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Middlesex 07747
43 Van Ethel Drive
$720,000
● House - Off Market

43 Van Ethel Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
2 Baths
$4,140
Est. Monthly
5.32%
Cap Rate

About This Property

Welcome to your dream home in the sought-after Madison Acres section of Old Bridge, New Jersey! This split-level beauty offers the perfect blend of comfort, style, and convenience. Prepare culinary delights in the tastefully designed kitchen featuring elegant maple cabinets, sleek granite countertops, and top-of-the-line stainless steel appliances. Admire the timeless beauty of hardwood floors throughout the home, adding warmth and character to every room. Go outside to your own private paradise! Relax, unwind and entertain in style with a spacious patio overlooking the inviting inground pool. Complete with a vinyl liner and dolphin cleaner, this pool promises endless hours of fun and relaxation for you and your family and a convenient shed for all your pool storage needs.
Unit Size
-
Days on Market
70 days
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1956

Payment Calculator

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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 #2354426M)

Price History

Date / Event Date Event Price
Jul 26, 2024 Sold
Premium
Sold
Jun 28, 2024 In contract -
In contract
Jun 19, 2024 Price Decreased $709,000
↓ $10K (1.4%)
Price Decreased
May 31, 2024 Relisted $719,000
Relisted
May 31, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADISON ACRES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007909

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 1112
  • Account Number: 07141000
  • District: 15
  • Parcel: 15 11249-0000-00043
  • Block: 11249
  • Lot: 43
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4211
  • Longitude: -74.2745

    Address

  • Full Address: 43 Van Ethel Dr
  • Address - House Number: 43
  • Address - Street Name: Van Ethel
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: R001
  • 4-Digit Zip Code: 9632
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $765,728

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 538,892
  • High Value: 629,436
  • Low Value: 448,347

    Market Valuation

  • Market Total Value: $143,100
  • Market Land Value: $53,000
  • Market Improvement Value: $90,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,100
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $90,100

    Sales

  • Current Sale Contract Date: Oct 30, 2002
  • Current Sale Recording Date: Jan 27, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 25, 2001
  • Previous Sale Contract Date: Apr 17, 2001
  • Previous Sale Amount: $170,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1348 ft²

Average Home Age

34 years

Currently For Sale

1894 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 16 Gordon Street, Aberdeen, NJ, 07721

$3,600 /mo

  • 3 Beds
  • 3 Baths
16 Gordon Street, Aberdeen, NJ, 07721 Listing by FARRUKH EJAZ
Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: KAREN VANECHANOS
REDFIN CORPORATION
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2354426M

Frequently Asked Questions

When was property at 43 Vanethel Drive built and last sold?
The property at 43 Vanethel Drive was built in 1956 and last sold on Oct 30, 2002 for $330,000.
How much is this home worth?
The estimated value of the home located at 43 Vanethel Drive is $716,090.
What are some comparable homes to 43 Vanethel Drive?
There are currently no comparable homes to 43 Vanethel Drive.
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