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Monmouth 07751
120 Conover Road
$690,000
● House - Off Market

120 Conover Road

Morganville, NJ 07751
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,240,621
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Gorgeous CUSTOM RANCH built 2005 on prime 3.74 acres in Pleasant Valley section of Morganville! Attention to every detail using the finest building materials sparing no expense. Circular double-wide drive w/stamped concrete walk. Open Floorplan - expansive columned foyer. NEFF custom kitchen w/granite ctrs & backsplash, Miele & Jennaire SS app., 20 ft soaring ceilings opens to Family Rm w gas fp. Recessed lites thruout. Garage has steps to walk out basement.  GENERAC HOME Generator. Enclosed Florida Rm. 85x31 poured concrete basement. Central Vac, Alarm sys, 2 zoned heat & air. Alabaster chandeliers included! Elegant and Immaculate.
Unit Size
-
Days on Market
-
Land Size
3.74 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,179
HOA Dues
-
Year Built
2005

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: 3 years ago (MOMLS #21512659)

Price History

Date / Event Date Event Price
Aug 5, 2015 Sold
Premium
Sold
Apr 6, 2015 Listed by RE/MAX Central $699,000
Listed by RE/MAX Central

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 3,250
  • Garage Type: 1
  • Garage Square Area: 775
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 165,092
  • Total Building Area: 3,250
  • Building Area: 3,250
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,250
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003790
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809504

Zoning

  • Zoning: 2767

Geography

  • Assessors Map Reference: TAX MAP 41
  • District: 30
  • Parcel: 30 00157-0000-00037- 01
  • Block: 157
  • Lot: 37.01
  • Municipality: MARLBORO TWP
  • Latitude: 40.3545
  • Longitude: -74.2338

    Address

  • Full Address: 120 Conover Rd
  • Address - House Number: 120
  • Address - Street Name: Conover
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morganville
  • Carrier Code: R081
  • 4-Digit Zip Code: 4614
  • Zip Code: 07751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,672,902

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,118,426
  • High Value: 1,303,409
  • Low Value: 933,442

    Market Valuation

  • Market Total Value: $693,000
  • Market Land Value: $240,300
  • Market Improvement Value: $452,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $693,000
  • Assessed Land Value: $240,300
  • Assessed Improvements Value: $452,700

    Sales

  • Current Sale Contract Date: Jul 27, 2015
  • Current Sale Recording Date: Aug 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015074540
  • Previous Sale Recording Date: Mar 30, 1999
  • Previous Sale Contract Date: Mar 26, 1999
  • Previous Sale Amount: $90,000
  • 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:

$724,900

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3024 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

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MOMMLS

Listed by: Lucy H Starr, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21512659
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 120 Conover Road built and last sold?
The property at 120 Conover Road was built in 2005 and last sold on Jul 27, 2015 for $690,000.
How much is this home worth?
The estimated value of the home located at 120 Conover Road is $0.
What are some comparable homes to 120 Conover Road?
There are currently no comparable homes to 120 Conover Road.
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