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Middlesex 08831
18 Stonegate Drive
$675,000
● House - Off Market

18 Stonegate Drive

Monroe, NJ 08831
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,168 Ft²
$860,564
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Great opp. to own spacious 4 bdrm Colonial featuring an ideal floor plan for entertaining. East facing in sought after The Reserve development, you'll find 4 large bdrms, master w/ en-suite bath, soaking tub,& walk-in closet. 1st floor features 2-story foyer, office, eat in kitchen, formal dining room, living room & 2-story sun-drenched family rm w/ wood burning fireplace. Enjoy summer nights watching the sunset on your back patio while guests swim in your inground pool. Fully fenced & flat yard...great curb appeal! Full basement with high ceilings. Newer furnace,AC,& attic fan and freshly painted. Put your finishing touches into this home- it's like a blank canvas in a beautiful neighborhood & ideal location! Conveniently located near shopping, great schools, NJ Turnpike & Parkway.
Unit Size
3,168 Ft²
Days on Market
41 days
Land Size
0.48 acres
Price per sqft
$207
Property Type
House
Property Taxes
$1,259
HOA Dues
-
Year Built
2001

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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 #22038022)

Price History

Date / Event Date Event Price
Dec 2, 2020 Sold
Premium
Sold
Oct 22, 2020 Listed by Keller Williams Realty West Monmouth $655,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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
  • Living Units: 1
  • 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: 21,033
  • Total Building Area: 3,168
  • Building Area: 3,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING ACRES SEC 02
  • Land Acres: 0000000483
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: MANCHESTER

Neighborhood

  • School District Name: Monroe Township School District
  • Census Tract: 008212

Zoning

  • Zoning: R30

Geography

  • District: 12
  • Parcel: 12 00077- 4-00003
  • Block: 77.4
  • Lot: 3
  • Municipality: MONROE TWP
  • Latitude: 40.3571
  • Longitude: -74.3771

    Address

  • Full Address: 18 Stonegate Dr
  • Address - House Number: 18
  • Address - Street Name: Stonegate
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Monroe Township
  • Carrier Code: R008
  • 4-Digit Zip Code: 3265
  • Zip Code: 08831

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,551,950

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 910,828
  • High Value: 1,064,704
  • Low Value: 756,952

    Market Valuation

  • Market Total Value: $585,200
  • Market Land Value: $182,500
  • Market Improvement Value: $402,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,200
  • Assessed Land Value: $182,500
  • Assessed Improvements Value: $402,700

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021006645
  • Previous Sale Recording Date: Jul 23, 2001
  • Previous Sale Contract Date: Jun 29, 2001
  • Previous Sale Amount: $463,386
  • 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 Middlesex

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1357 ft²

Average Home Age

33.4 years

Currently For Sale

1852 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 3 11 Th Avenue, Monroe, NJ, 08831

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
3 11 Th Avenue, Monroe, NJ, 08831 Listing by KAREN MOSES

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jennifer Klein, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22038022
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 Stonegate Drive built and last sold?
The property at 18 Stonegate Drive was built in 2001 and last sold on Nov 23, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 18 Stonegate Drive is $0.
What are some comparable homes to 18 Stonegate Drive?
There are currently no comparable homes to 18 Stonegate Drive.
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