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67 Morris Avenue
About This Property
The renovated lower level offers tremendous flexibility with a large recreation area, kitchenette, full bath, laundry, storage, and private bonus room--ideal for guests, extended household use, home office, gym, or media space.
Enjoy a fully fenced backyard with mature landscaping, garden areas, a large lawn, and a stone entertaining patio. Additional features include an attached garage, central air, natural-gas baseboard heat, hardwired security cameras, solar panels, whole-house water filtration and softening, and a newer roof installed in October 2023 with a transferable warranty. Convenient to Metuchen, transportation, highways, shopping, dining, and parks. A truly special Edison home offering comfort, character, and exceptional flexibility. Space for parking 4 cars
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by RE/MAX Central | $669,000 | |
| Listed by RE/MAX Central | |||
| May 18, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by VYLLA HOME | $520,000 | |
| Listed by VYLLA HOME | |||
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Fully renovated 3 bed 2 full bath ranch close to all amenities, with hardwood floors throughout . It has full finished basement, attached garage and sunroom. Basement has separate entrance .It has wet bar, cast iron fireplace, full bath and utility room. New premium stainless steel appliances, new paint, recessed lights , bathroom. Solar ready. Big lot. Pls note it's for sale only and not listed for rent . Rental listing if any, is fake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017