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Old Bridge 08857
31 Palisades Road
$550,000
● House - Off Market

31 Palisades Road

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$900,978
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

MINT - MANY UPGRADES**Newer AC, Washer/Dryer, garage door**Kitchen has premium granite, ss appliances, backsplash**Recessed lights, crown molding, Oak hardwood floors, 3.5 baths, premium home theater & Klipsch surround sound, upgraded lighting, ceiling fans in brs, gas fireplace, Finished Walkout basement, wet bar and bath this house has so much to offer, with large master br with cathedral ceilings, walkin closets, luxury bath with Jacuzzi, 3 full baths and 1 half bath, Premium LOT with treed views, deck and patio, Guardian alarm system, Kitchen cabinets with under counter lighting and tile backsplach, professional landscaping, great front porch for relaxing, wonderful house is a must see.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,045
HOA Dues
$50
Year Built
2006

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: 4 years ago (CJMLS #1800317)

Price History

Date / Event Date Event Price
Aug 22, 2017 Sold
Premium
Sold
Jul 6, 2017 Listed by MILLENNIUM INTERSTATE REALTY, $565,000
Listed by MILLENNIUM INTERSTATE REALTY,

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 200
  • 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: 7,254
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,442
  • Building Area: 2,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,442
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKWOOD AT OLD BRIDGE
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007913

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 1327
  • Account Number: 17001228
  • District: 15
  • Parcel: 15 13311-0000-00025
  • Block: 13311
  • Lot: 25
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3807
  • Longitude: -74.2924

    Address

  • Full Address: 31 Palisades Rd
  • Address - House Number: 31
  • Address - Street Name: Palisades
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C014
  • 4-Digit Zip Code: 3585
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,406,880

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 799,465
  • High Value: 934,081
  • Low Value: 664,848

    Market Valuation

  • Market Total Value: $265,800
  • Market Land Value: $113,100
  • Market Improvement Value: $152,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,800
  • Assessed Land Value: $113,100
  • Assessed Improvements Value: $152,700

    Sales

  • Current Sale Contract Date: Aug 17, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201709010174
  • Previous Sale Recording Date: Feb 08, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $576,190
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$639,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1688 ft²

Average Home Age

55.8 years

Currently For Sale

39 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 50 Glen Oaks Court, Old Bridge, NJ, 08857

$3,950 /mo

  • 3 Beds
  • 2 Baths
50 Glen Oaks Court, Old Bridge, NJ, 08857 Listing by BARRY WEINSTEIN
Unit for rent at 16 Old Bridge Plaza, Old Bridge, NJ, 08857

$3,950 /mo

  • 4 Beds
  • 3 Baths
  • 2,179 ft²
16 Old Bridge Plaza, Old Bridge, NJ, 08857 Listing by DAVID ROSENBAUM

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: MELISA TAKACS
MILLENNIUM INTERSTATE REALTY,
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 1800317

Frequently Asked Questions

When was property at 31 Palisades Road built and last sold?
The property at 31 Palisades Road was built in 2006 and last sold on Aug 17, 2017 for $550,000.
How much is this home worth?
The estimated value of the home located at 31 Palisades Road is $0.
What are some comparable homes to 31 Palisades Road?
There are currently no comparable homes to 31 Palisades Road.
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