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Ocean 08759
141 Weldon Road
$650,000
● House - Off Market

141 Weldon Road

Manchester, NJ 08759
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$531,086
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Beautiful 4 bedroom, 1.5 bathroom home in the Holly Oaks section of Manchester.  This lovely colonial home has excellent curb appeal, an in-ground pool, 2 car garage and full vinyl fence bordering the entire property. The home backs to scenic Holly Oaks Park and is easily accessible to great shopping and dining on major roads like Route 9 and Route 70.   Minutes from the Garden State Parkway for easy travel to the Jersey shore beaches this summer!  Do not miss your opportunity to own this picture perfect home!
Unit Size
-
Days on Market
63 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1983

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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 #22208455)

Price History

Date / Event Date Event Price
Jun 27, 2022 Sold
Premium
Sold
Mar 26, 2022 Listed by Keller Williams Realty Sewell $525,000
Listed by Keller Williams Realty Sewell

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 943
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,720
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,958
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: AMHERST

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720206

Zoning

  • Zoning: R10A

Geography

  • Assessors Map Reference: TAX MAP 2.02
  • Account Number: 5553
  • District: 19
  • Parcel: 19 00061- 04-00002
  • Block: 61.04
  • Lot: 2
  • Municipality: MANCHESTER TWP
  • Latitude: 40.036
  • Longitude: -74.2596

    Address

  • Full Address: 141 Weldon Rd
  • Address - House Number: 141
  • Address - Street Name: Weldon
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manchester
  • Carrier Code: C021
  • 4-Digit Zip Code: 6204
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $591,627

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 495,166
  • High Value: 590,979
  • Low Value: 399,354

    Market Valuation

  • Market Total Value: $267,100
  • Market Land Value: $86,900
  • Market Improvement Value: $180,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,100
  • Assessed Land Value: $86,900
  • Assessed Improvements Value: $180,200

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 73154
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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4297 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

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MOMMLS

Listed by: Elizabeth L McGillan, Keller Williams Realty Sewell
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22208455
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 141 Weldon Road built and last sold?
The property at 141 Weldon Road was built in 1983 and last sold on Jun 27, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 141 Weldon Road is $0.
What are some comparable homes to 141 Weldon Road?
There are currently no comparable homes to 141 Weldon Road.
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