For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Monmouth 07747
172 Willow Avenue
$57,500
● Land - Off Market

172 Willow Avenue

Matawan, NJ 07747
bedrooms
Studio
bathrooms
0 Bath
$190,172
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

TWO LOTS FOR ONE PRICE IN THIS DESIRABLE SECTION OF ABERDEEN. First lot 12.01  block 137 160 Willow Ave is a 105 x 100 The second lot 11.01 block 137 172 willow ave is 244 x 117 These lots are located on a dead end street. If you are looking to build a home this is a must see. Builders this is great for your clients new home. Sewers are being put in the street. Both lots 124,900
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$49
HOA Dues
-
Year Built
2019

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #21744090)

Price History

Date / Event Date Event Price
May 8, 2018 Sold
Premium
Sold
Nov 21, 2017 Listed by VRI Homes $124,900
Listed by VRI Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,106
  • Garage Type: 10
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,548
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 2,440
  • Total Building Area: 2,354
  • Building Area: 2,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,354
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000655
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802900

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 26
  • District: 01
  • Parcel: 01 00137-0000-00011- 01
  • Block: 137
  • Lot: 11.01
  • Municipality: ABERDEEN TWP
  • Latitude: 40.3998
  • Longitude: -74.2469

    Address

  • Full Address: 172 Willow Ave
  • Address - House Number: 172
  • Address - Street Name: Willow
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C001
  • 4-Digit Zip Code: 2421
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,630,560

    Appraisal Valuation

  • Standard Deviation: 0.1634
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 964,287
  • High Value: 1,121,917
  • Low Value: 806,657

    Market Valuation

  • Market Total Value: $762,300
  • Market Land Value: $243,100
  • Market Improvement Value: $519,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $762,300
  • Assessed Land Value: $243,100
  • Assessed Improvements Value: $519,200

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021097613
  • Previous Sale Recording Date: Aug 20, 2019
  • Previous Sale Contract Date: Aug 15, 2019
  • Previous Sale Amount: $615,000
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Elizabeth Buccigrossi, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21744090
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 172 Willow Avenue built and last sold?
The property at 172 Willow Avenue was built in 2019 and last sold on May 20, 2021 for $745,000.
How much is this home worth?
The estimated value of the home located at 172 Willow Avenue is $126,149.
What are some comparable homes to 172 Willow Avenue?
There are currently no comparable homes to 172 Willow Avenue.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Monmouth Homes for Sale
Monmouth Houses for Sale
Monmouth Condos for Sale
Monmouth Co-Ops for Sale
Monmouth Townhouses for Sale
Monmouth Multifamily for Sale
Monmouth Land for Sale
Monmouth Commercial for Sale
Nearby Cities
New York Homes for Sale
Philadelphia Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Holiday City-Berkeley Homes for Sale
Ocean Acres Homes for Sale
Trenton Homes for Sale
Nearby Property Records
Monmouth County, NJ Property Records
Middlesex County, NJ Property Records
Ocean County, NJ Property Records
Mercer County, NJ Property Records
Union County, NJ Property Records
Somerset County, NJ Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Neighborhoods
Upper East Side Real Estate
Upper West Side Real Estate
Midtown East Real Estate
Flushing Real Estate
Harlem Real Estate
Chelsea Real Estate
Forest Hills Real Estate
Midtown Real Estate
Nearby Counties
Ocean Homes for Sale
Manhattan Homes for Sale
Philadelphia Homes for Sale
Queens Homes for Sale
Brooklyn Homes for Sale
Middlesex Homes for Sale
Camden Homes for Sale
Burlington Homes for Sale
Top Real Estate Agents
Top Agents in Monmouth
Top Agents in New York
Top Agents in Ocean
Top Agents in Manhattan
Top Agents in Philadelphia
Top Agents in Philadelphia
Top Agents in Queens
Top Agents in Brooklyn