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Middlesex
8 Meyer Road
$525,500
● House - Off Market

8 Meyer Road

Edison, NJ 08817
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$475,796
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

*** Highest and best by this tuesday 12pm. ***  Beautiful Split Level Home. 4 Bedrooms, 2 Full Bathrooms, 1 Half a Bathroom, Laundry Room, Garage. Open Layout. Large Family Room. Freshly Painted   Brand new Carpet (hardwood floors in Level 2 and 3) Heading and Cooling Replaced in 2018. Water Heater Replaced in 2022. New Microwave. Crawl Basement. Fenced in Backyard. Great Location, Close to HWYS , Train stations, Shopping areas , Restaurants , Hospitals, Malls. Good schools.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1958

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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 #2312263R)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
May 26, 2023 Listed by FOX & FOXX REALTY, LLC $475,000
Listed by FOX & FOXX REALTY, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 7,200
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Edison Township School District
  • Census Tract: 001804

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 05
  • Parcel: 05 00265- 19-00004
  • Block: 265.19
  • Lot: 4
  • Municipality: EDISON TWP
  • Latitude: 40.5089
  • Longitude: -74.3845

    Address

  • Full Address: 8 Meyer Rd
  • Address - House Number: 8
  • Address - Street Name: Meyer
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Edison
  • Carrier Code: C004
  • 4-Digit Zip Code: 4609
  • Zip Code: 08817

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $878,973

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 537,440
  • High Value: 632,399
  • Low Value: 442,481

    Market Valuation

  • Market Total Value: $148,400
  • Market Land Value: $88,000
  • Market Improvement Value: $60,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,400
  • Assessed Land Value: $88,000
  • Assessed Improvements Value: $60,400

    Sales

  • Current Sale Contract Date: Jun 19, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37057
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:

$564,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1367 ft²

Average Home Age

38.3 years

Currently For Sale

1871 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 188 Loring Avenue, Edison, NJ, 08817

$4,400 /mo

  • 4 Beds
  • 2 Baths
188 Loring Avenue, Edison, NJ, 08817 Listing by MAGDALENA MIASTKOWSKA
Unit for rent at 16 Outcalt Road, Middlesex, NJ, 08817

$4,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,418 ft²
16 Outcalt Road, Middlesex, NJ, 08817 Listing by YURIY BAS

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: VERONICA HARY
FOX & FOXX REALTY, LLC
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2312263R

Frequently Asked Questions

When was property at 8 Meyer Road built and last sold?
The property at 8 Meyer Road was built in 1958 and last sold on Jun 19, 2023 for $525,500.
How much is this home worth?
The estimated value of the home located at 8 Meyer Road is $479,750.
What are some comparable homes to 8 Meyer Road?
There are currently no comparable homes to 8 Meyer Road.
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