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Backup Offers

58 Forrest St, Iselin, NJ, 08830

$659,000

Home List Price

$7,826*

Closing Credit

4 Bedrooms
3 Full Baths
1,876 SqFt
$351/SqFt
House

Location

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58 Forrest St, Iselin$659,000

Buyer Closing Credits

$7,826*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Width, 3 Cars Deep
Year Built1948
CoolingWindow Unit(s)
MLS #2505469R
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Under Contract)

About 58 Forrest St

A rare investment opportunity in the heart of Iselin! This true Mother-Daughter home, located on a peaceful cul-de-sac, offers exceptional income potential with its two fully equipped, separate living quarters. Whether you're looking to live in one unit and rent the other or lease both spaces for maximum profit, this property provides a unique chance to generate steady income while enjoying the comfort of home. The first-floor unit boasts an open concept layout, featuring a spacious living room, two bedrooms, and a modern kitchen with granite countertops and stainless steel appliances. A charming family room offers additional space filled with natural light. Upstairs, the second unit offers two more bedrooms, a spacious living room, a full bath, a private kitchen, and a separate entrance perfect for tenants or extended family. The partially finished basement with its own full bathroom adds further flexibility, perfect for a man cave, home office, or a bonus recreation room. The home sits on a fully fenced lot with a large deckideal for outdoor entertaining. Located just 1/2 mile from Metropark, a major hub for NJ Transit and Amtrak, and only 2 miles from JFK Hospital, this home is perfectly positioned for commuters. You'll also be just 0.25 miles from the vibrant Oak Tree Road shopping and dining district, making this home even more attractive to potential tenants. With easy access to Rutgers University and Newark Airport, the location couldn't be better. Don't miss this one-of-a-kind opportunity to live comfortably while letting your investment work for you. Schedule your private tour today and start watching the income roll in!

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Custom Home, Two Story
  • Year Built: 1948
  • Stories: 2
  • Living Area: 1,876 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTORS

Interior Features

Interior Information:

  • Appliances: Self Cleaning Oven, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator
  • Flooring Type: Laminate, Wood
  • Interior: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main, Family Room, Kitchen Second, Bath Full, Dining Room, None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Fencing/Wall, Yard

Parking Information:

  • Parking: 1 Car Width, 3 Cars Deep

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Near Public Transit
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $659,000
  • Price Per SqFt: $351/SqFt

Tax Information:

  • Annual Amount: $10,620
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Iselin, NJ.

Med. Sold Price

$500K

Med. Price/SqFt

$367

Avg. Days On Market

36

# of Sold Homes

12

58 Forrest St vs Iselin

27 DAYS ON ROCKET

-9 Days

$659,000

+$159K More

$351/SqFt

-$16 Less

KEY TAKEAWAY

This property is $159K more than the Median Sold Price and $16/SqFt less than other homes in Iselin, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2505469R

Listing Office:

  • Office Name: KELLER WILLIAMS ELITE REALTORS

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 22, 1988Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,620$93,200
2019$9,848$93,200
2018$9,848$93,200
2017$9,674$93,200

History based on county public records data.

Payment Calculator

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,042

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-211980
6
/10
  • Oak Tree Road Elementary School

  • Wilus Way

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-211981
8
/10
  • Robert Mascenick Elementary School

  • 300 Benjamin Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-211982
4
/10
  • Indiana Avenue Elementary School

  • Indiana Avenue

  • 0.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,711. The majority of Iselin, NJ residents have income between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 58 Forrest St

What is the listing price of this property?

The listing price of 58 Forrest St property is $659,000.

What type of property is this?

The property 58 Forrest St is a house located in Iselin, New Jersey, 08830.

Is this property for sale now?

Accepting Backup Offers: 58 Forrest St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,620 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 22, 1988 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 58 Forrest St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 58 Forrest St is 1,876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 58 Forrest St is 1948.

Rocket Homes›New Jersey›Middlesex County›Iselin›08830›58 Forrest St

This home is located at 58 Forrest St in Iselin, NJ and zip code 08830. This 1,876 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $659,000.

While more than 7 listings in Iselin, NJ in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. Between September 2024 and October 2024, Iselin, NJ real estate market has seen increase in the number of listings by 12.7%. In October 2024 median list price was $500,000 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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