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Middlesex
45 Nelson Avenue
$680,000
● House - Off Market

45 Nelson Avenue

Monroe, NJ 08816
bedrooms
5 Beds
bathrooms
2 Baths
$3,724
Est. Monthly
10.03%
Cap Rate

About This Property

Welcome Home to this beautifully fully renovated, Modern bi-level in the heart of Monroe! This Spacious 5 bedroom, 2 full bath home has a Brand New Kitchen, Quartz Countertops, Breakfast Bar, Stainless Steel Appliances, Beautiful New Light Fixtures and Wood & Porcelain Tile Flooring. There are 2 wood burning fireplaces in each of the living rooms, perfect for multi-generational living. There is ample parking in the extra-wide driveway and oversized 1 car attached garage. Enjoy your morning coffee on your 2nd Story Deck which leads down to a fully fence-in back yard. Brand new siding, windows, water heater, washer/dryer and wood flooring. Close access to Rts. 9, 18, and NJTPK for easy commuting. Nothing to do but move in!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1950

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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 #2404823R)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Nov 9, 2023 In contract -
In contract
Oct 26, 2023 Listed by KELLER WILLIAMS WEST MONMOUTH $645,000
Listed by KELLER WILLIAMS WEST MONMOUTH

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,113
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: East Brunswick Township School District
  • Census Tract: 006500

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 1202
  • Account Number: 14249
  • District: 04
  • Parcel: 04 00623-0000-00003
  • Block: 623
  • Lot: 3
  • Municipality: EAST BRUNSWICK TWP
  • Latitude: 40.4399
  • Longitude: -74.42

    Address

  • Full Address: 45 Nelson Cir
  • Address - House Number: 45
  • Address - Street Name: Nelson
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: East Brunswick
  • Carrier Code: C009
  • 4-Digit Zip Code: 2225
  • Zip Code: 08816

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $787,689

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 659,803
  • High Value: 716,366
  • Low Value: 603,239

    Market Valuation

  • Market Total Value: $67,700
  • Market Land Value: $18,600
  • Market Improvement Value: $49,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,700
  • Assessed Land Value: $18,600
  • Assessed Improvements Value: $49,100
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:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1590 ft²

Average Home Age

30.4 years

Currently For Sale

2868 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

Rentals Near You

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CJMLS

Listed by: JOSE SANCHEZ
KELLER WILLIAMS WEST MONMOUTH
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2404823R

Frequently Asked Questions

When was property at 45 Nelson Circle built and last sold?
The property at 45 Nelson Circle was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 45 Nelson Circle is $0.
What are some comparable homes to 45 Nelson Circle?
There are currently no comparable homes to 45 Nelson Circle.
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