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Middlesex 07747
49 Bennett Road
$515,000
● House - Off Market

49 Bennett Road

Old Bridge, NJ 07747
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$777,311
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This spacious, custom-built colonial home is in one of the most desirable locations in Old Bridge! Offering just the right amount of privacy, this expansive 1.4 acre property is beautifully situated on a dead-end street with endless woods and wetlands in your backyard.The unique floor plan in this two-story home offers a bright eat-in kitchen w/new stainless steel appliances, granite countertops, and a vintage freestanding wood stove.The master bedroom is located on the first floor and includes a full bathroom and walk-in closet. The three season room addition with high ceilings and a stunning slate floor completes the main level. Beautiful wooden stairs to additional bedrooms, bathrooms, and a pull-down attic. This five bedroom home is currently in the process of being updated, a
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,072
HOA Dues
-
Year Built
1983

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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: 3 years ago (MOMLS #21934308)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Aug 19, 2019 Listed by ERA Central Levinson $550,000
Listed by ERA Central Levinson

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 150
  • 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: 60,984
  • Total Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: BLOCK: 12261.11

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007911

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 1212
  • Account Number: 07842000
  • District: 15
  • Parcel: 15 12261- 11-00047- 12
  • Block: 12261
  • Lot: 47.12
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.403
  • Longitude: -74.2797

    Address

  • Full Address: 49 Bennett Rd
  • Address - House Number: 49
  • Address - Street Name: Bennett
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Matawan
  • Carrier Code: R004
  • 4-Digit Zip Code: 7066
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,367,181

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 740,665
  • High Value: 861,511
  • Low Value: 619,819

    Market Valuation

  • Market Total Value: $255,500
  • Market Land Value: $69,000
  • Market Improvement Value: $186,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,500
  • Assessed Land Value: $69,000
  • Assessed Improvements Value: $186,500

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021100691
  • Previous Sale Recording Date: Jun 10, 2020
  • Previous Sale Contract Date: May 27, 2020
  • Previous Sale Amount: $515,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1590 ft²

Average Home Age

30.4 years

Currently For Sale

2868 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

Rentals Near You

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MOMMLS

Listed by: Alyson Kelly, ERA Central Levinson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21934308
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 49 Bennett Road built and last sold?
The property at 49 Bennett Road was built in 1983 and last sold on Jul 30, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 49 Bennett Road is $0.
What are some comparable homes to 49 Bennett Road?
There are currently no comparable homes to 49 Bennett Road.
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