by RHP Realty
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Somerset 08502
43 Ketcham Rd
$1,075,000
● House - Off Market

43 Ketcham Rd

Montgomery Twp., NJ 08502
bedrooms
4 Beds
bathrooms
2.1 Baths
$4,830
Est. Monthly
$165
HOA / Fees
5.35%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
1995

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 (GSMLS #3870263)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Nov 3, 2023 In contract -
In contract

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 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: 15,420
  • Total Building Area: 3,383
  • Building Area: 3,383
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,383
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Montgomery Township School District
  • Census Tract: 053905

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: 6567
  • District: 13
  • Parcel: 13 05004-0000-00035
  • Block: 5004
  • Lot: 35
  • Municipality: MONTGOMERY TWP
  • Latitude: 40.4578
  • Longitude: -74.6464

    Address

  • Full Address: 43 Ketcham Rd
  • Address - House Number: 43
  • Address - Street Name: Ketcham
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Belle Mead
  • Carrier Code: R017
  • 4-Digit Zip Code: 4304
  • Zip Code: 08502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,047,639

    Appraisal Valuation

  • Standard Deviation: 0.0722
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 95
  • Final Value: 959,397
  • High Value: 1,028,760
  • Low Value: 890,033

    Market Valuation

  • Market Total Value: $598,200
  • Market Land Value: $196,400
  • Market Improvement Value: $401,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $598,200
  • Assessed Land Value: $196,400
  • Assessed Improvements Value: $401,800

    Sales

  • Current Sale Contract Date: Jan 08, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4762
  • Previous Sale Recording Date: Jun 21, 1995
  • Previous Sale Contract Date: Jun 16, 1995
  • Previous Sale Amount: $289,900
  • 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 Somerset

Stats & Trends

Median Asking:

$627,000

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1250 ft²

Average Home Age

40.1 years

Currently For Sale

780 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 1401 Taggert Drive, Montgomery, NJ, 08502

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,466 ft²
1401 Taggert Drive, Montgomery, NJ, 08502 Listing by MARIA P. SITOY

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 3 years ago
Data Source: GSMLS, MLS# 3870263
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. 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 43 Ketcham Road built and last sold?
The property at 43 Ketcham Road was built in 1995 and last sold on Jan 8, 2024 for $1,075,000.
How much is this home worth?
The estimated value of the home located at 43 Ketcham Road is $0.
What are some comparable homes to 43 Ketcham Road?
There are currently no comparable homes to 43 Ketcham Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Somerset Homes for Sale
Somerset Houses for Sale
Somerset Condos for Sale
Somerset Townhouses for Sale
Somerset Multifamily for Sale
Somerset Land for Sale
Somerset Commercial for Sale
Somerset Homes with Basements
Nearby Cities
Philadelphia Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Trenton Homes for Sale
Sayreville Homes for Sale
Paterson Homes for Sale
Hoboken Homes for Sale
Nearby Property Records
Somerset County, NJ Property Records
Hunterdon County, NJ Property Records
Middlesex County, NJ Property Records
Union County, NJ Property Records
Morris County, NJ Property Records
Mercer County, NJ Property Records
Essex County, NJ Property Records
Warren County, NJ Property Records
Neighborhoods
Kensington Real Estate
Bay Ridge Real Estate
Northeast Philadelphia Real Estate
Port Richmond Real Estate
Logan - Ogontz - Fern Rock Real Estate
Frankford Real Estate
The Heights Real Estate
Tacony - Wissinoming Real Estate
Nearby Counties
Monmouth Homes for Sale
Philadelphia Homes for Sale
Middlesex Homes for Sale
Essex Homes for Sale
Mercer Homes for Sale
Bergen Homes for Sale
Morris Homes for Sale
Hudson Homes for Sale
Top Real Estate Agents
Top Agents in Somerset
Top Agents in Monmouth
Top Agents in Philadelphia
Top Agents in Philadelphia
Top Agents in Middlesex
Top Agents in Essex
Top Agents in Mercer
Top Agents in Bergen