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Monmouth
1 Azee Drive
$450,000
● House - Off Market

1 Azee Drive

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
$563,336
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

You won't want to miss this amazing four bedroom house located in the desirable section of Hidden Hills. Backyard includes great entertainment space with a deck and a spacious backyard. Located in close proximity to mass transit, restaurants, and shopping areas.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$731
HOA Dues
-
Year Built
1960

Payment Calculator

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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: 3 years ago (MOMLS #22034170)

Price History

Date / Event Date Event Price
Nov 23, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by United Real Estate Associates $425,000
Listed by United Real Estate Associates

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,892
  • Lot Size Depth Feet: 1,150
  • Total Building Area: 1,814
  • Building Area: 1,814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,814
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: TRAILBLAZER MODEL

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802100

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: 023978
  • District: 18
  • Parcel: 18 00130-0000-00002
  • Block: 130
  • Lot: 2
  • Municipality: HAZLET TWP
  • Latitude: 40.4247
  • Longitude: -74.1461

    Address

  • Full Address: 1 Azee Dr
  • Address - House Number: 1
  • Address - Street Name: Azee
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C009
  • 4-Digit Zip Code: 2607
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,081,108

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 601,663
  • High Value: 714,448
  • Low Value: 488,878

    Market Valuation

  • Market Total Value: $505,900
  • Market Land Value: $282,800
  • Market Improvement Value: $223,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,900
  • Assessed Land Value: $282,800
  • Assessed Improvements Value: $223,100

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021012230
  • Previous Sale Recording Date: Jun 23, 1992
  • Previous Sale Contract Date: Jun 23, 1992
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 27
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 Monmouth

Stats & Trends

Median Asking:

$739,999

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2005 ft²

Average Home Age

45.6 years

Currently For Sale

1838 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 102 Morningside Avenue, Union Beach, NJ, 07735

$3,800 /mo

  • 4 Beds
  • 2 Baths
102 Morningside Avenue, Union Beach, NJ, 07735 Listing by Huadi Chen
Unit for rent at 24 Painted Wagon Road, Holmdel, NJ, 07733

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,961 ft²
24 Painted Wagon Road, Holmdel, NJ, 07733 Listing by Hong Li

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jerilyn DiMaio, United Real Estate Associates
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22034170
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1 Azee Drive built and last sold?
The property at 1 Azee Drive was built in 1960 and last sold on Nov 19, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 1 Azee Drive is $429,250.
What are some comparable homes to 1 Azee Drive?
There are currently no comparable homes to 1 Azee Drive.
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