16
Map
401 Route 22 Highway #52B
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 23, 2024 | Sold | ||
Sold | |||
Jun 8, 2024 | In contract | - | |
In contract | |||
May 21, 2024 | Listed by WEICHERT CO REALTORS | $235,000 | |
Listed by WEICHERT CO REALTORS |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/24/2024
|
1 Bed
|
1 Bath
|
-
|
$219,900
1 Bed
1 Bath
|
$205,000
-6.78%
09/05/2024
|
-
|
Robert Dekanski
RE/MAX 1st Advantage
| |
05/21/2024
|
1 Bed
|
1 Bath
|
-
|
$235,000
1 Bed
1 Bath
|
$245,000
+4.26%
07/23/2024
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
02/08/2024
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
$206,000
-1.90%
06/29/2024
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
01/10/2024
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$200,000
+2.56%
05/01/2024
|
-
|
Tanya Cleary
RE/MAX Real Estate
| |
10/03/2023
|
1 Bed
|
1 Bath
|
779 ft²
|
$179,900
1 Bed
1 Bath
779 ft²
|
$148,000
-17.73%
11/29/2023
|
-
|
NICOLE CARRERA
DIANE TURTON, REALTORS
| |
04/06/2022
| |
1 Bed
|
1 Bath
|
-
|
$150,000
1 Bed
1 Bath
|
-
-
|
-
|
Maria Staikopoulos
Watchung
|
06/01/2023
|
1 Bed
|
1 Bath
|
-
|
$209,900
1 Bed
1 Bath
|
$220,000
+4.81%
07/27/2023
|
-
|
Dinesh Desai
DDS Real Estate
| |
05/19/2023
|
1 Bed
|
1 Bath
|
-
|
$189,000
1 Bed
1 Bath
|
$200,000
+5.82%
09/18/2023
|
-
|
SHARON HARMON
KELLER WILLIAMS ELITE REALTORS
| |
04/21/2023
|
1 Bed
|
1 Bath
|
-
|
$192,000
1 Bed
1 Bath
|
$220,000
+14.58%
06/09/2023
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
10/25/2022
|
Studio
|
1 Bath
|
-
|
$135,000
Studio
1 Bath
|
$122,000
-9.63%
11/30/2022
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
10/07/2022
|
1 Bed
|
1 Bath
|
-
|
$167,500
1 Bed
1 Bath
|
$185,000
+10.45%
11/11/2022
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
08/11/2022
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$157,000
-4.85%
09/30/2022
|
-
|
ROSSE MENDEZ
CENTURY 21 ALLIANCE REALTY
| |
07/28/2022
|
1 Bed
|
1 Bath
|
-
|
$147,999
1 Bed
1 Bath
|
-
-
|
-
|
ALEJANDRA CHACON
C-21 VAN SYCKEL ~ GOLDEN POST
| |
06/14/2022
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
$130,000
-7.08%
07/20/2022
|
-
|
Robert Dekanski
RE/MAX 1st Advantage
| |
01/24/2022
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
-
-
|
-
|
ALEJANDRA CHACON
C-21 VAN SYCKEL ~ GOLDEN POST
| |
03/23/2022
|
2 Bed
|
1 Bath
|
-
|
$220,000
2 Bed
1 Bath
|
-
-
|
-
|
Cheryl Cook
Exp Realty
| |
12/21/2021
|
1 Bed
|
1 Bath
|
-
|
$159,999
1 Bed
1 Bath
|
-
-
|
-
|
JACK QIZHAN YAO
REALMART REALTY
| |
12/07/2021
|
2 Bed
|
1 Bath
|
-
|
$195,000
2 Bed
1 Bath
|
$175,000
-10.26%
04/06/2022
|
-
|
KEVIN FREEMAN
RE/MAX OUR TOWN
| |
11/18/2021
|
1 Bed
|
1 Bath
|
-
|
$139,000
1 Bed
1 Bath
|
-
-
|
-
|
Morgan Belvin
RE/MAX Real Estate
| |
10/26/2021
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
$115,000
-4.09%
12/20/2021
|
-
|
Elba Lupo
J J Elek Realty Inc
| |
10/12/2021
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
-
-
|
-
|
ELIZABETH HORVATH
C-21 VAN SYCKEL ~ GOLDEN POST
| |
05/24/2021
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
$140,000
-3.45%
08/17/2021
|
-
|
HARISH VERMA
BETTER HOMES & GARDEN R.E. M3
| |
04/29/2021
|
1 Bed
|
1 Bath
|
-
|
$145,000
1 Bed
1 Bath
|
-
-
|
-
|
DANA HUTCHINSON
KELLER WILLIAMS REALTY
| |
02/09/2021
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
01/17/2021
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
12/09/2020
|
1 Bed
|
1 Bath
|
-
|
$140,000
1 Bed
1 Bath
|
$130,000
-7.14%
01/08/2021
|
-
|
LISSETTE FERRERAS
COLDWELL BANKER REALTY
| |
11/30/2020
|
Loft
|
1 Bath
|
-
|
$129,900
Loft
1 Bath
|
-
-
|
-
|
-
| |
10/01/2020
|
1 Bed
|
1 Bath
|
-
|
$136,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
09/16/2020
| |
2 Bed
|
1 Bath
|
-
|
$120,000
2 Bed
1 Bath
|
$120,000
10/30/2020
|
SANDRA CHAMBERS
| |
08/29/2020
|
Loft
|
1 Bath
|
-
|
$109,999
Loft
1 Bath
|
-
-
|
-
|
-
| |
05/10/2020
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
03/31/2020
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
02/04/2020
|
1 Bed
|
1 Bath
|
-
|
$123,500
1 Bed
1 Bath
|
$120,000
-2.83%
07/31/2020
|
-
|
MERILEEN REGALADO FLETE
KELLER WILLIAMS ELITE REALTORS
| |
02/17/2020
|
1 Bed
|
1 Bath
|
-
|
$123,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
02/03/2020
|
1 Bed
|
1 Bath
|
-
|
$123,900
1 Bed
1 Bath
|
$123,900
04/06/2020
|
-
|
MERILEEN REGALADO FLETE
KELLER WILLIAMS ELITE REALTORS
| |
01/13/2020
|
1 Bed
|
1 Bath
|
-
|
$126,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
01/07/2020
|
2 Bed
|
1 Bath
|
-
|
$109,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
10/01/2019
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
08/14/2019
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
07/25/2019
|
2 Bed
|
1 Bath
|
-
|
$123,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
06/03/2019
|
2 Bed
|
1 Bath
|
-
|
$125,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
04/17/2019
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
03/17/2019
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
03/13/2019
|
2 Bed
|
1 Bath
|
1002 ft²
|
$146,000
2 Bed
1 Bath
1002 ft²
|
-
-
|
-
|
-
| |
09/30/2018
|
1 Bed
|
1 Bath
|
-
|
$109,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
08/06/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
06/11/2018
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
08/24/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
08/21/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
08/06/2018
|
1 Bed
|
1 Bath
|
667 ft²
|
$99,000
1 Bed
1 Bath
667 ft²
|
$101,000
+2.02%
12/10/2018
|
-
|
Lisa Lopez
Home Alliance Realty, LLC
| |
08/03/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
07/30/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
03/08/2014
|
1 Bed
|
1 Bath
|
-
|
$75,000
1 Bed
1 Bath
|
$72,500
-3.33%
06/24/2014
|
-
|
Guiseppina Diez
Keller Williams Realty West Monmouth
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
$198,500
+7.30%
12/06/2024
|
-
|
FATIMA C. MATOS
HALO REALTY PROPERTIES LLC
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$209,900
1 Bed
1 Bath
|
$209,900
12/06/2024
|
-
|
Brittany Morales
Signature Realty NJ
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$189,000
1 Bed
1 Bath
|
$200,000
+5.82%
08/22/2023
|
-
|
SHARON HARMON
KELLER WILLIAMS ELITE REALTORS
| |
11/30/-0001
|
2 Bed
|
1 Bath
|
-
|
$244,900
2 Bed
1 Bath
|
$235,000
-4.04%
01/10/2025
|
-
|
PAUL LAMASTRA
SUBURB REALTY AGENCY
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$239,900
1 Bed
1 Bath
|
$232,500
-3.08%
10/25/2024
|
-
|
ROHINI AGARWAL
WEICHERT CO REALTORS
| |
11/30/-0001
|
Studio
|
1 Bath
|
-
|
$215,900
Studio
1 Bath
|
$180,000
-16.63%
12/04/2024
|
-
|
DON VILLANE
WEICHERT REALTORS
| |
11/30/-0001
|
2 Bed
|
1 Bath
|
-
|
$265,900
2 Bed
1 Bath
|
$290,000
+9.06%
08/20/2024
|
-
|
WILLIAM C COLLINS
ERA QUEEN CITY REALTY
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$199,000
1 Bed
1 Bath
|
$185,000
-7.04%
10/25/2024
|
-
|
Leigh Anne Walker
Keller Williams Real Estate-Clinton
| |
11/30/-0001
|
Studio
|
1 Bath
|
-
|
$135,000
Studio
1 Bath
|
$122,000
-9.63%
11/30/2022
|
-
|
DEIRDRE HICKEY-SEDOR
WEICHERT REALTORS
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$224,800
1 Bed
1 Bath
|
$220,000
-2.14%
08/28/2023
|
-
|
ROHINI AGARWAL
WEICHERT CO REALTORS
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$229,900
1 Bed
1 Bath
|
$229,900
08/11/2023
|
-
|
Dolores Androvich
CENTURY 21 John Anthony Agency, Inc.
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$180,000
1 Bed
1 Bath
|
$190,000
+5.56%
08/02/2023
|
-
|
MILDRED CORREA
BHHS - NEW JERSEY PROPERTIES
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$157,000
-4.85%
09/30/2022
|
-
|
ROSSE MENDEZ
CENTURY 21 ALLIANCE REALTY
| |
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bat |