See Home Value
Olivet 08318
1068 RAINBOW CIRCLE
$245,000
● House - Off Market

1068 RAINBOW CIRCLE

ELMER, NJ 08318
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,330 Ft²
$346,498
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

*** MAJOR PRICE REDUCTION - Owner Says Lets Sell It!!! ***  This beautiful Salt Box home, in desirable Palentine Lake Village, is truly a must see! The 1st floor features an inviting foyer, relaxing living room, and an office area (currently being used as a 4th bedroom), all with beautiful Bamboo hardwood flooring. Off the eat-in kitchen is your gorgeous formal dining room with gas fireplace and porcelain tiled flooring. At the rear of the house, is a spacious den area, perfect for settling in after a long day. The half bath and laundry room complete the first floor and lead out to the attached one car garage. The second level boasts a master suite with its own private bath and large walk-in closet area, in addition to 2 additional bedrooms and a full bath. Step out your back door to enjoy your large paver patio, ideal for hosting family gatherings and BBQ's. HOA fee includes access to the lake with private beach and dock area, in-ground swimming pool, playground area, volleyball, tennis, and basketball courts. This home is also USDA eligible and qualifies for ZERO down financing options! Call to tour this beautiful home today!
Unit Size
2,330 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$107
Property Type
House
Property Taxes
$734
HOA Dues
$136
Year Built
1985

Payment Calculator

Cap Rate Calculator

Last updated: 5 days ago (Bright MLS #NJSA136764)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Sold
Oct 19, 2024 In contract -
In contract
Sep 23, 2024 In contract -
In contract
Sep 1, 2024 Price Decreased $375,000
↓ $20K (5.1%)
Price Decreased
Aug 18, 2024 Price Decreased $395,000
↓ $5K (1.3%)
Price Decreased
Show More

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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,330
  • 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 01513-0000-00017
  • Block: 1513
  • Lot: 17
  • Municipality: PITTSGROVE TWP
  • Latitude: 39.5481
  • Longitude: -75.161

    Address

  • Full Address: 1068 Rainbow Cir
  • Address - House Number: 1068
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Elmer
  • Carrier Code: R004
  • 4-Digit Zip Code: 9166
  • Zip Code: 08318

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $947,942

    Market Valuation

  • Market Total Value: $236,100
  • Market Land Value: $64,900
  • Market Improvement Value: $171,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,100
  • Assessed Land Value: $64,900
  • Assessed Improvements Value: $171,200

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020008434
  • Previous Sale Recording Date: Jul 06, 2009
  • Previous Sale Contract Date: Jun 30, 2009
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: 12
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 1068 Rainbow Circle built and last sold?
The property at 1068 Rainbow Circle was built in 1985 and last sold on Jul 31, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 1068 Rainbow Circle is $378,750.
What are some comparable homes to 1068 Rainbow Circle?
There are currently no comparable homes to 1068 Rainbow Circle.