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New Egypt 08533
140 Evergreen Road
$327,776*
● Commercial - Off Market

140 Evergreen Road

Plumsted, NJ 08533
bedrooms
Studio
bathrooms
0 Bath
square feet
1,539 Ft²
$297,000 - $361,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Colonial home with multi use zoning! The house has an updated kitchen, 3 bedrooms, 1.5 baths, living room with fireplace for the cool nights, nice size dining room and a large 3 season room overlooking the back yard. Coy pond and beautiful flower gardens. Property also consists of an incoming producing detached garage with 3 bays and heat, and 1/2 bath. C-2 zoning allows for many uses, just right for someone in the trade business or car enthusiasts. Great road exposure. Come see for yourself!. Live in the house and let the garage rental pay towards taxes or mortgage. This property is being sold ''AS IS''.

The manager has listed the unit size as 1539 square feet.
Unit Size
1,539 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$214
Property Type
Commercial
Property Taxes
$590
HOA Dues
-
Year Built
1945

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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.

Price History

Date / Event Date Event Price
Oct 27, 2023 No longer available -
No longer available
Sep 1, 2023 In contract -
In contract
May 2, 2023 Price Decreased $329,000
↓ $30K (8.4%)
Price Decreased
Jan 6, 2023 Price Decreased $359,000
↓ $40K (10%)
Price Decreased
Sep 22, 2022 Listed $399,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 456
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,657
  • Lot Size Frontage Feet: 2,040
  • Total Building Area: 1,539
  • Gross Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000382
  • Standard Land Use Code: 2000
  • County Land Use Code: 4A

Neighborhood

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

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 24
  • Parcel: 24 00040-0000-00005
  • Block: 40
  • Lot: 5
  • Municipality: PLUMSTED TWP
  • Latitude: 40.087
  • Longitude: -74.5337

    Address

  • Full Address: 140 Evergreen Rd
  • Address - House Number: 140
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: C002
  • 4-Digit Zip Code: 1208
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $734,050

    Market Valuation

  • Market Total Value: $265,000
  • Market Land Value: $165,800
  • Market Improvement Value: $99,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,000
  • Assessed Land Value: $165,800
  • Assessed Improvements Value: $99,200

    Sales

  • Current Sale Contract Date: Jul 03, 2013
  • Current Sale Recording Date: Jul 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013078149
  • Previous Sale Recording Date: May 20, 2004
  • Previous Sale Contract Date: May 18, 2004
  • Previous Sale Amount: $6,550
  • Previous Sale Document Type: 12
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 New Egypt

Stats & Trends

Median Asking:

$430,000

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1852 ft²

Average Home Age

42.6 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 19 N Main Street, NEW EGYPT, NJ, 08533

$2,000 /mo

  • 2 Beds
  • 1 Bath
19 N Main Street #25A, NEW EGYPT, NJ, 08533 Listing by CARLA COLUCCI
Unit for rent at 67 Jacobstown Road, Plumsted, NJ, 08533

$1,100 /mo

  • 1 Bed
  • 1 Bath
67 Jacobstown Road, Plumsted, NJ, 08533 Listing by Mark A Schneider

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 140 Evergreen Road built and last sold?
The property at 140 Evergreen Road was built in 1945 and last sold on Jul 3, 2013 for $140,000.
How much is this home worth?
The estimated value of the home located at 140 Evergreen Road is $0.
What are some comparable homes to 140 Evergreen Road?
There are currently no comparable homes to 140 Evergreen Road.
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