See Home Value
Olivet 08318
1067 RAINBOW CIR
$346,900
● House - Off Market

1067 RAINBOW CIR

ELMER, NJ 08318
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,844 Ft²
$2,335
Est. Monthly
$690
HOA / Fees
6.13%
Cap Rate

About This Property

Welcome to your new home! Nestled in the heart of sought-after Pittsgrove Township, this exquisite property in Palatine Lake Village Community is ready to embrace its new owners. The sellers are reluctantly parting ways with their cherished abode, a 3-bedroom, 2.5-bathroom haven, as they embark on the exciting journey of downsizing to a new construction property.

Some Key Features: Scenic Screened-In Back Porch: Enjoy the beauty of your surroundings bug-free in your spacious screened-in back porch. Perfect for morning coffees or evening gatherings with friends and family. Open Family Room with Fireplace: Unwind in the warmth of your family room, complete with a cozy fireplace that seamlessly connects to the kitchen. An ideal space for creating lasting memories. Generous Bedrooms: Three bedrooms await you upstairs, providing ample space for personalization and comfort. Whether it's a home office, guest room, or a child's sanctuary, the possibilities are endless. Abundance of Closets: Say goodbye to storage woes! This home boasts plenty of closets, ensuring that everything has its designated space. Updated Master Bathroom: Pamper yourself in the updated master bathroom, a private retreat that exudes luxury and modern elegance. Formal Dining Room and Living Room: Host elegant dinners in the formal dining room and entertain guests in the inviting living room. These spaces are perfect for creating a sense of sophistication and warmth. The sellers are moving to a brand-new construction property, and their meticulously cared-for home is now primed and ready for a new chapter. With a heavy heart, they pass the torch to a fortunate buyer who will undoubtedly appreciate the warmth and charm that this residence exudes.

Don't Miss Out! Seize the opportunity to make this precious gem of a home yours. Schedule a private tour and start envisioning your life in this captivating Pittsgrove Township residence.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$182
Property Type
House
Property Taxes
$712
HOA Dues
$690
Year Built
1987

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Last updated: 3 years ago (Bright MLS #NJSA2008582)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Sold
Feb 6, 2024 In contract -
In contract
Dec 16, 2023 Price Decreased $334,900
↓ $9K (2.7%)
Price Decreased
Aug 31, 2023 Listed by Exit Homestead Realty Professi $344,000
Listed by Exit Homestead Realty Professi

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,844
  • 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 01514-0000-00052
  • Block: 1514
  • Lot: 52
  • Municipality: PITTSGROVE TWP
  • Latitude: 39.5486
  • Longitude: -75.1605

    Address

  • Full Address: 1067 Rainbow Cir
  • Address - House Number: 1067
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Elmer
  • Carrier Code: R004
  • 4-Digit Zip Code: 9167
  • Zip Code: 08318

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $854,392

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 333,129
  • High Value: 384,949
  • Low Value: 281,309

    Market Valuation

  • Market Total Value: $212,800
  • Market Land Value: $64,900
  • Market Improvement Value: $147,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,800
  • Assessed Land Value: $64,900
  • Assessed Improvements Value: $147,900

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1780
  • Previous Sale Recording Date: Jan 23, 1996
  • Previous Sale Contract Date: Jan 19, 1996
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olivet


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Frequently Asked Questions

When was property at 1067 Rainbow Circle built and last sold?
The property at 1067 Rainbow Circle was built in 1987 and last sold on Feb 29, 2024 for $346,900.
How much is this home worth?
The estimated value of the home located at 1067 Rainbow Circle is $0.
What are some comparable homes to 1067 Rainbow Circle?
There are currently no comparable homes to 1067 Rainbow Circle.