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Middlesex 07747
58 Bennett Road
$475,000
● House - Off Market

58 Bennett Road

Old Bridge, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$795,897
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

IF YOU WANT LAND - THIS HOME IS FOR YOU**1.34 ACRE**LARGE HOME LOCATED IN A BEAUTIFUL AREA HAS TO BE SEEN IF YOU NEED OR WANT PROPERTY THAT IS ENDLESS**4 BDRM**2.5 BTHS**HRDWD FLRS THRUOUT**FULL BSMNT**LARGE LVG AREA & FMLY RM**EIK**FORMAL DINING RM**2 CAR ATTACHED GARAGE PLUS A DETACHED GARAGE WITH PLENTY OF STORAGE**DECK & INGRND POOL** GREAT FOR ENTERTAINING FAMILY & FRIENDS**SELLER WILLING TO GIVE CREDIT FOR UPDATES
Unit Size
-
Days on Market
-
Land Size
1.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$988
HOA Dues
-
Year Built
1981

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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 #21707897)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
Mar 1, 2017 Listed by Home & Key Realty, LLC $497,900
Listed by Home & Key Realty, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 58,370
  • Total Building Area: 2,475
  • Building Area: 2,475
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,475
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001340
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007911

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 1212
  • Account Number: 07849000
  • District: 15
  • Parcel: 15 12261-0000-00054- 11
  • Block: 12261
  • Lot: 54.11
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4034
  • Longitude: -74.2805

    Address

  • Full Address: 58 Bennett Rd
  • Address - House Number: 58
  • Address - Street Name: Bennett
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Matawan
  • Carrier Code: R004
  • 4-Digit Zip Code: 7063
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,325,978

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 771,739
  • High Value: 896,759
  • Low Value: 646,720

    Market Valuation

  • Market Total Value: $247,800
  • Market Land Value: $67,900
  • Market Improvement Value: $179,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,800
  • Assessed Land Value: $67,900
  • Assessed Improvements Value: $179,900

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201707180400
  • Previous Sale Recording Date: May 08, 2001
  • Previous Sale Contract Date: May 03, 2001
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1590 ft²

Average Home Age

30.4 years

Currently For Sale

2868 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 50 Glen Oaks Court, Old Bridge, NJ, 08857

$4,150 /mo

  • 3 Beds
  • 2 Baths
50 Glen Oaks Court, Old Bridge, NJ, 08857 Listing by BARRY WEINSTEIN

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Norine Augliera, Home & Key Realty, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21707897
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 58 Bennett Road built and last sold?
The property at 58 Bennett Road was built in 1981 and last sold on Jul 7, 2017 for $475,000.
How much is this home worth?
The estimated value of the home located at 58 Bennett Road is $0.
What are some comparable homes to 58 Bennett Road?
There are currently no comparable homes to 58 Bennett Road.
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