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Monmouth 07731
12 Smith Street
$310,000
● House - Off Market

12 Smith Street

Howell, NJ 07731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,160 Ft²
$323,499
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

The one you've been waiting for! Outstanding, fully renovated, stylish, turn key and affordable 2 bedroom ranch in Howell. This charming home offers much more than appears (nearly 1,200 sq ft), is situated on a large 75x200 lot creating an expansive back yard as well as leaving the house set back quite a bit off the road for added privacy. The interior presents as if it's out of the pages of a design magazine featuring a sunken living room with new engineered flooring, upgraded box moldings and a foyer area with over sized closet. The modern and impressive kitchen is complimented with a separate dining area, large bedrooms and closets, impressive bath and separate laundry. Also a new roof, windows, systems, how water heater, recess lighting, fresh paint throughout and PUBLIC sewer/water!
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$241
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1950

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22104932)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
Feb 19, 2021 Listed by RE/MAX at Barnegat Bay $279,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 9
  • Basement Area: 800
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811301

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 7.15
  • Account Number: 048270
  • District: 21
  • Parcel: 21 00111-0000-00005
  • Block: 111
  • Lot: 5
  • Municipality: HOWELL TWP
  • Latitude: 40.1644
  • Longitude: -74.2407

    Address

  • Full Address: 12 Smith St
  • Address - House Number: 12
  • Address - Street Name: Smith
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Howell
  • Carrier Code: R001
  • 4-Digit Zip Code: 8526
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,929

    Appraisal Valuation

  • Standard Deviation: 0.2032
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 407,761
  • High Value: 490,622
  • Low Value: 324,899

    Market Valuation

  • Market Total Value: $332,400
  • Market Land Value: $157,200
  • Market Improvement Value: $175,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,400
  • Assessed Land Value: $157,200
  • Assessed Improvements Value: $175,200

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021117498
  • Previous Sale Recording Date: Jan 31, 2018
  • Previous Sale Contract Date: Dec 13, 2017
  • Previous Sale Amount: $85,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$744,950

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2011 ft²

Average Home Age

45.6 years

Currently For Sale

1771 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 10 Smith Street, Howell, NJ, 07731

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
10 Smith Street, Howell, NJ, 07731 Listing by Clara Borras
Unit for rent at 69 Forest Drive, Jackson, NJ, 08527

$3,450 /mo

  • 5 Beds
  • 2 Baths
69 Forest Drive, Jackson, NJ, 08527 Listing by Efrayim Lax

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Robert N Lange, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22104932
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 12 Smith Street built and last sold?
The property at 12 Smith Street was built in 1950 and last sold on Jul 20, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 12 Smith Street is $0.
What are some comparable homes to 12 Smith Street?
There are currently no comparable homes to 12 Smith Street.
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