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Warren 08804
593 County 627
$322,000
● House - Off Market

593 County 627

Franklin, NJ 08804
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$352,436
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Well-maintained 4 bedroom split-level home with a whole house generator (no more power outages!).Home features upgraded appliances, 200 amp electric, lifetime window warranty and spacious bedrooms.  Walk out to a generous backyard which includes electrical connections and padding for pool installation. This property contains a large driveway and ample storage space among sheds and spacious attic. Nestled in a serene valley across from the Musconetcong Riv. on the border of Warren and Hunterdon Counties yet conveniently located near shopping and major roadways. Pohatcong Township district.
Unit Size
1,800 Ft²
Days on Market
76 days
Land Size
0.66 acres
Price per sqft
$178
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1979

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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: 6 months ago (CJMLS #2250023M)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed by RE/MAX NEW BEGINNINGS REALTY $319,900
Listed by RE/MAX NEW BEGINNINGS REALTY
Well-maintained 4 Bedroom Split-level Home With A Whole House Generator (No More Power Outages!).Home Features Upgraded Appliances, 200 Amp Electric, Lifetime Window Warranty And Spacious Bedrooms. Walk Out To A Generous Backyard Which Includes Electrical Connections And Padding For Pool Installation. This Property Contains A Large Driveway And Ample Storage Space Among Sheds And Spacious Attic. Nestled In A Serene Valley Across From The Musconetcong Riv. On The Border Of Warren And Hunterdon Counties Yet Conveniently Located Near Shopping And Major Roadways. Pohatcong Township District.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000660
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Pohatcong Township School District
  • Census Tract: 032300

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 20
  • Parcel: 20 00109-0000-00045- 01
  • Block: 109
  • Lot: 45.01
  • Municipality: POHATCONG TWP
  • Latitude: 40.6308
  • Longitude: -75.1423

    Address

  • Full Address: 593 County Road 627
  • Address - House Number: 593
  • Address - Street Name: County Road 627
  • State: NJ
  • City Name: Bloomsbury
  • Carrier Code: R011
  • 4-Digit Zip Code: 3425
  • Zip Code: 08804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $876,051

    Appraisal Valuation

  • Standard Deviation: 0.1096
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 311,783
  • High Value: 345,957
  • Low Value: 277,609

    Market Valuation

  • Market Total Value: $211,300
  • Market Land Value: $73,200
  • Market Improvement Value: $138,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,300
  • Assessed Land Value: $73,200
  • Assessed Improvements Value: $138,100

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 569707
  • Previous Sale Recording Date: Nov 18, 2002
  • Previous Sale Contract Date: Nov 14, 2002
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 12
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 Warren

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$223

Below Asking

0.02%

Average Days on Market

67

Average Home Size

956 ft²

Average Home Age

76.7 years

Currently For Sale

303 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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CJMLS

Listed by: ESTHERMARIE GALLICCHIO
RE/MAX NEW BEGINNINGS REALTY
Last Updated: 6 months ago
Data Source: CJMLS , MLS# 2250023M

Frequently Asked Questions

When was property at 593 County Rd 627 built and last sold?
The property at 593 County Rd 627 was built in 1979 and last sold on Dec 15, 2021 for $322,000.
How much is this home worth?
The estimated value of the home located at 593 County Rd 627 is $327,496.
What are some comparable homes to 593 County Rd 627?
There are currently no comparable homes to 593 County Rd 627.
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