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Monmouth
13 Cornell Drive
$265,000
● House - Off Market

13 Cornell Drive

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$602,693
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Start the New Year off right - In your own home! 4BR Colonial close to NYC transportation. All hardwood floors throughout - just refinished. Freshly painted interior. Updated kitchen. All thermal replacement windows. New front porch and rear porch. Full Basement & attached garage. Furnace & Central A/C 2 years young.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1959

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: 3 years ago (MOMLS #21144266)

Price History

Date / Event Date Event Price
Jun 8, 2012 Sold
Premium
Sold
Dec 13, 2011 Listed by Heritage House Sotheby's International Realty $279,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 660
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: GEORGETOWN COLONIAL

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802300

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 34
  • Account Number: 036012
  • District: 18
  • Parcel: 18 00185-0000-00006
  • Block: 185
  • Lot: 6
  • Municipality: HAZLET TWP
  • Latitude: 40.425
  • Longitude: -74.1737

    Address

  • Full Address: 13 Cornell Dr
  • Address - House Number: 13
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C010
  • 4-Digit Zip Code: 2320
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,000,543

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 619,540
  • High Value: 777,174
  • Low Value: 461,906

    Market Valuation

  • Market Total Value: $468,200
  • Market Land Value: $276,000
  • Market Improvement Value: $192,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,200
  • Assessed Land Value: $276,000
  • Assessed Improvements Value: $192,200

    Sales

  • Current Sale Contract Date: Jun 08, 2012
  • Current Sale Recording Date: Jun 14, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012061677
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 450 Beachway Avenue, Keansburg, NJ, 07734

$4,500 /mo

  • 3 Beds
  • 3 Baths
450 Beachway Avenue, Keansburg, NJ, 07734 Listing by Moataz Ghounem

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dorothy Carney Donlin, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21144266
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 13 Cornell Drive built and last sold?
The property at 13 Cornell Drive was built in 1959 and last sold on Jun 8, 2012 for $265,000.
How much is this home worth?
The estimated value of the home located at 13 Cornell Drive is $0.
What are some comparable homes to 13 Cornell Drive?
There are currently no comparable homes to 13 Cornell Drive.
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