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Old Bridge 08857
50 Sadowski Drive
$355,000
● House - Off Market

50 Sadowski Drive

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,505 Ft²
$416,304
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

NO FHA, BAck On Market, Needs roof repair/replacement!! Price reduced to reflect work. Brick Front ranch on quiet dead end road. Large rooms throughout. Gleaming hardwood floors throughout! Many upgrades. Wood burning fireplace in formal living room, 4 Bedrooms plus additional office/den area. 2 Full updated baths. Great floor plan for possible separate living area if needed! Full basement with one finished room and tons of storage. Within 2 blocks of NYC bus line on Rt18. and Highway 516. Well maintained and ready for new owner. Owners can accommodate quick closing...AS-is CCo resp. of buyer preferred! Shed needs to be removed. No A/C
Unit Size
1,505 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$233
Property Type
House
Property Taxes
$567
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 #22101969)

Price History

Date / Event Date Event Price
May 12, 2021 Sold
Premium
Sold
Jan 22, 2021 Listed by ERA Central Levinson $350,000
Listed by ERA Central Levinson

Property Highlights

Fireplace

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: 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,505
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIRCLE MANOR
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007804

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 1817
  • Account Number: 14093000
  • District: 15
  • Parcel: 15 18040-0000-00007
  • Block: 18040
  • Lot: 7
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4054
  • Longitude: -74.3548

    Address

  • Full Address: 50 Sadowski Dr
  • Address - House Number: 50
  • Address - Street Name: Sadowski
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 1445
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $706,086

    Appraisal Valuation

  • Standard Deviation: 0.1845
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 504,008
  • High Value: 596,999
  • Low Value: 411,018

    Market Valuation

  • Market Total Value: $133,400
  • Market Land Value: $50,000
  • Market Improvement Value: $83,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,400
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $83,400

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021085614
  • Previous Sale Recording Date: Nov 01, 1999
  • Previous Sale Contract Date: Oct 22, 1999
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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 24 Edward Street, East Brunswick, NJ, 08816

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,960 ft²
24 Edward Street, East Brunswick, NJ, 08816 Listing by RASHIDA FURNITUREWALLA
Unit for rent at 5 Nicholas Drive, Old Bridge, NJ, 08857

$3,900 /mo

  • 3 Beds
  • 2 Baths
5 Nicholas Drive, Old Bridge, NJ, 08857 Listing by BRUCE ONCE

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Alyson Kelly, ERA Central Levinson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22101969
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 50 Sadowski Drive built and last sold?
The property at 50 Sadowski Drive was built in 1950 and last sold on May 7, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 50 Sadowski Drive is $363,721.
What are some comparable homes to 50 Sadowski Drive?
There are currently no comparable homes to 50 Sadowski Drive.
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