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Union Beach 07735
110 Newark Avenue
$249,000
● House - Off Market

110 Newark Avenue

Union Beach, NJ 07735
bedrooms
4 Beds
bathrooms
2 Baths
$443,282
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Meticulous Ranch, features four bedrooms/two full newer baths. Sitting high on a nice lot--No Sandy trouble!Open floor plan features newer kitchen extended to diningroom. Fourth bedroom ideal for mom or guests,with private bath.Step down to familyroom with sliders to deck and pool.Full dry basement partially finished entertaining room and workshop.Plenty of storage and closet space.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1955

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: 3 years ago (MOMLS #21513738)

Price History

Date / Event Date Event Price
Oct 2, 2015 Sold
Premium
Sold
Apr 13, 2015 Listed by Gloria Nilson & Co. Real Estate $249,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,236
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Union Beach Borough School District
  • Census Tract: 801800

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: 00001072
  • District: 50
  • Parcel: 50 00123-0000-00007
  • Block: 123
  • Lot: 7
  • Municipality: UNION BEACH BORO
  • Latitude: 40.4401
  • Longitude: -74.1807

    Address

  • Full Address: 110 Newark Ave
  • Address - House Number: 110
  • Address - Street Name: Newark
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 2722
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,728

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 467,014
  • High Value: 560,641
  • Low Value: 373,388

    Market Valuation

  • Market Total Value: $395,200
  • Market Land Value: $187,800
  • Market Improvement Value: $207,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,200
  • Assessed Land Value: $187,800
  • Assessed Improvements Value: $207,400

    Sales

  • Current Sale Contract Date: Oct 02, 2015
  • Current Sale Recording Date: Oct 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015094038
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 Union Beach

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1587 ft²

Average Home Age

72.7 years

Currently For Sale

36 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 1114 High Avenue, Union Beach, NJ, 07735

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,248 ft²
1114 High Avenue, Union Beach, NJ, 07735 Listing by Brian P McNamara
Unit for rent at 2 Raritan Cove, Keyport, NJ, 07735

$4,250 /mo

  • 3 Beds
  • 4 Baths
  • 2,362 ft²
2 Raritan Cove, Keyport, NJ, 07735 Listing by Carissa Marshall

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Florence May, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21513738
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 110 Newark Avenue built and last sold?
The property at 110 Newark Avenue was built in 1955 and last sold on Oct 2, 2015 for $249,000.
How much is this home worth?
The estimated value of the home located at 110 Newark Avenue is $0.
What are some comparable homes to 110 Newark Avenue?
There are currently no comparable homes to 110 Newark Avenue.
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