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Highlands 07732 Highlands
17 Locust Street
$330,000
● Land - Off Market

17 Locust Street

Highlands, NJ 07732
bedrooms
Studio
bathrooms
0 Bath
$1,911
Est. Monthly
3.82%
Cap Rate

About This Property

Great opportunity to build your dream home right by the Ferry for easy commuting to NYC and minutes to the New Marina and Popamora Trail for biking and fishing.

Lot is located next to Pulite Homes newer Townhouse development with units selling for over  a Million Dollars.

Build your dream home while its still affordable .Enjoy all the beaches Highlands has to offer and Sandy Hook Beaches minutes away. Very few building lots left in Highlands.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$315
HOA Dues
-
Year Built
-

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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 #22424700)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Aug 24, 2024 Listed by Heritage House Sotheby's International Realty $325,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000057
  • Standard Land Use Code: 8000
  • County Land Use Code: 1

Neighborhood

  • School District Name: Highlands Borough School District
  • Census Tract: 800101

Zoning

  • Zoning: R103

Geography

  • District: 19
  • Parcel: 19 00101-0000-00027- 04
  • Block: 101
  • Lot: 27.04
  • Municipality: HIGHLANDS BORO
  • Latitude: 40.4091
  • Longitude: -74.0011

    Address

  • Full Address: 17 Locust St
  • Address - House Number: 17
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Highlands
  • Carrier Code: C001
  • 4-Digit Zip Code: 1008
  • Zip Code: 07732

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,131

    Market Valuation

  • Market Total Value: $188,500
  • Market Land Value: $188,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,500
  • Assessed Land Value: $188,500

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021132577
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 Highlands

Stats & Trends

Median Asking:

$644,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1102 ft²

Average Home Age

61.1 years

Currently For Sale

29 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

Rentals Near You

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MOMMLS

Listed by: Helen Mary Maresca, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22424700
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 17 Locust Street built and last sold?
The property at 17 Locust Street was built in and last sold on Aug 10, 2021 for $110,000.
How much is this home worth?
The estimated value of the home located at 17 Locust Street is $0.
What are some comparable homes to 17 Locust Street?
There are currently no comparable homes to 17 Locust Street.
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