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Laurence Harbor 08879
154 Ely Avenue
$295,000
● House - Off Market

154 Ely Avenue

Laurence Harbor, NJ 08879
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$399,821
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

This bi-level has much to offer.  3 spacious bedrooms, laminate flooring, 1.5 baths, Eat-in-kitchen w newer cabinetry, ceramic floors, SS appliances.  Deep 1 car garage.  Nice curb appeal w front of home having vinyl siding.  Fenced in yard w concrete patio.  This is a short sale. Owner would like to see all written offers.  All offers will be submitted to Bank. Buyer will be responsible for CO, smoke and fire certs.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1976

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 #22012589)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Apr 16, 2020 Listed by RE/MAX Central $299,000
Listed by RE/MAX Central

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 155,156

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 008001

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 2.13
  • Account Number: 02320000
  • District: 15
  • Parcel: 15 02078-0000-00154
  • Block: 2078
  • Lot: 154
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4464
  • Longitude: -74.2512

    Address

  • Full Address: 154 Ely Ave
  • Address - House Number: 154
  • Address - Street Name: Ely
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Laurence Harbor
  • Carrier Code: C013
  • 4-Digit Zip Code: 2649
  • Zip Code: 08879

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $673,062

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 456,858
  • High Value: 546,017
  • Low Value: 367,700

    Market Valuation

  • Market Total Value: $125,900
  • Market Land Value: $45,000
  • Market Improvement Value: $80,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,900
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $80,900

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020108023
  • Previous Sale Recording Date: Sep 21, 2007
  • Previous Sale Contract Date: Aug 24, 2007
  • Previous Sale Amount: $325,000
  • 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 Laurence Harbor

Stats & Trends

Median Asking:

$532,000

Sale Price/ft²

$371

Below Asking

0.01%

Average Days on Market

71

Average Home Size

885 ft²

Average Home Age

73.6 years

Currently For Sale

36 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 311 Prospect Ave, Old Bridge Twp., 08879-2859

$3,300 /mo

  • 3 Beds
  • 2 Baths
311 Prospect Ave, Old Bridge Twp., 08879-2859 Listing by GHADA HASSAN
Unit for rent at 65 County Road, Cliffwood, NJ, 07721

$3,050 /mo

  • 2 Beds
  • 2 Baths
  • 1,224 ft²
65 County Road #71, Cliffwood, NJ, 07721 Listing by Patricia Champion

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lucy H Starr, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22012589
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 154 Ely Avenue built and last sold?
The property at 154 Ely Avenue was built in 1976 and last sold on Sep 15, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 154 Ely Avenue is $301,990.
What are some comparable homes to 154 Ely Avenue?
There are currently no comparable homes to 154 Ely Avenue.
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