

  • Full Address: 286 Sunset Ave
  • Address - House Number: 286
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 1117
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $498,071

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 470,500
  • High Value: 510,835
  • Low Value: 430,165

    Market Valuation

  • Market Total Value: $94,100
  • Market Land Value: $44,000
  • Market Improvement Value: $50,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,100
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $50,100

    Sales

  • Current Sale Contract Date: Aug 29, 2002
  • Current Sale Recording Date: Oct 17, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 14, 2000
  • Previous Sale Contract Date: Apr 05, 2000
  • Previous Sale Amount: $128,000
  • 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:

$645,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1653 ft²

Average Home Age

59.9 years

Currently For Sale

51 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.
CJMLS

Listed by: ANTHONY DISANZO
COMPASS NEW JERSEY, LLC
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2407888R

Frequently Asked Questions

When was property at 286 Sunset Avenue built and last sold?
The property at 286 Sunset Avenue was built in 1955 and last sold on Aug 29, 2002 for $215,000.
How much is this home worth?
The estimated value of the home located at 286 Sunset Avenue is $458,540.
What are some comparable homes to 286 Sunset Avenue?
There are currently no comparable homes to 286 Sunset Avenue.
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