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Hunterdon 08559
56 Rittenhouse Road
$440,000
● House - Off Market

56 Rittenhouse Road

Stockton, NJ 08559
bedrooms
3 Beds
bathrooms
2 Baths
$711,289
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Charming turnkey equestrian property on over 4 level acres in the scenic Stockton countryside of Hunterdon County! Impeccably maintained 3 bedroom, 2 bath farmhouse showcases historic character with views from every room providing for comfortable country living. First floor features a formal dining room, living room, eat-in kitchen, sunroom, & full bath. Three bedrooms and a full bath complete the second floor. Step outside and entertain on the deck overlooking your horses. Equestrian facilities include: custom 2 stall barn with grooming area, tack/feed room & loft; stonedust riding arena; large grass hacking field; & lush paddocks. Detached 1 car garage provides for additional storage. The peace & tranquility of the fine country lifestyle you have been seeking has been found!
Unit Size
-
Days on Market
-
Land Size
4.05 acres
Price per sqft
-
Property Type
House
Property Taxes
$682
HOA Dues
-
Year Built
1820

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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: 2 years ago (MOMLS #21736819)

Price History

Date / Event Date Event Price
Dec 21, 2017 Sold
Premium
Sold
Sep 21, 2017 Listed by Keller Williams Realty Monmouth/Ocean $449,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 176,418
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004050
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Delaware Township School District
  • Census Tract: 011600

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 07
  • Parcel: 07 00038-0000-00006
  • Block: 38
  • Lot: 6
  • Municipality: DELAWARE TWP
  • Latitude: 40.4334
  • Longitude: -74.9414

    Address

  • Full Address: 56 Rittenhouse Rd
  • Address - House Number: 56
  • Address - Street Name: Rittenhouse
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Stockton
  • Carrier Code: R084
  • 4-Digit Zip Code: 1501
  • Zip Code: 08559

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $873,296

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 825,989
  • High Value: 893,436
  • Low Value: 758,542

    Market Valuation

  • Market Total Value: $326,100
  • Market Land Value: $178,400
  • Market Improvement Value: $147,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,100
  • Assessed Land Value: $178,400
  • Assessed Improvements Value: $147,700

    Sales

  • Current Sale Contract Date: Nov 28, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20171205000261700
  • Previous Sale Recording Date: Sep 09, 2014
  • Previous Sale Contract Date: Sep 04, 2014
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: 12

    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 Hunterdon

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$305

Above Asking

0.17%

Average Days on Market

71

Average Home Size

1369 ft²

Average Home Age

72.4 years

Currently For Sale

328 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: Stacy Butewicz, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21736819
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 56 Rittenhouse Road built and last sold?
The property at 56 Rittenhouse Road was built in 1820 and last sold on Nov 28, 2017 for $440,000.
How much is this home worth?
The estimated value of the home located at 56 Rittenhouse Road is $807,899.
What are some comparable homes to 56 Rittenhouse Road?
There are currently no comparable homes to 56 Rittenhouse Road.
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