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Old Bridge 08857
33 Owens Road
$677,000
● House - Off Market

33 Owens Road

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
2 Baths
$3,858
Est. Monthly
5.78%
Cap Rate

About This Property

Totally redone in last 3 years..new siding, windows, roof, kitchen, bathrooms, sidewalks, paver patio, A/C, heat, hot water heater.  Offer Accepted.
Unit Size
-
Days on Market
83 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1962

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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 #2410466R)

Price History

Date / Event Date Event Price
Jul 5, 2024 Sold
Premium
Sold
May 3, 2024 In contract -
In contract
Apr 11, 2024 Listed by VRI HOMES $639,000
Listed by VRI HOMES

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 9,840
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007806

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 1517
  • Account Number: 12540000
  • District: 15
  • Parcel: 15 15594-0000-00157
  • Block: 15594
  • Lot: 157
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4039
  • Longitude: -74.3368

    Address

  • Full Address: 33 Owens Rd
  • Address - House Number: 33
  • Address - Street Name: Owens
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C029
  • 4-Digit Zip Code: 1861
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $864,347

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 565,782
  • High Value: 672,002
  • Low Value: 459,563

    Market Valuation

  • Market Total Value: $163,300
  • Market Land Value: $74,200
  • Market Improvement Value: $89,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,300
  • Assessed Land Value: $74,200
  • Assessed Improvements Value: $89,100

    Sales

  • Current Sale Contract Date: Apr 07, 1997
  • Current Sale Recording Date: Apr 24, 1997
  • Current Sale Price:
    Premium
  • Current 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:

$639,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1581 ft²

Average Home Age

60 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 24 Edward Street, East Brunswick, NJ, 08816

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,960 ft²
24 Edward Street, East Brunswick, NJ, 08816 Listing by RASHIDA FURNITUREWALLA
Unit for rent at 5 Nicholas Drive, Old Bridge, NJ, 08857

$3,900 /mo

  • 3 Beds
  • 2 Baths
5 Nicholas Drive, Old Bridge, NJ, 08857 Listing by BRUCE ONCE

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: LAWRENCE VECCHIO
VRI HOMES
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2410466R

Frequently Asked Questions

When was property at 33 Owens Road built and last sold?
The property at 33 Owens Road was built in 1962 and last sold on Apr 7, 1997 for $162,000.
How much is this home worth?
The estimated value of the home located at 33 Owens Road is $645,390.
What are some comparable homes to 33 Owens Road?
There are currently no comparable homes to 33 Owens Road.
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