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Middlesex 08857
66 Phillips Drive
$530,000
● House - Off Market

66 Phillips Drive

Old Bridge, NJ 08857
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$821,246
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

PRETTY SPLIT W/4 BDR POSS 5 FEATURES A FAM RM ADDITION W/GAS FP,HIGH CEILINGS FRENCH DR THAT OPENS TO COMPOSITE DECK OVERLOOKING A HEATED/SELF CLEANING INGROUND POOL W/ FENCED IN PLAY AREA. RENOV.3 BATHS/KITCH W/GRANITE/SLS APPL.HRDWD THRU OUT GENERATOR ENTIRE HOME, BSMT, LANDSCAPE, SPRINKLER SYSTEM ELEMENTARY SCHOOL IN NEIGHBORHOOD  MINUTES TO MUNICIPAL W/TENNIS/LIBRARY ICE RINK NYC BUS 15.8 TO OUTER BRIDGE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
1965

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: 3 years ago (MOMLS #21712924)

Price History

Date / Event Date Event Price
Aug 4, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Keller Williams Realty Central Monmouth $515,000
Listed by Keller Williams Realty Central Monmouth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,002
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCK HILL SEC 02
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: BLOCK: 10259.22

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007906

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 1011
  • Account Number: 06668000
  • District: 15
  • Parcel: 15 10259- 22-00003
  • Block: 10259
  • Lot: 3
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4094
  • Longitude: -74.3004

    Address

  • Full Address: 66 Phillips Dr
  • Address - House Number: 66
  • Address - Street Name: Phillips
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Old Bridge
  • Carrier Code: C015
  • 4-Digit Zip Code: 2432
  • Zip Code: 08857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $955,689

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 726,996
  • High Value: 843,290
  • Low Value: 610,702

    Market Valuation

  • Market Total Value: $178,600
  • Market Land Value: $63,000
  • Market Improvement Value: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,600
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $115,600

    Sales

  • Current Sale Contract Date: Aug 07, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201708090371
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Oct 28, 2011
  • Previous Sale Amount: $285,575
  • Previous 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 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
Unit for rent at 17 Emerald Lane, Old Bridge, NJ, 08857

$3,900 /mo

  • 3 Beds
  • 2 Baths
17 Emerald Lane, Old Bridge, NJ, 08857 Listing by George Pavlushkin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan McCann, Keller Williams Realty Central Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21712924
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 66 Phillips Drive built and last sold?
The property at 66 Phillips Drive was built in 1965 and last sold on Aug 7, 2017 for $530,000.
How much is this home worth?
The estimated value of the home located at 66 Phillips Drive is $520,150.
What are some comparable homes to 66 Phillips Drive?
There are currently no comparable homes to 66 Phillips Drive.
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