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Somerset
6 Chelsea Rd
$1,274,900
● House - Off Market

6 Chelsea Rd

Warren Twp., NJ 07059
bedrooms
3 Beds
bathrooms
2.1 Baths
$6,795
Est. Monthly
$535
HOA / Fees
2.79%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$535
Year Built
-

Payment Calculator

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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 (GSMLS #3934740)

Price History

Date / Event Date Event Price
Jan 22, 2025 Sold
Premium
Sold
Jan 7, 2025 In contract -
In contract

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 15C
  • Legal Description 1: FACILITY NAME: IN-LIEU TAX PAYMENT

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052204

Zoning

  • Zoning: RD

Geography

  • Assessors Map Reference: TAX MAP 81A
  • District: 20
  • Parcel: 20 00078-0000-00015- 02-C1602
  • Block: 78
  • Lot: 15.02
  • Municipality: WARREN TWP
  • Latitude: 40.6315
  • Longitude: -74.5105

    Address

  • Full Address: 6 Chelsea Rd
  • Address - House Number: 6
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Warren
  • Carrier Code: C068
  • 4-Digit Zip Code: 2411
  • Zip Code: 07059

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,136,452
  • High Value: 1,362,636
  • Low Value: 910,268

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9759

    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 Somerset

Stats & Trends

Median Asking:

$629,000

Sale Price/ft²

$340

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1071 ft²

Average Home Age

38 years

Currently For Sale

722 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 40 Mountain Blvd, Warren Twp., 07059-2653

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
40 Mountain Blvd #3302, Warren Twp., 07059-2653 Listing by BRIAN SILBERT
Unit for rent at 50 Mount Bethel Rd, Warren Twp., 07059-2623

$3,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
50 Mount Bethel Rd #105, Warren Twp., 07059-2623 Listing by BRIAN SILBERT

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 years ago
Data Source: GSMLS, MLS# 3934740
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. 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 6 Chelsea Road built and last sold?
The property at 6 Chelsea Road was built in and last sold on Apr 5, 2023 for $1,087,224.
How much is this home worth?
The estimated value of the home located at 6 Chelsea Road is $0.
What are some comparable homes to 6 Chelsea Road?
There are currently no comparable homes to 6 Chelsea Road.
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