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Monmouth 07731
116 Newbury Road
$320,000
● House - Off Market

116 Newbury Road

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,954 Ft²
$516,432
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Looking for that perfect home? We have it for you. This Bi-level home features, 4 Bedrooms, Hardwood floors, updated baths, updated kitchen, corian counters, appliance package, large family room with fireplace, 2 sliding doors to deck and patio, Recessed lighting throughout, Spacious utility room, could be a second den or office, or workout room, public sewer and water,1 car garage, large fully fenced in yard, plenty of room to make it a backyard oasis, deck, patio, located in desirable development, Blue ribbon school system, near all avenues of transportation, shopping, stores, houses of worship and highways.  Call your appointment today.
Unit Size
1,954 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$166
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1965

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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: 2 years ago (MOMLS #21725064)

Price History

Date / Event Date Event Price
Oct 11, 2017 Sold
Premium
Sold
Jul 3, 2017 Listed by Coldwell Banker Realty $324,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,650
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 1,954
  • Building Area: 1,954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,954
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000382
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Geography

  • Assessors Map Reference: TAX MAP 4.11
  • Account Number: 017760
  • District: 21
  • Parcel: 21 00035- 29-00007
  • Block: 35.29
  • Lot: 7
  • Municipality: HOWELL TWP
  • Latitude: 40.1509
  • Longitude: -74.2084

    Address

  • Full Address: 116 Newbury Rd
  • Address - House Number: 116
  • Address - Street Name: Newbury
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: C003
  • 4-Digit Zip Code: 2110
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $793,903

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 556,073
  • High Value: 666,763
  • Low Value: 445,383

    Market Valuation

  • Market Total Value: $426,600
  • Market Land Value: $260,200
  • Market Improvement Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,600
  • Assessed Land Value: $260,200
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Contract Date: Aug 05, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017104813
  • Previous Sale Recording Date: Jul 03, 2008
  • Previous Sale Contract Date: Jun 25, 2008
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 12

    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 Monmouth

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1963 ft²

Average Home Age

45.4 years

Currently For Sale

1821 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 12 Cindy Court, Howell, NJ, 07731

$4,000 /mo

  • 2 Beds
  • 2 Baths
12 Cindy Court, Howell, NJ, 07731 Listing by Christine Lundberg

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Angelicola, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21725064
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 116 Newbury Road built and last sold?
The property at 116 Newbury Road was built in 1965 and last sold on Aug 5, 2017 for $320,000.
How much is this home worth?
The estimated value of the home located at 116 Newbury Road is $350,901.
What are some comparable homes to 116 Newbury Road?
There are currently no comparable homes to 116 Newbury Road.
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