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Old Bridge 08857
33 Leon Avenue
$345,000
● House - Off Market

33 Leon Avenue

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
1 Bath
$416,304
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Fully Remodeled Expanded Cape with Family Room * New Items Include: Monterrey Sand color vinyl siding, Simonton windows (double-hung, tilt-in w/ grids), interior / exterior doors, trim, bathroom, kitchen w/ 39  tall Shaker White Cabinets, Quartz counters, Stainless Steel appliances,  freshly painted interior, new RUUD furnace and Central Air, new water heater plus refinished hardwood floors, Smartcore Vinyl Planks & Carpet.   There is a tremendous 2 car detached garage that is 25' x 25' with 8.5' high x 10' wide doors - great for a car enthusiast, contractor or even anyone needing to park a large SUV or pickup truck. Storage is plentiful with pull down steps to attic storage above the garage.   Corner lot with 2 driveways!  Seller is a licensed real estate broker in NJ.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1950

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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 #2111243)

Price History

Date / Event Date Event Price
May 12, 2021 Sold
Premium
Sold
Feb 10, 2021 Listed by C21 CHARLES SMITH AGENCY, INC $350,000
Listed by C21 CHARLES SMITH AGENCY, INC

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 7
  • Parking Space Count: 3
  • 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: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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 1816
  • Account Number: 15078000
  • District: 15
  • Parcel: 15 18088-0000-00008
  • Block: 18088
  • Lot: 8
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4069
  • Longitude: -74.3599

    Address

  • Full Address: 33 Leon Ave
  • Address - House Number: 33
  • Address - Street Name: Leon
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C013
  • 4-Digit Zip Code: 1222
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $681,739

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 487,426
  • High Value: 577,357
  • Low Value: 397,495

    Market Valuation

  • Market Total Value: $128,800
  • Market Land Value: $44,000
  • Market Improvement Value: $84,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,800
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $84,800

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021069101
  • Previous Sale Recording Date: Dec 11, 2020
  • Previous Sale Contract Date: Oct 01, 2020
  • Previous Sale Amount: $180,000
  • 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

$372

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1630 ft²

Average Home Age

59.8 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 15 Cleveland Avenue, East Brunswick, NJ, 08816

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
15 Cleveland Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: TODD KESSLER
C21 CHARLES SMITH AGENCY, INC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2111243

Frequently Asked Questions

When was property at 33 Leon Avenue built and last sold?
The property at 33 Leon Avenue was built in 1950 and last sold on May 10, 2021 for $345,000.
How much is this home worth?
The estimated value of the home located at 33 Leon Avenue is $0.
What are some comparable homes to 33 Leon Avenue?
There are currently no comparable homes to 33 Leon Avenue.
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