Listed by: Angela Sicoli, [email protected], Century 21 Award Agency, (973) 661-3808, Listing Courtesy of NJMLS
$325,000
●
Condo -
Off Market
462 River Road #A
Nutley, NJ 07110
2 Beds
2 Baths,
1
Half Bath
$2,547
Est. Monthly
$416
HOA / Fees
6.24%
Cap Rate
About This Property
Spacious 2 bedroom, 1-1/2 bath condo with central air built in 1969
and renovated in 2015. Beautiful view of courtyard, freshly
painted, new vinyl plank floor in kitchen and new carpet
throughout. HOA fees include gas, water and pool usage. Personal
assigned parking #(1) and ample visitor parking close to unit,
private storage #(63). Laundry room has ample card operated washers
and dryers. Pet friendly. This unit will not disappoint!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$535
HOA Dues
$416
Year Built
1969
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Cap Rate Calculator
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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 (NJMLS #24014964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Century 21 Award Agency | $299,900 | |
| Listed by Century 21 Award Agency | |||
Property Highlights
Parking Details
Guest Parking, Pkg Spc Out
Interior Details
Bedrooms: 2
Bathrooms: 1
Half Bathrooms: 1
None
Exterior Details
View: None
Year Built: 1960's, Renovated
Financial Details
Tax: $6,414
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/15/2024
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
$325,000
+8.37%
06/19/2024
|
ANGELA SICOLI
C-21 AWARD AGENCY
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$295,000
1 Bed
1 Bath
|
-
-
|
Libera Schilare
The Agency Rutherford
| |
|
11/30/-0001
|
1 Bed
|
-
|
-
|
$295,000
1 Bed
-
|
-
-
|
Maria M. Heningburg
Berkshire Hathaway Home Services-Livingston
|
Building Info
About Essex
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Listed by: Angela Sicoli
Century 21 Award Agency
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24014964
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Century 21 Award Agency
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24014964
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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