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Middlesex 08820
49 Calvert Avenue W
$1,086,250
● House - Off Market

49 Calvert Avenue W

Edison, NJ 08820
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,461 Ft²
$1,522,996
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Perched on nearly an acre overlooking the Metuchen Country Club, this home with an in-law suite has it all.  Recently renovated in 2014, double story grand foyer, top shelf gourmet kitchen w/travertine backsplash, oversized custom granite island, gleaming hardwood flooring, recessed lighting throughout and high tech, 'smart thing wired'!  The serene view off of the outdoor Fiberon deck, wired with a TV and multi level seating is the pearl-jewel of this tremendous property.  First time on the market - make your appointment to tour it today!
Unit Size
3,461 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$332
Property Type
House
Property Taxes
$1,951
HOA Dues
-
Year Built
1950

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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 #22023005)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Keller Williams Realty West Monmouth $1,149,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,225
  • Lot Size Depth Feet: 2,070
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 3,224
  • Building Area: 3,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000832
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001415

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 157
  • District: 05
  • Parcel: 05 00557-0000-00006- 07
  • Block: 557
  • Lot: 6.07
  • Municipality: EDISON TWP
  • Latitude: 40.5632
  • Longitude: -74.3654

    Address

  • Full Address: 49 Calvert Ave W
  • Address - House Number: 49
  • Street Segment Direction: W
  • Address - Street Name: Calvert
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Edison
  • Carrier Code: C029
  • 4-Digit Zip Code: 3162
  • Zip Code: 08820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,620,307

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,167,546
  • High Value: 1,389,187
  • Low Value: 945,904

    Market Valuation

  • Market Total Value: $459,300
  • Market Land Value: $247,000
  • Market Improvement Value: $212,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,300
  • Assessed Land Value: $247,000
  • Assessed Improvements Value: $212,300

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020123195

    Financing

  • First Mortgage Financing Type: ADJ
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

67

Average Home Size

1556 ft²

Average Home Age

12.5 years

Currently For Sale

2881 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

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MOMMLS

Listed by: Dana Cadena, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22023005
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 Calvert Avenue West built and last sold?
The property at 49 Calvert Avenue West was built in 1950 and last sold on Nov 13, 2020 for $1,086,250.
How much is this home worth?
The estimated value of the home located at 49 Calvert Avenue West is $0.
What are some comparable homes to 49 Calvert Avenue West?
There are currently no comparable homes to 49 Calvert Avenue West.
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