40 Drake Place
Colonia, NJ 07067
- 4 beds
- 2 baths
- 1,508 sqft
- 6,242 sqft lot
- $344 per sqft
- 1950 build
- – on site
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!
Last checked:
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Last updated Mar 19, 2025
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MLS# 2510410R —
The Building
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Year Built:1950
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Architectural Style:Split Level
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Roof:Asphalt
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Levels:Three Or More
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Stories:2
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Stories Total:2
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Exterior Features:Sidewalk
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Window Features:Blinds
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Building Area Total:1508
Interior
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Interior Features:Blinds, Vaulted Ceiling(s), 1 Bedroom, Laundry Room, Bath Half, Living Room, Kitchen, Dining Room, 3 Bedrooms, Bath Full
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Flooring:Carpet
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Living Area:1508
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Rooms Total:7
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Fireplace:false
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Kitchen Features:Eat-in Kitchen
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Dining Room Features:Formal Dining Room
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Ownership:Fee Simple
Location
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Latitude:40.600697
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Longitude:-74.3239069
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Zoning:R-6
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Parcel Number:25005090100037
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Lot Features:Near Shopping
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Lot Size Area:0.1433
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Lot Size Acres:0.1433
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Lot Size SqFt:6,242 Sqft
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Lot Size Dimensions:97.00 x 0.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:$8,557
Beds
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Bedrooms Total:4
Baths
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Baths:2
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Baths:1.5
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Full Baths:1
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Half Baths:1
The Listing
Heating & Cooling
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Heating:Baseboard Hotwater
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Heating:true
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Cooling:Central Air
Utilities
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Utilities:Underground Utilities
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Sewer:Public Sewer
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Water Source:Public
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Gas:Natural Gas
Appliances
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Appliances:Dishwasher
The Community
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Subdivision Name:Colonia
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Community Features:Sidewalks
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Association Fee Frequency:Monthly
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Senior Community:false
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Pets Allowed:Yes
Parking
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Parking Features:1 Car Width
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Garage:true
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Attached Garage:true
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
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Open Parking:true
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Other Parking:Oversized Vehicles Allowed
Monthly cost estimate

Asking price
$519,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,779
|
Taxes | $713 |
Insurance | $142 |
Utilities | $183 See report |
Total | $3,817/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/14/25
Mar 14, 2025
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Listed / Active | AJMLS | $519,000 |

60% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $20k above asking price on average, but some went as high as $71k over asking price.