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Monmouth
18 Park Avenue
$375,000
● House - Off Market

18 Park Avenue

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$550,313
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Not to be missed spacious four bedroom two full bath Center Hall Colonial home in a great neighborhood! The first floor offers a large living room with gleaming hardwood floors, and family room with gas fireplace that flows to the screened in porch. Eat in Kitchen with center island, lots of cabinet space and newer appliances. Dining room flows from the kitchen with hardwood flooring and brick accent wall. Master bedroom with wall to wall carpet and great closet space. Neutral newer  bathrooms. This home has had many updates including six panel doors, newer roof and gutters, on demand hot water heater, A/C , washer and dryer. All of this and an awesome location for commuting only minutes to the Hazlet train station, and the Garden State Parkway.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$208
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21921033)

Price History

Date / Event Date Event Price
Jul 5, 2019 Sold
Premium
Sold
May 21, 2019 Listed by Heritage House Sotheby's International Realty $375,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 840
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEABROOK MANOR
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802400

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 62
  • Account Number: 046599
  • District: 18
  • Parcel: 18 00215-0000-00015
  • Block: 215
  • Lot: 15
  • Municipality: HAZLET TWP
  • Latitude: 40.4201
  • Longitude: -74.1912

    Address

  • Full Address: 18 Park Ave
  • Address - House Number: 18
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C002
  • 4-Digit Zip Code: 1318
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,374

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 585,940
  • High Value: 689,967
  • Low Value: 481,913

    Market Valuation

  • Market Total Value: $472,800
  • Market Land Value: $220,000
  • Market Improvement Value: $252,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,800
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Contract Date: Jul 11, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019062190
  • Previous Sale Recording Date: Nov 19, 1999
  • Previous Sale Contract Date: Oct 15, 1999
  • Previous Sale Amount: $227,000
  • 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:

$739,999

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2005 ft²

Average Home Age

45.6 years

Currently For Sale

1838 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 2 Raritan Cove, Keyport, NJ, 07735

$4,250 /mo

  • 3 Beds
  • 4 Baths
  • 2,362 ft²
2 Raritan Cove, Keyport, NJ, 07735 Listing by Carissa Marshall
Unit for rent at 1 Meadow Court, Hazlet, NJ, 07730

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,494 ft²
1 Meadow Court, Hazlet, NJ, 07730 Listing by Margaret Adjami

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ellen Pignataro, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21921033
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 18 Park Avenue built and last sold?
The property at 18 Park Avenue was built in 1976 and last sold on Jul 11, 2019 for $375,000.
How much is this home worth?
The estimated value of the home located at 18 Park Avenue is $0.
What are some comparable homes to 18 Park Avenue?
There are currently no comparable homes to 18 Park Avenue.
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