Score
0Belleville, NJ
42 Cedar Hill Ave
802K
6 beds
2 baths
2,700 sqft
6 bd • 2 ba • 2,700 sf
This analysis was generated on 1/23/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
List Price
$801,600
Price/Sq.Ft
$297
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
This 6-bedroom, 2-bathroom house offers exceptional value at $296.89/sqft, which is approximately 20% below the Belleville average of $370/sqft for similar properties. With 2,700 sqft of living space, it's 35% larger than the typical 4-bedroom home in the area (2,000 sqft). The property's size makes it versatile for large families or potential rental income. Its brick exterior suggests durability and lower maintenance costs. The bay window adds character and natural light. Off-street parking for multiple vehicles is a significant advantage in an area where parking can be limited. The mature tree in the front yard provides shade and enhances curb appeal.
The Bad
The house appears to be older, potentially built in the 1950s or 1960s, which may require more frequent maintenance and updates. With only 2 bathrooms for 6 bedrooms, the bathroom-to-bedroom ratio is below modern standards, potentially necessitating a costly addition ($20,000-$50,000). The front yard is relatively small, limiting outdoor space. The property's age suggests potential need for updates to major systems like plumbing, electrical, and HVAC, which could cost $15,000-$30,000 collectively. The lack of a garage may be a drawback for some buyers, especially given New Jersey winters.
The Ugly
At $801,600, this property is priced 31% above Belleville's median home value of $610,000, which may limit its pool of potential buyers. New Jersey's high property tax rates (average 2.42% of assessed value) could result in annual property taxes around $19,400, significantly impacting total ownership costs. The house's proximity to other homes suggests potential noise issues and limited privacy. Given Belleville's location near the Passaic River, flood risk assessment is crucial; flood insurance could add $2,000-$4,000 annually to ownership costs if in a high-risk zone. The sidewalk condition suggests potential city-mandated repairs, which could cost $3,000-$5,000.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
This property is best suited for large families with household incomes above $200,000, given the size and potential costs. It's ideal for those prioritizing space over modern amenities, willing to invest in updates over time. Investors looking for multi-unit conversion potential could benefit, as the 6-bedroom layout could potentially be converted into a legal 2-family home, subject to zoning laws. The property could also appeal to multi-generational families seeking shared living arrangements.
Not For
This property is not suitable for first-time homebuyers or those with limited budgets due to high purchase price and potential renovation costs. It's not ideal for small families or couples who don't need 6 bedrooms, as they'd be paying for unused space. Buyers seeking a modern, move-in ready home would find the potential need for updates unappealing. Those with mobility issues might struggle with a multi-story home lacking a first-floor bedroom.
Demographics
Area Median Income
$75,974
Property History
Price History
Ownership Timeline
$495,000Financed
Aug 14, 2019Ad Properties CorpPhilip L Mondestin
Deed
Standard Sale (Purchase/Resales)
$222,000Cash Purchase
Oct 11, 2016Federal Home Loan Mortgage Corporation, Phelan Hallinan And Diamond PcAd Properties Corp
Deed
Non-Residential Arm's Length Transactions
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Financials
Monthly Costs
Market Rent (6 bed)
Get a detailed estimate on Zillow$1,190
Unlock Premium Features
Supercharge Your Property Analysis
Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.
Best for serious buyers
- Unlimited AI analysis
- Unlimited AI chat
- Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee
Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$801,600
Price/sqft
$297
Layout
6 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$695,167
15.3%
Your price is 15.3% above average
Median Price
$720,000
11.3%
Based on 6 recent sales
Price per Sq.Ft
N/A
No price per sq.ft data available
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| $550,000 | N/A | 5 | 2 | N/A | 7/31/2024 | |
| $795,000 | N/A | N/A | N/A | N/A | 12/9/2024 | |
| $745,000 | N/A | N/A | N/A | N/A | 11/1/2024 | |
| $676,000 | N/A | N/A | N/A | N/A | 10/10/2024 | |
| $685,000 | N/A | N/A | N/A | N/A | 9/16/2024 | |
| $720,000 | N/A | N/A | N/A | N/A | 9/12/2024 |
Price: $550,000
Sq.Ft: N/A
Beds/Baths: 5/2
$/Sq.Ft: N/A
Sale Date: 7/31/2024
Price: $795,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 12/9/2024
Price: $745,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 11/1/2024
Price: $676,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 10/10/2024
Price: $685,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/16/2024
Price: $720,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/12/2024
Frequently Asked Questions
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
You
Analyze Any Property for Free
Get instant insights and potential savings on any Zillow listing.
Free Analysis
AI-Powered Insights
Instant Results
