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Ocean 08533
122 Archertown Road
$103,000
● House - Off Market

122 Archertown Road

New Egypt, NJ 08533
bedrooms
2 Beds
bathrooms
1 Bath
$175,520
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Country living with this cute 2 bedroom Ranch , come and enjoy the fresh air. Seller says bring all offers. Selling ''AS IS'', Seller will do well test and CO, Any repairs are the responsibility of Buyer.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1955

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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 #21913714)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Apr 4, 2019 Listed by Mulcahy Holmes Agency $120,000
Listed by Mulcahy Holmes Agency
Country living with this cute 2 bedroom Ranch. Come and enjoy the fresh air. Seller says bring all offers. Selling "AS IS", Seller will do the water test and CO. Any repairs are the responsibility of Buyer.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 615
  • Building Area: 615
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 615
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Plumsted Township School District
  • Census Tract: 718000

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 24
  • Parcel: 24 00084-0000-00009
  • Block: 84
  • Lot: 9
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0624
  • Longitude: -74.4981

    Address

  • Full Address: 122 Archertown Rd
  • Address - House Number: 122
  • Address - Street Name: Archertown
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: R001
  • 4-Digit Zip Code: 1903
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $439,600

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 276,418
  • High Value: 334,260
  • Low Value: 218,576

    Market Valuation

  • Market Total Value: $158,700
  • Market Land Value: $114,800
  • Market Improvement Value: $43,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,700
  • Assessed Land Value: $114,800
  • Assessed Improvements Value: $43,900

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019132838
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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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 14 Story Street, New Egypt, NJ, 08533

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
14 Story Street #A, New Egypt, NJ, 08533 Listing by Zev Wilner

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Carol-Ann A Conner, Mulcahy-Holmes Agency
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21913714
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 122 Archertown Road built and last sold?
The property at 122 Archertown Road was built in 1955 and last sold on Dec 20, 2019 for $103,000.
How much is this home worth?
The estimated value of the home located at 122 Archertown Road is $121,200.
What are some comparable homes to 122 Archertown Road?
There are currently no comparable homes to 122 Archertown Road.
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