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Essex 07109
35 Davidson Street
$385,000
● House - Off Market

35 Davidson Street

Belleville, NJ 07109
bedrooms
3 Beds
bathrooms
1 Bath
$424,369
RealtyHop Estimate
13.17%
Since Feb 1, 2022
NY-New York
Primary Model

About This Property

Welcome home!  This lovely property was recently renovated down to the studs and finally ready for the new homeowners.  Several perks offered in the kitchen are premium Quartz countertops, new 42'' gleaming cabinets and freshly painted new sheetrock.  The unfinished basement has great storage space and both the washer and dryer are located there as well.  The furnace and hot water heater were recently replaced, just another few perks of this great property.  Enjoy the backyard, along with all of the conveniences Belleville has to offer.  Don't miss this chance to own a beautiful home in a desirable neighborhood.  Make your appointment to tour this one today! Property is in flood zone.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$600
HOA Dues
-
Year Built
1924

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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 (MOMLS #22134552)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Premium
Sold
Oct 21, 2021 Listed by Keller Williams Realty West Monmouth $375,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 3,751
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 375
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 975
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Belleville Town School District
  • Census Tract: 014400

Geography

  • Assessors Map Reference: TAX MAP 97
  • Account Number: 00000330
  • District: 01
  • Parcel: 01 09703-0000-00018
  • Block: 9703
  • Lot: 18
  • Municipality: BELLEVILLE TWP
  • Latitude: 40.7954
  • Longitude: -74.1438

    Address

  • Full Address: 35 Davidson St
  • Address - House Number: 35
  • Address - Street Name: Davidson
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Belleville
  • Carrier Code: C058
  • 4-Digit Zip Code: 3207
  • Zip Code: 07109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,162

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 385,178
  • High Value: 476,044
  • Low Value: 294,312

    Market Valuation

  • Market Total Value: $192,200
  • Market Land Value: $94,600
  • Market Improvement Value: $97,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,200
  • Assessed Land Value: $94,600
  • Assessed Improvements Value: $97,600

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16084
  • Previous Sale Recording Date: Apr 30, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 12
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 Essex

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$323

Below Asking

0.01%

Average Days on Market

48

Average Home Size

441 ft²

Average Home Age

-

Currently For Sale

2639 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 18 Van Rensselear, Belleville, NJ, 07109

$2,700 /mo

  • 2 Beds
  • 1 Bath
18 Van Rensselear, Belleville, NJ, 07109 Listing by Giselle Ortega

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dana Cadena, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22134552
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 35 Davidson Street built and last sold?
The property at 35 Davidson Street was built in 1924 and last sold on Jan 7, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 35 Davidson Street is $0.
What are some comparable homes to 35 Davidson Street?
There are currently no comparable homes to 35 Davidson Street.
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