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Rutherford 07070
59 Barrows Avenue
$525,000
● House - Off Market

59 Barrows Avenue

Rutherford, NJ 07070
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$3,480
Est. Monthly
5.82%
Cap Rate

About This Property

WOW!!! Come check out this Charming Colonial located in a great section of town.  Offering 3 Beds and 1.5 baths.  Hardwood Flooring throughout.  BIG Bedrooms.  Plenty of Storage!! The Attic Loft can used as a 4th bedroom or office!  Cozy, Private Park-like Backyard.  LARGE Detached Garage.  Long Driveway that offers plenty of off street parking.  Close to all major highways and transportation hubs. House is just 1 block away from NJ Transit. SUPER COMMUTER FRIENDLY!!  Close to all shopping and places or worship.  NYC is just a 'hop, skip and jump away'*** ACT FAST!!!!
Unit Size
-
Days on Market
171 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1933

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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 (CJMLS #2501076R)

Price History

Date / Event Date Event Price
Jan 9, 2025 Sold
Premium
Sold
Nov 9, 2024 In contract -
In contract
Sep 29, 2024 Relisted $559,900
Relisted
Sep 11, 2024 In contract -
In contract
Aug 22, 2024 Price Decreased $559,900
↓ $20K (3.5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Rutherford Borough School District
  • Census Tract: 051400

Geography

  • District: 56
  • Parcel: 56 00132- 01-00008
  • Block: 132.01
  • Lot: 8
  • Municipality: RUTHERFORD BORO
  • Latitude: 40.8154
  • Longitude: -74.11

    Address

  • Full Address: 59 Barrows Ave
  • Address - House Number: 59
  • Address - Street Name: Barrows
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rutherford
  • Carrier Code: C013
  • 4-Digit Zip Code: 2849
  • Zip Code: 07070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $854,775

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 507,593
  • High Value: 601,924
  • Low Value: 413,261

    Market Valuation

  • Market Total Value: $287,900
  • Market Land Value: $209,000
  • Market Improvement Value: $78,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,900
  • Assessed Land Value: $209,000
  • Assessed Improvements Value: $78,900

    Sales

  • Current Sale Contract Date: Aug 30, 2002
  • Current Sale Recording Date: Sep 18, 2002
  • Current Sale Price:
    Premium
  • Current 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 Rutherford

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$442

Above Asking

0.00%

Average Days on Market

66

Average Home Size

188 ft²

Average Home Age

87.3 years

Currently For Sale

43 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 360 New York, Lyndhurst, NJ, 07071

$3,100 /mo

  • 2 Beds
  • 1 Bath
360 New York, Lyndhurst, NJ, 07071 Listing by Victoria Lombardo
Unit for rent at 754 Paterson, East Rutherford, NJ, 07073

$3,000 /mo

  • 2 Beds
  • 2 Baths
754 Paterson, East Rutherford, NJ, 07073 Listing by Jason Hornstra

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: JOSEPH DEVIZIO
J.J. ELEK REALTY CO.
Last Updated: 2 years ago
Data Source: CJMLS , MLS# 2501076R

Frequently Asked Questions

When was property at 59 Barrows Avenue built and last sold?
The property at 59 Barrows Avenue was built in 1933 and last sold on Aug 30, 2002 for $280,000.
How much is this home worth?
The estimated value of the home located at 59 Barrows Avenue is $565,499.
What are some comparable homes to 59 Barrows Avenue?
There are currently no comparable homes to 59 Barrows Avenue.
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