Listed by: MaryAnn Josephson, [email protected], RE/MAX Real Estate Limited, (201) 599-1100, Listing Courtesy of NJMLS
$1,170,000
●
House -
Off Market
118 Longview Drive
Emerson, NJ 07630
5 Beds
5 Baths,
2
Half Baths
$7,987
Est. Monthly
3.16%
Cap Rate
About This Property
STUNNING CUSTOM BUILT 5 BR COLONIAL, PRIVATE YARD NEIGHBORING
COUNTRY AND GOLF CLUB IN DESIRABLE AREA. THIS QUALITY HOME
FEATURES,9 FOOT CEILINGS, HARDWOOD FLS T/O,CUSTOM MOLDINGS,LR, FDR,
CUSTOM KIT,LG ISLAND,INSTANT HOT/COLD WATER BUTLER,DINING AREA,
HALF BTH. 2 STORY FAMILY RM/FPL W/WET BAR/ICE MAKER&FRIG,BR,
FULL BTH/LG SHOWER,LNDRY RM. SECOND FLOOR LG HALL W/VIEW OF FR &
FOYER, HUGE PRIMARY BR,SITTING AREA,HIGH TRAY CEILING,LG CUSTOM W/I
CLST W/ISLAND,BATH W/HIGH TRAY CEILING, SEP CUST SINKS, WHIRLPOOL
TUB & LARGE SHOWER. ADDITIONAL 3 LG BRS AND FULL BATH SPECTACULAR
FINISHED BASEMENT W/11 SEAT MOVIE THEATER,STAR-LIT CEILING, CUSTOM
LEADED GLASS MAHOGANY DOORS, 3 D & SOUND PROOF, ENTERTAINMENT
KITCHEN, LARGE GYM AREA AND LOUNGE,1/2 BTH, EXTRAS INCL:6 ZONE GAS
HOT WATER BB HEAT,3 ZONE A/C,7.1 SURROUND SOUND IN
KIT,FR,MBR,HEATED GARAGE,WHOLE HOUSE GENERATOR FENCED IN YARD PLUS
INVISIBLE FENCE,GAZEBO W/LIGHTING & FAN,U/G SPRINKLERS
OVERSIZED PAVER DRIVEWAY,WALKS & PATIO
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
House
Property Taxes
$2,242
HOA Dues
-
Year Built
2001
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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 (NJMLS #23030163)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | Listed by RE/MAX Real Estate Limited | $1,295,000 | |
| Listed by RE/MAX Real Estate Limited | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 17, 2023 | Price Change | $1,250,000 | |
| Price Change | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Emerson
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Listed by: MaryAnn Josephson
RE/MAX Real Estate Limited
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23030163
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
RE/MAX Real Estate Limited
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23030163
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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