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Browns Mills 08015
1950 Hanover Boulevard
$5,250
● Land - Off Market

1950 Hanover Boulevard

Browns Mills, NJ 08015
bedrooms
Studio
bathrooms
0 Bath
$4,969
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Wooded Lot. Seller has No Reports or survey. Agent will provide Flood Search Document. Selling As Is. Buyer to do own Due Diligence with regard to any approvals from Township and Pinelands. (There was a prior home on this property that was demolished. Old Well and Septic or Cesspool somewhere on property. Be careful when on property, stay with your agent)
Unit Size
-
Days on Market
-
Land Size
0.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$40
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: 3 years ago (MOMLS #22315132)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Jul 31, 2023 In contract -
In contract
Jul 13, 2023 Relisted $5,000
Relisted
Jun 24, 2023 In contract -
In contract
Jun 4, 2023 Listed by ERA Central Realty Group $5,000
Listed by ERA Central Realty Group

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: 25,997
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 2,600
  • 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: 0000000597
  • Standard Land Use Code: 8000
  • County Land Use Code: 1

Neighborhood

  • School District Name: Pemberton Township School District
  • Census Tract: 702209

Geography

  • Assessors Map Reference: TAX MAP 09
  • District: 29
  • Parcel: 29 00139-0000-00020
  • Block: 139
  • Lot: 20
  • Municipality: PEMBERTON TWP
  • Latitude: 39.9858
  • Longitude: -74.5554

    Address

  • Full Address: 1950 Hanover Blvd
  • Address - House Number: 1950
  • Address - Street Name: Hanover
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Browns Mills
  • Carrier Code: R009
  • 4-Digit Zip Code: 2736
  • Zip Code: 08015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,650

    Market Valuation

  • Market Total Value: $17,900
  • Market Land Value: $17,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,900
  • Assessed Land Value: $17,900

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5852001
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 Browns Mills

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$248

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1285 ft²

Average Home Age

-

Currently For Sale

44 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: Debra Richford, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22315132
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 1950 Hanover Boulevard built and last sold?
The property at 1950 Hanover Boulevard was built in and last sold on Sep 8, 2023 for $5,250.
How much is this home worth?
The estimated value of the home located at 1950 Hanover Boulevard is $5,050.
What are some comparable homes to 1950 Hanover Boulevard?
There are currently no comparable homes to 1950 Hanover Boulevard.
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