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Fords 08863
420 Crows Mill Road
$490,000
● House - Off Market

420 Crows Mill Road

Fords, NJ 08863
bedrooms
3 Beds
bathrooms
3 Baths
$3,063
Est. Monthly
5.74%
Cap Rate

About This Property

Charming 3-bedroom, 3-bathroom Cape Cod home featuring a fully renovated. Enjoy the convenience of a fully finished basement interior with an open-concept design a full bathroom, perfect for versatile use. The spacious living room and eat-in kitchen boast laminate and wood floors and showcase brand new stainless steel appliances.  Additional highlights include a detached 1-car garage, a driveway with parking for 3 cars, and convenient laundry hookups. This property seamlessly blends modern updates with classic Cape Cod charm - a must-see gem!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1942

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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: 3 years ago (CJMLS #2406957R)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Jan 23, 2024 In contract -
In contract
Jan 23, 2024 Price Increased $499,000
↑ $70K (16.3%)
Price Increased
Jan 8, 2024 Listed by LIM BANCES REALTY LLC $429,000
Listed by LIM BANCES REALTY LLC
Apr 17, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,959
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,195
  • Building Area: 1,195
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,195
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 003203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 9
  • Account Number: 1010
  • District: 25
  • Parcel: 25 00014-0000-00001- 06
  • Block: 14
  • Lot: 1.06
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.5269
  • Longitude: -74.3055

    Address

  • Full Address: 420 Crows Mill Rd
  • Address - House Number: 420
  • Address - Street Name: Crows Mill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Fords
  • Carrier Code: C001
  • 4-Digit Zip Code: 2223
  • Zip Code: 08863

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $734,827

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 508,382
  • High Value: 551,965
  • Low Value: 464,799

    Market Valuation

  • Market Total Value: $61,600
  • Market Land Value: $23,700
  • Market Improvement Value: $37,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,600
  • Assessed Land Value: $23,700
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18046
  • Previous Sale Recording Date: Apr 18, 2023
  • Previous Sale Contract Date: Mar 30, 2023
  • Previous Sale Amount: $238,000
  • 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 Fords

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1191 ft²

Average Home Age

77.6 years

Currently For Sale

22 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 810 Woodbridge Commons Way, Iselin, NJ, 08830

$3,250 /mo

  • 3 Beds
  • 2 Baths
810 Woodbridge Commons Way, Iselin, NJ, 08830 Listing by ALKA ANEJA
Unit for rent at 71 Highview Drive, Woodbridge Proper, NJ, 07095

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,670 ft²
71 Highview Drive, Woodbridge Proper, NJ, 07095 Listing by MUDASIR JAMILE

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: LIM BANCES
LIM BANCES REALTY LLC
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2406957R

Frequently Asked Questions

When was property at 420 Crows Mill Road built and last sold?
The property at 420 Crows Mill Road was built in 1942 and last sold on Feb 22, 2024 for $490,000.
How much is this home worth?
The estimated value of the home located at 420 Crows Mill Road is $433,290.
What are some comparable homes to 420 Crows Mill Road?
There are currently no comparable homes to 420 Crows Mill Road.
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