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Monmouth 07748
1 Roberts Lane
$424,900
● House - Off Market

1 Roberts Lane

New Monmouth, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$716,516
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Your search has ended with this sprawling 4 bedroom 2 1/2 bath ranch situated on park like grounds. This home will be sure to please. Call your clients and make your appointment today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1977

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21629243)

Price History

Date / Event Date Event Price
Oct 21, 2016 Sold
Premium
Sold
Jul 24, 2016 Listed by Keller Williams Shore Properties $424,900
Listed by Keller Williams Shore Properties

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,480
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000562
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800702

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 51
  • Account Number: 9-4-2.5
  • District: 32
  • Parcel: 32 00524-0000-00078
  • Block: 524
  • Lot: 78
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4182
  • Longitude: -74.1078

    Address

  • Full Address: 1 Roberts Ln
  • Address - House Number: 1
  • Address - Street Name: Roberts
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C005
  • 4-Digit Zip Code: 1522
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $964,416

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 659,977
  • High Value: 777,148
  • Low Value: 542,805

    Market Valuation

  • Market Total Value: $554,900
  • Market Land Value: $328,900
  • Market Improvement Value: $226,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,900
  • Assessed Land Value: $328,900
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Contract Date: Mar 21, 2003
  • Current Sale Recording Date: Apr 07, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 24, 2000
  • Previous Sale Contract Date: Sep 26, 2000
  • Previous Sale Amount: $255,000
  • 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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

2039 ft²

Average Home Age

45.1 years

Currently For Sale

2809 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 156 Main Street, Port Monmouth, NJ, 07758

$4,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,474 ft²
156 Main Street, Port Monmouth, NJ, 07758 Listing by Amy Neff

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Janine Brady, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21629243
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 Roberts Lane built and last sold?
The property at 1 Roberts Lane was built in 1977 and last sold on Mar 21, 2003 for $380,000.
How much is this home worth?
The estimated value of the home located at 1 Roberts Lane is $0.
What are some comparable homes to 1 Roberts Lane?
There are currently no comparable homes to 1 Roberts Lane.
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