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Burlington
36 Bunting Bridge Road
$520,000
● House - Off Market

36 Bunting Bridge Road

Cookstown, NJ 08511
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,850 Ft²
$609,302
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Create your oasis here! Farm assessed. Plenty of privacy and serenity awaits you in this 4 bedroom, 3 full and 1 half bathroom Colonial that rests on 13 acres. Separate entrance to 4th bedroom is on 1st floor with full bathroom.  8 stall barn and fenced in paddock. An oversized workshop/garage. Run in Shed.  A place for horses (your own or board) or do some growing yourself or lease the land.  Centrally located on the Monmouth and Ocean County border and major highways. Property backs to a stream and has trails for walking, horse back riding or quads. Bring your ideas and truly create your own way of living. This is a must see today!
Unit Size
2,850 Ft²
Days on Market
-
Land Size
13.00 acres
Price per sqft
$172
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1980

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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 #22039167)

Price History

Date / Event Date Event Price
Mar 23, 2021 Sold
Premium
Sold
Nov 1, 2020 Listed by Weichert Realtors-Manalapan $489,999
Listed by Weichert Realtors-Manalapan

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,850
  • Gross Building Area: 2,850
  • Building Area: 2,850
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: 3A

Neighborhood

  • School District Name: New Hanover Township School District
  • Census Tract: 704801

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 25
  • Parcel: 25 00006-0000-00002- 02
  • Block: 6
  • Lot: 2.02
  • Municipality: NEW HANOVER TWP
  • Latitude: 40.0488
  • Longitude: -74.5528

    Address

  • Full Address: 36 Bunting Bridge Rd
  • Address - House Number: 36
  • Address - Street Name: Bunting Bridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Cookstown
  • Carrier Code: R003
  • 4-Digit Zip Code: 1105
  • Zip Code: 08511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,835

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 82
  • Final Value: 446,315
  • High Value: 512,088
  • Low Value: 380,542

    Market Valuation

  • Market Total Value: $228,700
  • Market Land Value: $44,000
  • Market Improvement Value: $184,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $228,700
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5635097
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 Burlington

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1978 ft²

Average Home Age

37 years

Currently For Sale

1746 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 67 Jacobstown Road, Plumsted, NJ, 08533

$1,100 /mo

  • 1 Bed
  • 1 Bath
67 Jacobstown Road, Plumsted, NJ, 08533 Listing by Mark A Schneider

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Nuziale, Weichert Realtors-Manalapan
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22039167
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 36 Bunting Bridge Road built and last sold?
The property at 36 Bunting Bridge Road was built in 1980 and last sold on Mar 12, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 36 Bunting Bridge Road is $0.
What are some comparable homes to 36 Bunting Bridge Road?
There are currently no comparable homes to 36 Bunting Bridge Road.
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