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Colonia 07067
47 Dewitt Terrace
$615,000
● House - Off Market

47 Dewitt Terrace

Colonia, NJ 07067
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,555 Ft²
$3,902
Est. Monthly
4.96%
Cap Rate

About This Property

Come discover this split level gem located on a quiet street in Colonia. Enjoy comfort and relaxation or entertain guests in the large open living/dining area and kitchen with stainless steel appliances that leads to a lovely three seasons room. This home features 4 bedrooms. Three spacious bedrooms and a full bath on the second level. The ground level has a den area, a bedroom and another full bath. Complete with a fenced in yard and patio, this home is the perfect blend of functionality and charm. Close to public transportation and highways. Schedule your showing today!
Unit Size
1,555 Ft²
Days on Market
119 days
Land Size
0.14 acres
Price per sqft
$405
Property Type
House
Property Taxes
$813
HOA Dues
-
Year Built
1951

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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: 2 years ago (CJMLS #2561822M)

Price History

Date / Event Date Event Price
Oct 16, 2025 Sold
Premium
Sold
Jul 25, 2025 In contract -
In contract
Jul 8, 2025 Price Decreased $629,000
↓ $21K (3.2%)
Price Decreased
Jun 19, 2025 Listed by RE/MAX SELECT $650,000
Listed by RE/MAX SELECT

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 6,307
  • Total Building Area: 1,555
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VIDEO PARK ESTATES SEC 01
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Woodbridge Township School District
  • Census Tract: 002301

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 148
  • Account Number: 20312
  • District: 25
  • Parcel: 25 00512- 03-00055
  • Block: 512.03
  • Lot: 55
  • Municipality: WOODBRIDGE TWP
  • Latitude: 40.6068
  • Longitude: -74.3195

    Address

  • Full Address: 47 Dewitt Ter
  • Address - House Number: 47
  • Address - Street Name: Dewitt
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Colonia
  • Carrier Code: C075
  • 4-Digit Zip Code: 1228
  • Zip Code: 07067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $930,447

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 528,864
  • High Value: 620,826
  • Low Value: 436,902

    Market Valuation

  • Market Total Value: $80,600
  • Market Land Value: $22,200
  • Market Improvement Value: $58,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,600
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $58,400

    Sales

  • Current Sale Contract Date: Apr 30, 2012
  • Current Sale Recording Date: May 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2012 004379
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 Colonia

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$383

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1310 ft²

Average Home Age

58.8 years

Currently For Sale

46 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 434 W Inman Ave, Rahway City, 07065-2419

$3,750 /mo

  • 3 Beds
  • 2 Baths
434 W Inman Ave, Rahway City, 07065-2419 Listing by CESAR LANDIVAR
Unit for rent at 215 Russell Ave, Rahway City, 07065-1521

$3,800 /mo

  • 4 Beds
  • 2 Baths
215 Russell Ave, Rahway City, 07065-1521 Listing by CATARINA GOMES

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: ANA MONTES
RE/MAX SELECT
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2561822M

Frequently Asked Questions

When was property at 47 Dewitt Terrace built and last sold?
The property at 47 Dewitt Terrace was built in 1951 and last sold on Apr 30, 2012 for $273,500.
How much is this home worth?
The estimated value of the home located at 47 Dewitt Terrace is $0.
What are some comparable homes to 47 Dewitt Terrace?
There are currently no comparable homes to 47 Dewitt Terrace.
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