476 Joralemon Street #C2
About This Property
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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%.
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2024 | Sold | $190,000 | |
| Sold | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by KELLER WILLIAMS ELITE REALTORS | $165,000 | |
| Listed by KELLER WILLIAMS ELITE REALTORS | |||
Property Highlights
476 Joralemon Street #C2, Belleville, NJ, 07109
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/09/2024
|
1 Bed
|
1 Bath
|
-
|
$199,900
1 Bed
1 Bath
|
$215,000
+7.55%
05/02/2024
|
-
|
Jason R. Dion
Century 21 The Crossing
|
|
|
11/02/2023
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$190,000
+15.15%
01/16/2024
|
-
|
CELADAWN REID
KELLER WILLIAMS ELITE REALTORS
|
|
|
10/05/2022
|
1 Bed
|
1 Bath
|
-
|
$165,000
1 Bed
1 Bath
|
$165,000
05/15/2023
|
-
|
Francisco Tinajero
Coldwell Banker, Clifton
|
|
|
01/16/2020
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
-
-
|
-
|
-
|
|
|
10/31/2019
|
Studio
|
1 Bath
|
-
|
$99,000
Studio
1 Bath
|
-
-
|
-
|
-
|
|
|
09/27/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
|
|
06/11/2018
|
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
|
11/30/-0001
|
2 Bed
|
1 Bath
|
-
|
$199,000
2 Bed
1 Bath
|
$220,000
+10.55%
02/12/2024
|
-
|
QUEENELLA GIBSON-DELPHIN
COLDWELL BANKER REALTY
|
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
$160,000
+0.06%
07/20/2023
|
-
|
DOMENICK NICASTRO
RE/MAX PARK SQUARE
|
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$159,900
1 Bed
1 Bath
|
$160,000
+0.06%
06/14/2023
|
-
|
FRANK PERRY
PATRICIAN ASSOCIATES
|
|
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$159,000
1 Bed
1 Bath
|
$165,000
+3.77%
05/09/2023
|
-
|
Francisco Tinajero
Coldwell Banker, Clifton
|
Building Info
- 2 Units for Sale
About Essex
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KELLER WILLIAMS ELITE REALTORS
Last Updated: 9 months ago
Data Source: CJMLS , MLS# 2405076R
