When was property at 1035 Rainbow Circle built and last sold?

The property at 1035 Rainbow Circle was built in 1985 and last sold on Dec 17, 1990 for $161,300.

How much is this home worth?

The estimated value of the home located at 1035 Rainbow Circle is $0.

What are some comparable homes to 1035 Rainbow Circle?

There are currently no comparable homes to 1035 Rainbow Circle.

Olivet

08318

1035 RAINBOW CIR

$375,000

● House - Off Market

1035 RAINBOW CIR

ELMER, NJ 08318

4 Beds

3 Baths, 1 Half Bath

2,232 Ft²

$2,031

Est. Monthly

$190

HOA / Fees

7.71%

Cap Rate

About This Property

Welcome home to this well maintained four bedroom, 2 1/12 bath home in a beautiful residential neighborhood near Palatine Lake. Oversized master bedroom with private bathroom, walk in closets and sitting area with your own private fireplace. You will fall in love the moment you walk into the front doors to the open stairway, formal living room and formal dining room too. Main floor laundry. Spacious family room off the dining area with a second fireplace for your enjoyment. Back yard patio, attached two car garage, more and more. You won't be disappointed a bit. This home will not last long on the market. HOA offers an abundance of entertainment with the pool, tennis courts, basketball court and more,

Unit Size

2,232 Ft²

Days on Market

32 days

Land Size

0.48 acres

Price per sqft

$168

Property Type

House

Property Taxes

$817

HOA Dues

$190

Year Built

1985

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Bright MLS #NJSA2009358)

Price History

Date / Event	Date	Event
Apr 19, 2024	Sold	Premium
Sold
Mar 12, 2024	In contract	-
In contract
Feb 9, 2024	Price Decreased	$375,000 ↓ $25K (6.2%)
Price Decreased
Nov 27, 2023	Listed by Tealestate LLC	$399,900
Listed by Tealestate LLC

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1985

Effective Year Built: 1985
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 20,909

Total Building Area: 2,232
Building Area: 2,232
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,232
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000480
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Pittsgrove Township School District

Census Tract: 021101

Geography

Assessors Map Reference: TAX MAP 1501

District: 11
Parcel: 11 01513-0000-00004
Block: 1513
Lot: 4
Municipality: PITTSGROVE TWP
Latitude: 39.5471
Longitude: -75.1606

Address

Full Address: 1035 Rainbow Cir

Address - House Number: 1035
Address - Street Name: Rainbow
Address - Suffix Type: Cir
State: NJ
City Name: Elmer
Carrier Code: R004
4-Digit Zip Code: 9163
Zip Code: 08318

Valuation

Tax

Tax Year: 2022

Tax Amount: $980,865

Appraisal Valuation

Standard Deviation: 0.1555

Valuation Date: Apr 03, 2024
Confidence Score: 80
Final Value: 369,499
High Value: 426,976
Low Value: 312,021

Market Valuation

Market Total Value: $244,300

Market Land Value: $64,900
Market Improvement Value: $179,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $244,300
Assessed Land Value: $64,900
Assessed Improvements Value: $179,400

Sales

Current Sale Contract Date: Dec 17, 1990

Current Sale Recording Date: Dec 17, 1990
Current Sale Price:

Premium
Current Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Olivet

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$199

Below Asking

0.02%

Average Days on Market

Average Home Size

2806 ft²

Average Home Age

41 years

Currently For Sale

1 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

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Mary Dean
Tealestate LLC
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJSA2009358

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

1035 RAINBOW CIR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Olivet

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions