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Matawan 07747
14 Daniel Drive
$630,000
● House - Off Market

14 Daniel Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,950 Ft²
$3,776
Est. Monthly
6.37%
Cap Rate

About This Property

Marc Woods! Commuters Dream! Start here & build this into your forever home! Beautiful colonial, highly desirable neighborhood, nestled on a huge manicured property, making it perfect to grow ''into'' or to expand as your family needs change! With 4 bedrooms, 1.5 baths, living room, dining room, eat in kitchen, family room and a flex room - you have plenty of space to stretch out. There is also a FULL basement ~ finish half and use the other half for storage! Wood burning fireplace, side door leading to fenced in play area, new floors in the kitchen & flex room along with newer deck & 3 year old roof! Home has two sheds, 2 car driveway and endless opportunity! Close to beautiful Lake Lefferts, Train Station, Parkway and all shopping. Highly Rated Matawan School District!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$287
Property Type
House
Property Taxes
$1,030
HOA Dues
-
Year Built
1963

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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 #22330953)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Nov 7, 2023 Listed by Keller Williams Realty Central Monmouth $559,000
Listed by Keller Williams Realty Central Monmouth

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 720
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,930
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000412
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803100

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 21
  • Account Number: 20240
  • District: 31
  • Parcel: 31 00065- 05-00017
  • Block: 65.05
  • Lot: 17
  • Municipality: MATAWAN BORO
  • Latitude: 40.4234
  • Longitude: -74.2338

    Address

  • Full Address: 14 Daniel Dr
  • Address - House Number: 14
  • Address - Street Name: Daniel
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C010
  • 4-Digit Zip Code: 2742
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,329,184

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 631,570
  • High Value: 772,826
  • Low Value: 490,314

    Market Valuation

  • Market Total Value: $611,400
  • Market Land Value: $381,100
  • Market Improvement Value: $230,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,400
  • Assessed Land Value: $381,100
  • Assessed Improvements Value: $230,300

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 305
  • Previous Sale Recording Date: Dec 09, 1988
  • Previous Sale Contract Date: Dec 09, 1988
  • Previous Sale Amount: $210,400
  • 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 Matawan

Stats & Trends

Median Asking:

$599,450

Sale Price/ft²

$338

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1694 ft²

Average Home Age

64.5 years

Currently For Sale

20 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 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jennifer Sabodish, Keller Williams Realty Central Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22330953
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 14 Daniel Drive built and last sold?
The property at 14 Daniel Drive was built in 1963 and last sold on Dec 29, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 14 Daniel Drive is $0.
What are some comparable homes to 14 Daniel Drive?
There are currently no comparable homes to 14 Daniel Drive.
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