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Dunellen 08812
708 Front Street
$322,000
● House - Off Market

708 Front Street

Dunellen, NJ 08812
bedrooms
3 Beds
bathrooms
2 Baths
$314,079
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Spacious and updated half duplex - Brick exterior with rocking chair front porch - Living room w/recessed lighting and crown molding, updated kitchen w/ceramic tile floor/newer stove/dishwasher and refrigerator included, a formal dining room completes the first level.  2nd level has newer hardwood flooring through out the hall and 3 bedrooms - the main bath is also on this floor.  The 3rd floor adds additional living space with a large finished room/closet and storage area.  Full basement has a full bath/laundry area (washer/dryer included) and lots of storage.  The back yard is deep with a patio and shed. Showings begin Thursday Dec. 9, 2021
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1918

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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: 4 years ago (CJMLS #2207459R)

Price History

Date / Event Date Event Price
Mar 18, 2022 Sold
Premium
Sold
Dec 8, 2021 Listed by C-21 VAN SYCKEL ~ GOLDEN POST $305,000
Listed by C-21 VAN SYCKEL ~ GOLDEN POST

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 3,550
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Dunellen Borough School District
  • Census Tract: 000300

Zoning

  • Zoning: RA

Geography

  • District: 03
  • Parcel: 03 00047-0000-00032
  • Block: 47
  • Lot: 32
  • Municipality: DUNELLEN BORO
  • Latitude: 40.5887
  • Longitude: -74.4726

    Address

  • Full Address: 708 Front St
  • Address - House Number: 708
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Dunellen
  • Carrier Code: C005
  • 4-Digit Zip Code: 1014
  • Zip Code: 08812

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $891,527

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 310,905
  • High Value: 337,558
  • Low Value: 284,251

    Market Valuation

  • Market Total Value: $353,000
  • Market Land Value: $83,000
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,000
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35144
  • Previous Sale Recording Date: Mar 09, 2016
  • Previous Sale Contract Date: Feb 02, 2016
  • Previous Sale Amount: $120,000
  • 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 Dunellen

Stats & Trends

Median Asking:

$505,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1143 ft²

Average Home Age

67.3 years

Currently For Sale

29 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 122 South Lincoln Avenue, Middlesex, NJ, 08846

$3,200 /mo

  • 3 Beds
  • 1 Bath
122 South Lincoln Avenue, Middlesex, NJ, 08846 Listing by YANLI ZHANG

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: KAREN ETTERE
C-21 VAN SYCKEL ~ GOLDEN POST
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2207459R

Frequently Asked Questions

When was property at 708 Front Street built and last sold?
The property at 708 Front Street was built in 1918 and last sold on Mar 17, 2022 for $322,000.
How much is this home worth?
The estimated value of the home located at 708 Front Street is $308,050.
What are some comparable homes to 708 Front Street?
There are currently no comparable homes to 708 Front Street.
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