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Middlesex 07747
34 Van Ethel Drive
$485,000
● House - Off Market

34 Van Ethel Drive

Matawan, NJ 07747
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$650,625
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This lovely Ranch style home is situated on over an acre. You will be welcomed by a large living room with hardwood floors and bay window. You will love the gourmet kitchen with huge center island, granite counter tops and Jenn-air/Bosch appliances. Dining room has sliders to a huge Trex deck with awning and paver patio. Master bedroom has hardwood floors and attached updated bathroom. Two additional nice size bedrooms with hardwood under carpeting. Lots of closets and main level laundry.  New hall bathroom with granite vanity top and tub/shower. Fabulous full finished basement that has a half bathroom, accent brick wall, Bilco door and pool table. Fantastic private flat yard with a 12x14 shed. Whole house water filter. Conveniently located to all.
Unit Size
-
Days on Market
-
Land Size
1.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1968

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: 2 years ago (MOMLS #22024881)

Price History

Date / Event Date Event Price
Aug 28, 2020 Sold
Premium
Sold
Jul 22, 2020 Listed by Heritage House Sotheby's International Realty $475,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 55,950
  • Lot Size Depth Feet: 3,730
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001284
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007909

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 1112
  • Account Number: 07132000
  • District: 15
  • Parcel: 15 11249-0000-00034
  • Block: 11249
  • Lot: 34
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4212
  • Longitude: -74.2773

    Address

  • Full Address: 34 Van Ethel Dr
  • Address - House Number: 34
  • Address - Street Name: Van Ethel
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9633
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,502

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 600,229
  • High Value: 698,162
  • Low Value: 502,296

    Market Valuation

  • Market Total Value: $156,700
  • Market Land Value: $61,300
  • Market Improvement Value: $95,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,700
  • Assessed Land Value: $61,300
  • Assessed Improvements Value: $95,400

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020083883
  • Previous Sale Recording Date: Jan 13, 1993
  • Previous Sale Contract Date: Jan 13, 1993
  • Previous Sale Amount: $151,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$564,900

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1358 ft²

Average Home Age

42.9 years

Currently For Sale

1850 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 40 Staghorn Drive, Old Bridge, NJ, 07747

$3,500 /mo

  • 3 Beds
  • 2 Baths
40 Staghorn Drive, Old Bridge, NJ, 07747 Listing by ROSEMARY DIPASQUALE
Unit for rent at 96 Brewster Circle, Old Bridge, NJ, 08857

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,760 ft²
96 Brewster Circle, Old Bridge, NJ, 08857 Listing by KAVIN VANI

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan M Crowe, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22024881
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 34 Vanethel Drive built and last sold?
The property at 34 Vanethel Drive was built in 1968 and last sold on Aug 28, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 34 Vanethel Drive is $479,750.
What are some comparable homes to 34 Vanethel Drive?
There are currently no comparable homes to 34 Vanethel Drive.
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