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Morris 07850
111 Dover Street
$182,000
● House - Off Market

111 Dover Street

Landing, NJ 07850
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,222 Ft²
$196,443
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Charming 2 bedroom, 1 bathroom in Roxbury Township. Walking distance to Hopatcong State Park and Lake Hopatcong! Buyers! Bring your design ideas! With some TLC this wonderful house will be a beautiful home. Investors, this is an excellent income producing opportunity! Located near state parks, historical landmarks, swimming, hiking, dining & shopping this property and the surrounding area is a must see in person!
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$155
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1954

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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 #22201487)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by Keller Williams Realty West Monmouth $190,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,800
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Roxbury Township School District
  • Census Tract: 045402

Zoning

  • Zoning: B-1

Geography

  • Assessors Map Reference: TAX MAP D2SE
  • Account Number: 82522420
  • District: 36
  • Parcel: 36 10904-0000-00002
  • Block: 10904
  • Lot: 2
  • Municipality: ROXBURY TWP
  • Latitude: 40.9057
  • Longitude: -74.6655

    Address

  • Full Address: 111 Dover St
  • Address - House Number: 111
  • Address - Street Name: Dover
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Landing
  • Carrier Code: C004
  • 4-Digit Zip Code: 1145
  • Zip Code: 07850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,073

    Appraisal Valuation

  • Standard Deviation: 0.0795
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 266,716
  • High Value: 287,935
  • Low Value: 245,497

    Market Valuation

  • Market Total Value: $266,245
  • Market Land Value: $115,965
  • Market Improvement Value: $150,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,800
  • Assessed Land Value: $95,300
  • Assessed Improvements Value: $123,500

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 69220
  • Previous Sale Recording Date: Nov 28, 2005
  • Previous Sale Contract Date: Nov 07, 2005
  • Previous Sale Amount: $229,000
  • 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 Morris

Stats & Trends

Median Asking:

$729,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

60

Average Home Size

834 ft²

Average Home Age

39.2 years

Currently For Sale

908 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 109 Allen St, Netcong Boro, 07857-1222

$2,950 /mo

  • 3 Beds
  • 1 Bath
109 Allen St, Netcong Boro, 07857-1222 Listing by CLAUDIA R. LOPEZ

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Frank Coppola, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22201487
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 111 Dover Street built and last sold?
The property at 111 Dover Street was built in 1954 and last sold on Jul 29, 2022 for $182,300.
How much is this home worth?
The estimated value of the home located at 111 Dover Street is $0.
What are some comparable homes to 111 Dover Street?
There are currently no comparable homes to 111 Dover Street.
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