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Old Bridge 08857
5 Andrew Street
$501,500
● House - Off Market

5 Andrew Street

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$453,503
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Multiple Offers Received .. Highest and Best offers by 3/9/22 4pm.....This is it!! The Obvious Choice In It's Price Point. This Meticulously Maintained SWS Brentwood Is Ready For YOU!!    3 Bedroom Split Level.. Recently Refinished Hardwood Flooring.. Updated Eat In Kitchen.. Brand New HVAC Just Installed.. Enjoy Breakfast and Dinner In Your Dining Room or Open The Slider Door and Enjoy On Your Peaceful Deck.. Ample Yard.. Quiet Street.. Grocery stores, Convenience Stores, Gym, Restaurants, Elementary School all nearby.  Don't Let This One Slip Through Your Fingers
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
1958

Payment Calculator

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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: 4 years ago (CJMLS #2210126R)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Feb 25, 2022 Listed by ACTION PLUS REALTY C-21 $450,000
Listed by ACTION PLUS REALTY C-21

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 7,930
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,373
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD SEC 04
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007806

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1514
  • Account Number: 10481000
  • District: 15
  • Parcel: 15 15511-0000-00655
  • Block: 15511
  • Lot: 655
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4005
  • Longitude: -74.3202

    Address

  • Full Address: 5 Andrew St
  • Address - House Number: 5
  • Address - Street Name: Andrew
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C023
  • 4-Digit Zip Code: 2211
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $717,731

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 547,024
  • High Value: 641,649
  • Low Value: 452,399

    Market Valuation

  • Market Total Value: $135,600
  • Market Land Value: $64,800
  • Market Improvement Value: $70,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,600
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $70,800

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50039
  • Previous Sale Recording Date: Aug 29, 1990
  • Previous Sale Contract Date: Aug 29, 1990
  • 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 Old Bridge

Stats & Trends

Median Asking:

$639,000

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1594 ft²

Average Home Age

59.2 years

Currently For Sale

39 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 84 Diamond Lane, Old Bridge, NJ, 08857

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,293 ft²
84 Diamond Lane, Old Bridge, NJ, 08857 Listing by KAREN MOSES
Unit for rent at 23 Cloister Court Court, Old Bridge, NJ, 08857

$3,100 /mo

  • Studio
  • 2 Baths
  • 1,676 ft²
23 Cloister Court Court, Old Bridge, NJ, 08857 Listing by GHAZZALEH KHOSRAVI-SICHANI

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: PETER HUNT
ACTION PLUS REALTY C-21
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2210126R

Frequently Asked Questions

When was property at 5 Andrew Street built and last sold?
The property at 5 Andrew Street was built in 1958 and last sold on May 4, 2022 for $501,500.
How much is this home worth?
The estimated value of the home located at 5 Andrew Street is $454,500.
What are some comparable homes to 5 Andrew Street?
There are currently no comparable homes to 5 Andrew Street.
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