Tour
$6,293 Closing Credit¹
#2511579R, Listing Office: COLDWELL BANKER REALTY
$519,000 List price
40 Drake Pl Colonia, NJ 07067
$6,163
Closing credit¹
4 beds
1 full, 1 partial
1,508 sqft
0.1 acres
$344 / sqft
House
Property details
About 40 Drake Pl
Nestled on a peaceful street in one of Colonia's most sought-after neighborhoods, this warm and inviting 4-bedroom, 2-bathroom home is filled with charm and character. Thoughtfully maintained, it boasts vaulted ceilings and an abundance of natural light throughout. The second and third floors feature hardwood flooring under the carpet, ready to be revealed and restored to their original beauty. Enjoy the comfort of central air, adding to the home's cozy and welcoming feel. Step outside to a private backyard, perfect for relaxing or entertaining. Conveniently located just a short distance from schools, churches, and the Colonia downtown area, this home offers the ideal blend of tranquility and accessibility. Commuters will appreciate the easy access to major highways and NYC transportation. Don't miss this incredible opportunity to own a well-loved home in a fantastic location!
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Under Contract)
(Under Contract)
CoolingCentral Air, Ceiling Fan(s)
Size1,508 sqft
Lot size0.1433 Acres
Year built1950
Parking1 Car Width, Asphalt, Garage, Attached
MLS #2510410R
Attached garage1 space
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer, Gas Water Heater
- Flooring Type: Carpet, Wood
- Interior: Blinds, Vaulted Ceiling(s), 1 Bedroom, Laundry Room, Bath Half, Living Room, Kitchen, Dining Room, 3 Bedrooms, Bath Full
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: 1 Car Width, Asphalt, Garage, Attached
- Exterior: Sidewalk, Yard
- Architectural Style: Split Level
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $519,000
- Price/SqFt: $344
- Annual Tax Amount: $8,557
- Tax Year: 2024
- Lot: Near Public Transit
- Year Built: 1950
- Stories: 2
- Living Area: 1,508 SqFt
- Lot Size: 0.1433 Acres
- MLS Number: 2510410R
- MLS Name: CJMLS API
- Office Name: COLDWELL BANKER REALTY
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 2025, 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: 5/7/2025, 10:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$519,000
40 Drake Pl
$6,163
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,400 | $8,557 |
| 2022 | $74,400 | $7,586 |
| 2021 | $74,400 | $8,268 |
| 2020 | $74,400 | $7,815 |
| 2019 | $74,400 | $7,662 |
History based on county public records data.
Nearby schools
7
Oak Ridge Heights Elementary School
Public District KG-5
0.5 mi
•720 Inman Ave
6
Pennsylvania Avenue Elementary School
Public District KG-5
0.5 mi
•Pennsylvania Avenue
6
Lynn Crest Elementary School
Public District KG-5
0.9 mi
•98 Ira Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $88,763. Residents of Colonia, NJ typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
38%
35k-100k
37%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Soccer
Where do the neighbors shop?
Chico's
Nordstrom Rack
The Container Store
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Volvo
Mazda
BMW
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40 Drake Pl
The listing price of 40 Drake Pl property is $519,000.
The property 40 Drake Pl is a house located in Colonia, New Jersey, 07067.
Accepting Backup Offers: 40 Drake Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 40 Drake Pl are: Oak Ridge Heights Elementary School (GreatSchools Rating 7/10), Pennsylvania Avenue Elementary School (GreatSchools Rating 6/10), Lynn Crest Elementary School (GreatSchools Rating 6/10), Colonia Middle School (GreatSchools Rating 4/10), Carl H. Kumpf Middle School (GreatSchools Rating 7/10), Rahway 7th and 8th Grade Academy (GreatSchools Rating 2/10), Colonia High School (GreatSchools Rating 4/10), Arthur L. Johnson High School (GreatSchools Rating 5/10), Rahway High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,557 (source: MLS/based on county public records data).
The property at 40 Drake Pl has 4 bedrooms and 1 full and 1 half bathrooms.
The property 40 Drake Pl is 1,508 SqFt (source: MLS/tax record).
The year of construction for 40 Drake Pl is 1950.
This home is located at 40 Drake Pl in Colonia, NJ and zip code 07067. This 1,508 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $519,000.
In April 2025 more than 11 listings in Colonia, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 0 were sold below. The number of listings in Colonia, NJ increased by 29.4% between March and April 2025. In April 2025, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $590,000.
From Rocket Homes Real Estate and based on county public records data.