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Monmouth 07728
165 Palisade Drive
$635,000
● House - Off Market

165 Palisade Drive

Freehold, NJ 07728
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,795 Ft²
$1,036,364
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

MOVE RIGHT IN TO THIS WELL MAINTAINED 4 BR 2.5 BATH COLONIAL ON 1.3 ACRES IN THE SUMMIT AT DURAND PARK.BRING YOUR ROCKING CHAIR & ENJOY SITTING ON YOUR WRAP AROUND FRONT PORCH.ENTER IN TO THE 2 STORY FOYER W/WOOD FLOORS & SPACIOUS LIVING ROOM & DINING ROOM.HUGE EAT-IN KITCHEN W/ 42'' UPPER CABINETS, CERAMIC TILE FLOOR & SLIDERS TO PATIO.KITCHEN IS OPEN TO FR W/WOOD FLOORS & BRICK FIREPLACE.MBR HAS DRAMATIC VAULTED CEILINGS,SITTING ROOM,WALK-IN CLOSET & FULL BATH.MBATH HAS LARGE SOAKING TUB, STALL SHOWER & DOUBLE VANITY.FULL FINISHED BASEMENT OFFERS PLENTY OF SPACE FOR THE FAMILY TO ENJOY.ALL BRAND NEW NEUTRAL CARPETING THROUGHOUT INCLUDING BASMENT.YARD HAS A PAVER PATIO & ROOM FOR THE ENTIRE TEAM TO PLAY ANY GAME ON THIS BEAUTIFUL PROPERTY CONVINIENTLY LOCATED & EXCELLENT SCHOOL SYSTEM
Unit Size
2,795 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$233
Property Type
House
Property Taxes
$1,151
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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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 #21708894)

Price History

Date / Event Date Event Price
Aug 30, 2017 Sold
Premium
Sold
Mar 8, 2017 Listed by C21/ Mack Morris Iris Lurie $649,900
Listed by C21/ Mack Morris Iris Lurie

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 1,331
  • Garage Type: 10
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,042
  • Lot Size Depth Feet: 2,370
  • Lot Size Frontage Feet: 2,660
  • Total Building Area: 2,906
  • Building Area: 2,906
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,906
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001447
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810402

Zoning

  • Zoning: R-60

Geography

  • Assessors Map Reference: TAX MAP 4
  • Account Number: 1106142
  • District: 17
  • Parcel: 17 00031- 04-00017
  • Block: 31.04
  • Lot: 17
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2853
  • Longitude: -74.2509

    Address

  • Full Address: 165 Palisade Dr
  • Address - House Number: 165
  • Address - Street Name: Palisade
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R013
  • 4-Digit Zip Code: 9038
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,478,250

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 970,468
  • High Value: 1,151,311
  • Low Value: 789,626

    Market Valuation

  • Market Total Value: $796,900
  • Market Land Value: $310,200
  • Market Improvement Value: $486,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $796,900
  • Assessed Land Value: $310,200
  • Assessed Improvements Value: $486,700

    Sales

  • Current Sale Contract Date: Aug 29, 2017
  • Current Sale Recording Date: Sep 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017089445
  • Previous Sale Recording Date: Mar 26, 1999
  • Previous Sale Contract Date: Mar 18, 1999
  • Previous Sale Amount: $336,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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 5 Buck Lane, Marlboro, NJ, 07746

$4,250 /mo

  • 4 Beds
  • 1 Bath
5 Buck Lane, Marlboro, NJ, 07746 Listing by Matthew Tully

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Frank Fortino, C21/ Mack Morris Iris Lurie
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21708894
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 165 Palisade Drive built and last sold?
The property at 165 Palisade Drive was built in 1999 and last sold on Aug 29, 2017 for $635,000.
How much is this home worth?
The estimated value of the home located at 165 Palisade Drive is $0.
What are some comparable homes to 165 Palisade Drive?
There are currently no comparable homes to 165 Palisade Drive.
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