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Old Bridge 08857
37 Prests Mill Road
$580,000
● House - Off Market

37 Prests Mill Road

Old Bridge, NJ 08857
bedrooms
5 Beds
bathrooms
3 Baths
$652,650
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Showings start 7/10. Welcome Home to this Beautiful Lakeridge West property. Sprawling over Half an Acre this 5 bedroom Custom Home has plenty of space for everyone. Oversized family room with fireplace opening to the kitchen.  Large Dining Room and Kitchen to entertain with sliders leading out to the well landscaped backyard. Laundry, Two Bedrooms and Two Full bathrooms on main level. Upstairs another Full bathroom and 3 more Oversized Bedrooms. Unfinished attic can create bonus space or be used for storage. Development offers a Swim Club with Inground Pool. Close to All major highways and shopping.
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$863
HOA Dues
$575
Year Built
1966

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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 #2200291R)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by WEICHERT CO REALTORS $579,900
Listed by WEICHERT CO REALTORS

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 22,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,309
  • Building Area: 2,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,309
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: BLOCK: 13000.16

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007914

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 1313
  • Account Number: 08202000
  • District: 15
  • Parcel: 15 13000- 16-00014
  • Block: 13000
  • Lot: 14
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.386
  • Longitude: -74.292

    Address

  • Full Address: 37 Prests Mill Rd
  • Address - House Number: 37
  • Address - Street Name: Prests Mill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C028
  • 4-Digit Zip Code: 2737
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,066,540

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 688,601
  • High Value: 804,550
  • Low Value: 572,652

    Market Valuation

  • Market Total Value: $199,800
  • Market Land Value: $66,000
  • Market Improvement Value: $133,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,800
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $133,800

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021137550
  • Previous Sale Recording Date: Jun 10, 2002
  • Previous Sale Contract Date: May 11, 2002
  • 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:

$639,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1688 ft²

Average Home Age

55.8 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

Rentals Near You

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CJMLS

Listed by: NICOLE ROKOSZ
WEICHERT CO REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2200291R

Frequently Asked Questions

When was property at 37 Prests Mill Road built and last sold?
The property at 37 Prests Mill Road was built in 1966 and last sold on Oct 7, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 37 Prests Mill Road is $0.
What are some comparable homes to 37 Prests Mill Road?
There are currently no comparable homes to 37 Prests Mill Road.
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