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Bergen
406 Rutherford Avenue
$540,000
● House - Off Market

406 Rutherford Avenue

Lyndhurst, NJ 07071
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,279 Ft²
$3,252
Est. Monthly
5.32%
Cap Rate
Unit Size
1,279 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$414
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22415645)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Jul 23, 2024 In contract -
In contract
Jun 4, 2024 Listed by Keller Williams Realty West Monmouth $530,000
Listed by Keller Williams Realty West Monmouth
Jul 18, 2023 Sold
Premium
Sold
May 8, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 17
  • Exterior Walls Type: 0
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,402
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,495
  • Building Area: 1,495
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,495
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lyndhurst Township School District
  • Census Tract: 031200

Zoning

  • Zoning: R-A

Geography

  • Account Number: 00044400
  • District: 32
  • Parcel: 32 00017-0000-00002
  • Block: 17
  • Lot: 2
  • Municipality: LYNDHURST TWP
  • Latitude: 40.8185
  • Longitude: -74.1176

    Address

  • Full Address: 406 Rutherford Ave
  • Address - House Number: 406
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lyndhurst
  • Carrier Code: C033
  • 4-Digit Zip Code: 1109
  • Zip Code: 07071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $691,813

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 477,717
  • High Value: 516,558
  • Low Value: 438,877

    Market Valuation

  • Market Total Value: $383,500
  • Market Land Value: $196,400
  • Market Improvement Value: $187,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,500
  • Assessed Land Value: $196,400
  • Assessed Improvements Value: $187,100

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51389
  • Previous Sale Recording Date: Mar 05, 2008
  • Previous Sale Contract Date: Feb 26, 2008
  • Previous Sale Amount: $320,000
  • 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 Bergen

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

65

Average Home Size

481 ft²

Average Home Age

62.2 years

Currently For Sale

3369 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 60 Morrissee, Wallington, NJ, 07057

$2,950 /mo

  • 3 Beds
  • 2 Baths
60 Morrissee, Wallington, NJ, 07057 Listing by Katrina Iwinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Frank Coppola, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22415645
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 406 Rutherford Avenue built and last sold?
The property at 406 Rutherford Avenue was built in 1925 and last sold on Jul 17, 2023 for $474,000.
How much is this home worth?
The estimated value of the home located at 406 Rutherford Avenue is $535,042.
What are some comparable homes to 406 Rutherford Avenue?
There are currently no comparable homes to 406 Rutherford Avenue.
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