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Sewaren 07077
38 Ned Court
$570,000
● House - Off Market

38 Ned Court

Sewaren, NJ 07077
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$4,059
Est. Monthly
6.29%
Cap Rate

About This Property

Welcome to this charming Colonial house located in prime location in Sewaren. Brand new roof, close to transportation, shopping center, and many more.   Act Fast this one won't last long!!
Unit Size
-
Days on Market
136 days
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,112
HOA Dues
-
Year Built
1992

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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 (CJMLS #2413563R)

Price History

Date / Event Date Event Price
Nov 5, 2024 Sold
Premium
Sold
Aug 29, 2024 In contract -
In contract
Aug 7, 2024 Price Decreased $599,999
↓ $15K (2.4%)
Price Decreased
Jul 10, 2024 Price Decreased $615,000
↓ $15K (2.4%)
Price Decreased
Jun 28, 2024 Price Decreased $629,999
↓ $10K (1.6%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 2,050
  • Building Area: 2,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARRIAGE HOUSE SEC 02
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 003401

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 71
  • Account Number: 72293850
  • District: 25
  • Parcel: 25 00666-0000-00046
  • Block: 666
  • Lot: 46
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5609
  • Longitude: -74.2564

    Address

  • Full Address: 38 Ned Ct
  • Address - House Number: 38
  • Address - Street Name: Ned
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Sewaren
  • Carrier Code: C001
  • 4-Digit Zip Code: 1014
  • Zip Code: 07077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,301,868

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 614,396
  • High Value: 729,742
  • Low Value: 499,050

    Market Valuation

  • Market Total Value: $103,200
  • Market Land Value: $17,000
  • Market Improvement Value: $86,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,200
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $86,200

    Sales

  • Current Sale Contract Date: Feb 01, 2008
  • Current Sale Recording Date: Feb 22, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2008002147
  • Previous Sale Recording Date: Jan 27, 2004
  • Previous Sale Contract Date: Nov 18, 2003
  • Previous Sale Amount: $380,000
  • 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 Sewaren

Stats & Trends

Median Asking:

$517,056

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1388 ft²

Average Home Age

-

Currently For Sale

7 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 287 E Smith Street E, Woodbridge Proper, NJ, 07095

$4,000 /mo

  • 4 Beds
  • 2 Baths
287 E Smith Street E, Woodbridge Proper, NJ, 07095 Listing by YOUSUF S. SYED

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: JOSEPH DEVIZIO
J.J. ELEK REALTY CO.
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2413563R

Frequently Asked Questions

When was property at 38 Ned Court built and last sold?
The property at 38 Ned Court was built in 1992 and last sold on Feb 1, 2008 for $460,000.
How much is this home worth?
The estimated value of the home located at 38 Ned Court is $605,999.
What are some comparable homes to 38 Ned Court?
There are currently no comparable homes to 38 Ned Court.
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