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Monmouth 07718
129 Maple Avenue
$420,000
● House - Off Market

129 Maple Avenue

Belford, NJ 07718
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$396,511
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Move right in to this well maintained ranch style home located on a large, corner lot. Features include 2 (possibly more) bedrooms, an office/den, a spacious living room and eat-in kitchen with plenty of cabinet and counter space. Newer air conditioner and furnace. Converted attached garage with endless possibilities as well as fully encapsulated crawl space with vapor barrier and high ceiling. Tiered deck overlooking fenced yard. Whole house Generac generator included. Two shed for additional storage. Low maintenance vinyl siding. Oversized driveway with on and off street parking. Located 1 block from the Belford Junction. Close proximity to the beach and boardwalk, schools, transportation, NYC ferry, NJ transit train, marinas, shopping, parks, and all the Jersey shore has to offer!
Unit Size
936 Ft²
Days on Market
52 days
Land Size
0.23 acres
Price per sqft
$426
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1948

Payment Calculator

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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: 12 months ago (MOMLS #22321820)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 8, 2023 Listed by Weichert Realtors-Middletown $399,000
Listed by Weichert Realtors-Middletown

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 828
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800500

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 38
  • Account Number: Feb 01, 2006
  • District: 32
  • Parcel: 32 00492-0000-00003
  • Block: 492
  • Lot: 3
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4161
  • Longitude: -74.0926

    Address

  • Full Address: 129 Maple Ave
  • Address - House Number: 129
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belford
  • Carrier Code: C004
  • 4-Digit Zip Code: 1266
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $631,242

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 433,655
  • High Value: 513,896
  • Low Value: 353,413

    Market Valuation

  • Market Total Value: $363,200
  • Market Land Value: $257,500
  • Market Improvement Value: $105,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,200
  • Assessed Land Value: $257,500
  • Assessed Improvements Value: $105,700

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 68643
  • Previous Sale Recording Date: May 06, 1997
  • Previous Sale Contract Date: Apr 17, 1997
  • Previous Sale Amount: $120,000
  • 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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1994 ft²

Average Home Age

45.2 years

Currently For Sale

1815 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 124 Wilson Avenue, Port Monmouth, NJ, 07758

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 2,503 ft²
124 Wilson Avenue, Port Monmouth, NJ, 07758 Listing by Erin Yetman
Unit for rent at 308 Wedgewood Circle, Belford, NJ, 07718

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,162 ft²
308 Wedgewood Circle #308, Belford, NJ, 07718 Listing by Gary Thomson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michael Smith, Weichert Realtors-Middletown
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22321820
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 129 Maple Avenue built and last sold?
The property at 129 Maple Avenue was built in 1948 and last sold on Sep 29, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 129 Maple Avenue is $401,591.
What are some comparable homes to 129 Maple Avenue?
There are currently no comparable homes to 129 Maple Avenue.
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