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Monmouth 07727
184 Old Tavern Road
$500,000
● House - Off Market

184 Old Tavern Road

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$805,566
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Rare Find...3.39 Acres in Howell Township. This custom Split level offers 4 Bedroom 2.5 Baths (+ a pool bath for Summer months)Partial Finished Basement , 2 Car Attached Garage in addition to an Oversized 2 car Detached Heated Garage(workshop)* Florida room leads to Heated Built-in Pool in a private Tranquil yard Backing to woods.*If that Hasn't  WOWED you yet * The Beautiful Open concept Kitchen/Living area will!! Granite counters*Large Breakfast bar*Stainless Appliance*Hard wood Floors. Rocking chair Porch with the view of a sprawling Front yard tops it off. Close to 195,GSP,RT 9 ,Manasquan Reservoir , Allaire State Park. You will not be disappointed.
Unit Size
-
Days on Market
-
Land Size
3.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$985
HOA Dues
-
Year Built
1975

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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: 3 years ago (MOMLS #21917569)

Price History

Date / Event Date Event Price
Oct 24, 2019 Sold
Premium
Sold
Apr 29, 2019 Listed by Real Estate, LTD $550,000
Listed by Real Estate, LTD

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 884
  • Garage Type: 10
  • Garage Square Area: 1,460
  • Parking Space Count: 5
  • Patio Type: 20
  • Porch Type: 77
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 147,668
  • Total Building Area: 2,660
  • Building Area: 2,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,660
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003390
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811502

Zoning

  • Zoning: ARE6

Geography

  • Assessors Map Reference: TAX MAP 6.04
  • Account Number: 029330
  • District: 21
  • Parcel: 21 00050-0000-00051
  • Block: 50
  • Lot: 51
  • Municipality: HOWELL TWP
  • Latitude: 40.1671
  • Longitude: -74.1693

    Address

  • Full Address: 184 Old Tavern Rd
  • Address - House Number: 184
  • Address - Street Name: Old Tavern
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: R005
  • 4-Digit Zip Code: 8810
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,315,451

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 781,904
  • High Value: 911,820
  • Low Value: 651,989

    Market Valuation

  • Market Total Value: $627,900
  • Market Land Value: $227,900
  • Market Improvement Value: $400,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,900
  • Assessed Land Value: $227,900
  • Assessed Improvements Value: $400,000

    Sales

  • Current Sale Contract Date: Oct 22, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019111745
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:

$725,000

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1948 ft²

Average Home Age

45 years

Currently For Sale

2942 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

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MOMMLS

Listed by: Melanie Shimak, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21917569
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 184 Old Tavern Road built and last sold?
The property at 184 Old Tavern Road was built in 1975 and last sold on Oct 22, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 184 Old Tavern Road is $0.
What are some comparable homes to 184 Old Tavern Road?
There are currently no comparable homes to 184 Old Tavern Road.
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