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Sewaren 07077
46 E Summit Avenue
$330,000
● House - Off Market

46 E Summit Avenue

Sewaren, NJ 07077
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$463,864
RealtyHop Estimate
36.83%
Since Apr 1, 2006
NY-New York
Primary Model

About This Property

SHOW AND SELL/ OWNER WILL ENTERTAIN ALL REASONABLE OFFERS/LARGE ROOMS / MASTER BEDROOM BIG ENOUGH FOR A KING SIZE BEDROOM SET/ GREAT AREA FOR RAISING YOUR FAMILY
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1950

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: 4 years ago (CJMLS #609243)

Price History

Date / Event Date Event Price
Mar 16, 2006 Sold
Premium
Sold
Dec 6, 2005 Listed by WEICHERT CO REALTORS $339,000
Listed by WEICHERT CO REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,523
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,523
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEWAREN PARK
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 480

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 003401

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 58
  • Account Number: 24982
  • District: 25
  • Parcel: 25 00711-0000-00479
  • Block: 711
  • Lot: 479
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.554
  • Longitude: -74.2612

    Address

  • Full Address: 46 E Summit Ave
  • Address - House Number: 46
  • Street Direction: E
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Sewaren
  • Carrier Code: C001
  • 4-Digit Zip Code: 1251
  • Zip Code: 07077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $825,574

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 463,376
  • High Value: 554,653
  • Low Value: 372,098

    Market Valuation

  • Market Total Value: $66,600
  • Market Land Value: $15,000
  • Market Improvement Value: $51,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,600
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $51,600

    Sales

  • Current Sale Contract Date: Mar 15, 2006
  • Current Sale Recording Date: Mar 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 27, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $265,000
  • 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 Sewaren

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

76

Average Home Size

1447 ft²

Average Home Age

43 years

Currently For Sale

4 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 438 Belgrade Street, Avenel, NJ, 07001

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 1,536 ft²
438 Belgrade Street, Avenel, NJ, 07001 Listing by MICHAEL LAICO
Unit for rent at 36 2nd Avenue, Port Reading, NJ, 07064

$3,000 /mo

  • 4 Beds
  • 1 Bath
36 2nd Avenue #B, Port Reading, NJ, 07064 Listing by YOUSUF S. SYED

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: JANET LARSEN
WEICHERT CO REALTORS
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 609243

Frequently Asked Questions

When was property at 46 East Summit Avenue built and last sold?
The property at 46 East Summit Avenue was built in 1950 and last sold on Mar 15, 2006 for $330,000.
How much is this home worth?
The estimated value of the home located at 46 East Summit Avenue is $342,390.
What are some comparable homes to 46 East Summit Avenue?
There are currently no comparable homes to 46 East Summit Avenue.
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