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Old Bridge 08857
5 Nicholas Drive
$236,900
● House - Off Market

5 Nicholas Drive

Old Bridge, NJ 08857
bedrooms
3 Beds
bathrooms
1 Bath
$437,783
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

NYC bus around the corner! Excellent house in very neat clean condition. Kitchen has room for formal dining room! Hardwood floors! Finished basement with additional storage room! Large rooms! Newer Siding, roof, and 1 year old windows! Private fenced in yard, Home has lovely curb appeal! Move in condition!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
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: 3 years ago (MOMLS #21320160)

Price History

Date / Event Date Event Price
Oct 3, 2019 Sold
Premium
Sold
Jul 7, 2019 Listed by Ellen Rosenbaum Real Estate $349,900
Listed by Ellen Rosenbaum Real Estate
ABSOLUTELY MINT MOVE-IN RANCH JUST UNPACK & ENJOY THIS GORGEOUS HOME*SPACIOUS SPECTACULAR EAT-N-KITCHEN W/GRANITE COUNTERS,TUMBLED MARBLE BACKSPLASH,STAINLESS STEEL APPLIANCES,PULLOUTS*3 BEDROOMS*2 FULL BATHRMS*LOVELY DECOR*LIVING RM W/HARDWOOD FLOOR*FULL FINISHED BASEMENT W/FAMILY RM,REC RM,LAUNDRY*$40K OWNED NOT LEASED SOLAR PANELS*NEW FURNACE,AIR CONDITIONING CONDENSER,WATER HEATER*REPLACED WINDOWS*NEW ROOF*2-CAR WIDE NEW ASPHALT DRIVEWAY HOLDS SEVEN CARS*BIG CONCRETE PATIO*FULLY FENCED BIG CLEAN YARD*CEILING FANS*EXCELLENT CONDITION*NEW 6 PANEL DOORS*PULLDOWN ATTIC STAIRS TO FULL ATTIC*YOU'LL LOVE THIS HOME
Aug 19, 2013 Sold
Premium
Sold
Jun 8, 2013 Listed by ERA Central Realty Group $225,000
Listed by ERA Central Realty Group

Property Highlights

Air Conditioning

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: 5,643
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 570
  • Total Building Area: 969
  • Building Area: 969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDEAL COMMUNITY HOMES SEC 2
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007704

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1811
  • Account Number: 13548000
  • District: 15
  • Parcel: 15 18006-0000-00027
  • Block: 18006
  • Lot: 27
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.3881
  • Longitude: -74.3572

    Address

  • Full Address: 5 Nicholas Dr
  • Address - House Number: 5
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C003
  • 4-Digit Zip Code: 1517
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $589,111

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 459,842
  • High Value: 540,724
  • Low Value: 378,959

    Market Valuation

  • Market Total Value: $111,300
  • Market Land Value: $47,000
  • Market Improvement Value: $64,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,300
  • Assessed Land Value: $47,000
  • Assessed Improvements Value: $64,300

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019085160
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Aug 14, 2013
  • Previous Sale Amount: $236,900
  • Previous Sale Document Type: 61
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:

$647,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

66

Average Home Size

1639 ft²

Average Home Age

60.4 years

Currently For Sale

54 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 4 Main Street, East Brunswick, NJ, 08816

$3,450 /mo

  • 4 Beds
  • 2 Baths
4 Main Street, East Brunswick, NJ, 08816 Listing by PAUL MIKHAIL
Unit for rent at 13 Sheridan Avenue, East Brunswick, NJ, 08816

$3,525 /mo

  • 4 Beds
  • 2 Baths
  • 1,206 ft²
13 Sheridan Avenue, East Brunswick, NJ, 08816 Listing by MICHAEL MATTHEWS

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Alyson Kelly, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21320160
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 5 Nicholas Drive built and last sold?
The property at 5 Nicholas Drive was built in 1958 and last sold on Sep 27, 2019 for $358,000.
How much is this home worth?
The estimated value of the home located at 5 Nicholas Drive is $0.
What are some comparable homes to 5 Nicholas Drive?
There are currently no comparable homes to 5 Nicholas Drive.
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