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Monmouth
1 Ohio Drive
$250,000
● House - Off Market

1 Ohio Drive

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,649 Ft²
$485,790
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Looking for 4 Bdrm,3 Bath w/full basement? Look no further! The perfect home to make your own.Needs a little TLC/your creative imagination & could be Perfection!(price reflects the needed TLC)1650 sqft for 159.09 sq ft. Great deal in Hazlet!!Full bsmt w Full bath. Full bath on main & upper level.. AC units included(as-is)Sold AS-IS, buyer to make any needed repairs/obtain CO. Great location-near all transport,school,shopping. etc.Newer kitchen.(pipe had burst on ceiling/was repaired)
Unit Size
1,649 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1959

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: 2 years ago (MOMLS #21409841)

Price History

Date / Event Date Event Price
May 1, 2014 Sold
Premium
Sold
Mar 18, 2014 Listed by Realty Connect Group, LLC $259,900
Listed by Realty Connect Group, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 864
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,902
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,649
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 019455
  • District: 18
  • Parcel: 18 00114-0000-00005
  • Block: 114
  • Lot: 5
  • Municipality: HAZLET TWP
  • Latitude: 40.4278
  • Longitude: -74.164

    Address

  • Full Address: 1 Ohio Dr
  • Address - House Number: 1
  • Address - Street Name: Ohio
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C008
  • 4-Digit Zip Code: 2234
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $893,480

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 522,995
  • High Value: 624,385
  • Low Value: 421,605

    Market Valuation

  • Market Total Value: $418,100
  • Market Land Value: $279,700
  • Market Improvement Value: $138,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,100
  • Assessed Land Value: $279,700
  • Assessed Improvements Value: $138,400

    Sales

  • Current Sale Contract Date: Apr 29, 2014
  • Current Sale Recording Date: Jun 03, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014042191
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Contract Date: Nov 07, 2005
  • 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:

$725,000

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3024 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 450 Beachway Avenue, Keansburg, NJ, 07734

$4,500 /mo

  • 3 Beds
  • 3 Baths
450 Beachway Avenue, Keansburg, NJ, 07734 Listing by Moataz Ghounem
Unit for rent at 103 Center Avenue, Keansburg, NJ, 07734

$4,550 /mo

  • 5 Beds
  • 3 Baths
103 Center Avenue, Keansburg, NJ, 07734 Listing by Jaimie Hoffman

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Alaimo, Realty Connect Group, LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21409841
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 Ohio Drive built and last sold?
The property at 1 Ohio Drive was built in 1959 and last sold on Apr 29, 2014 for $250,000.
How much is this home worth?
The estimated value of the home located at 1 Ohio Drive is $0.
What are some comparable homes to 1 Ohio Drive?
There are currently no comparable homes to 1 Ohio Drive.
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