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Essex 07110
481 Hartford Drive
$550,512*
● Townhouse - Off Market

481 Hartford Drive

nutley, NJ 07110
bedrooms
Studio
bathrooms
0 Bath
$477,000 - $583,000
Reference Base Price*
3.87%
Since May 1, 2023
NY-New York
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
2001

Payment Calculator

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Cap Rate Calculator

Purchase Price
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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.

Price History

Date / Event Date Event Price
Apr 6, 2023 No longer available -
No longer available
Jan 3, 2023 Listed $530,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • 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: 0
  • Total Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 2

Neighborhood

  • School District Name: Nutley Town School District
  • Census Tract: 013600

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 16
  • Parcel: 16 00800-0000-00001-0000-C3062
  • Block: 800
  • Lot: 1
  • Municipality: NUTLEY TWP
  • Latitude: 40.8247
  • Longitude: -74.1394

    Address

  • Full Address: 481 Hartford Dr
  • Address - House Number: 481
  • Address - Street Name: Hartford
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Nutley
  • Carrier Code: C044
  • 4-Digit Zip Code: 3944
  • Zip Code: 07110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,399,154

    Appraisal Valuation

  • Standard Deviation: 0.1068
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 89
  • Final Value: 572,679
  • High Value: 633,844
  • Low Value: 511,513

    Market Valuation

  • Market Total Value: $362,100
  • Market Land Value: $98,500
  • Market Improvement Value: $263,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $362,100
  • Assessed Land Value: $98,500
  • Assessed Improvements Value: $263,600

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Jan 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1881
  • Previous Sale Recording Date: Nov 14, 2014
  • Previous Sale Contract Date: Nov 05, 2014
  • Previous Sale Amount: $427,000
  • 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 Essex

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$323

Below Asking

0.01%

Average Days on Market

71

Average Home Size

597 ft²

Average Home Age

6.1 years

Currently For Sale

1701 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 21 4th, North Arlington, NJ, 07031

$2,600 /mo

  • 3 Beds
  • 1 Bath
21 4th, North Arlington, NJ, 07031 Listing by Erika T. Vasquez
Unit for rent at 20 Summit, Lyndhurst, NJ, 07071

$2,500 /mo

  • 2 Beds
  • 1 Bath
20 Summit, Lyndhurst, NJ, 07071 Listing by John Cappiello
Unit for rent at 236-238 Stuyvesant, Lyndhurst, NJ, 07071

$2,500 /mo

  • 2 Beds
  • 1 Bath
236-238 Stuyvesant, Lyndhurst, NJ, 07071 Listing by Pedro Morejon

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 481 Hartford Drive built and last sold?
The property at 481 Hartford Drive was built in 2001 and last sold on Dec 22, 2022 for $530,000.
How much is this home worth?
The estimated value of the home located at 481 Hartford Drive is $0.
What are some comparable homes to 481 Hartford Drive?
There are currently no comparable homes to 481 Hartford Drive.
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