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Union Beach 07735
111 Park Avenue
$352,000
● House - Off Market

111 Park Avenue

Union Beach, NJ 07735
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$541,837
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Look no further!  This BEAUTIFUL colonial home in the desirable Union Beach truly has it ALL! 4 LARGE Bedrooms, 2 Full Baths, & brand new appliances in your OPEN-CONCEPT, eat-in kitchen.  Sliders will lead you out onto your TREX deck & fully operational IN-GROUND POOL!  This home also features BRAND NEW carpeting, freshly painted walls & much more.  No damage from Sandy! DO NOT MISS OUT ON THIS ONE, IT WILL NOT DISAPPOINT!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1999

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 #21802111)

Price History

Date / Event Date Event Price
Mar 27, 2018 Sold
Premium
Sold
Jan 19, 2018 Listed by C21/ Charles Smith Agency $349,900
Listed by C21/ Charles Smith Agency

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,846
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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 11
  • Account Number: 801
  • District: 50
  • Parcel: 50 00084-0000-00011
  • Block: 84
  • Lot: 11
  • Municipality: UNION BEACH BORO
  • Latitude: 40.4439
  • Longitude: -74.1777

    Address

  • Full Address: 111 Park Ave
  • Address - House Number: 111
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 2921
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,043,678

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 559,116
  • High Value: 658,381
  • Low Value: 459,851

    Market Valuation

  • Market Total Value: $487,700
  • Market Land Value: $133,600
  • Market Improvement Value: $354,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,700
  • Assessed Land Value: $133,600
  • Assessed Improvements Value: $354,100

    Sales

  • Current Sale Contract Date: Mar 22, 2018
  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018033466
  • Previous Sale Recording Date: Dec 12, 2017
  • Previous Sale Contract Date: Nov 01, 2017
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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

73.5 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 19 Gregory Street, Hazlet, NJ, 07730

$4,250 /mo

  • 4 Beds
  • 2 Baths
19 Gregory Street, Hazlet, NJ, 07730 Listing by DEBORAH F. RATCLIFF
Unit for rent at 13 Fairview Lane, Hazlet, NJ, 07730

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,326 ft²
13 Fairview Lane, Hazlet, NJ, 07730 Listing by Tina M Frye

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kaitlyn Anderson, C21/ Charles Smith Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21802111
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 Park Avenue built and last sold?
The property at 111 Park Avenue was built in 1999 and last sold on Mar 22, 2018 for $352,000.
How much is this home worth?
The estimated value of the home located at 111 Park Avenue is $372,826.
What are some comparable homes to 111 Park Avenue?
There are currently no comparable homes to 111 Park Avenue.
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