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Monmouth 07731
169 Maxim Road
$476,500
● House - Off Market

169 Maxim Road

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,276 Ft²
$402,106
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Ranch needs some TLC with 3 bedrooms, 1 full bath, 3.2 acres of private land on a corner lot. Dining room, Kitchen, Great / Family room with wood burning fireplace, partial finished basement, screen porch, hard wood flooring under carpets, newer roof.  Detached 3 car garage/ workshop with oil heat and electric with office / living area above.  Close to restaurants, shopping and 195 and GSP.
Unit Size
2,276 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$175
Property Type
House
Property Taxes
$767
HOA Dues
-
Year Built
1950

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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 #22209778)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Keller Williams Realty Monmouth/Ocean $399,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,140
  • Garage Type: 2
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003200
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811200

Zoning

  • Zoning: ARE6

Geography

  • Assessors Map Reference: TAX MAP 5.06
  • Account Number: 035110
  • District: 21
  • Parcel: 21 00066-0000-00001
  • Block: 66
  • Lot: 1
  • Municipality: HOWELL TWP
  • Latitude: 40.1579
  • Longitude: -74.1846

    Address

  • Full Address: 169 Maxim Rd
  • Address - House Number: 169
  • Address - Street Name: Maxim
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: R004
  • 4-Digit Zip Code: 8800
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929,761

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 569,584
  • High Value: 671,906
  • Low Value: 467,262

    Market Valuation

  • Market Total Value: $443,800
  • Market Land Value: $171,300
  • Market Improvement Value: $272,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,800
  • Assessed Land Value: $171,300
  • Assessed Improvements Value: $272,500

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51747
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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1962 ft²

Average Home Age

45.1 years

Currently For Sale

2826 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 61 Saxton Road, Farmingdale, NJ, 07727

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,640 ft²
61 Saxton Road, Farmingdale, NJ, 07727 Listing by Abbey Lanz

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22209778
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 169 Maxim Road built and last sold?
The property at 169 Maxim Road was built in 1950 and last sold on May 2, 2022 for $476,500.
How much is this home worth?
The estimated value of the home located at 169 Maxim Road is $0.
What are some comparable homes to 169 Maxim Road?
There are currently no comparable homes to 169 Maxim Road.
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