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Ramtown 07731
2 Aspen Lane
$310,100
● House - Off Market

2 Aspen Lane

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,707 Ft²
$560,556
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Come fall in love with this lovely 4 Bedroom Colonial in desirable Briar Crest! 2012 Updates include a beautiful kitchen with stainless appliances, gleaming wood floors in living/dining/family room, full bath,recessed lighting, surround sound speakers, windows, front,back & garage doors & siding! In 2012-C/A,2009-Hot WH&Furnace! Enjoy the huge Master with his/her WI closets, beautiful front patio & driveway in 2013,fabulous fenced yard with play area, patio, horseshoe pit,& lots of room to play!
Unit Size
1,707 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1955

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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 #21407345)

Price History

Date / Event Date Event Price
May 2, 2014 Sold
Premium
Sold
Mar 2, 2014 Listed by Gloria Nilson & Co. Real Estate $299,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 143
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,040
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,707
  • Building Area: 1,707
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,707
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811501

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 1.09
  • Account Number: 32330100
  • District: 21
  • Parcel: 21 00002- 33-00001
  • Block: 2.33
  • Lot: 1
  • Municipality: HOWELL TWP
  • Latitude: 40.1133
  • Longitude: -74.146

    Address

  • Full Address: 2 Aspen Ln
  • Address - House Number: 2
  • Address - Street Name: Aspen
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C007
  • 4-Digit Zip Code: 2832
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $988,802

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 592,194
  • High Value: 704,018
  • Low Value: 480,369

    Market Valuation

  • Market Total Value: $531,900
  • Market Land Value: $273,100
  • Market Improvement Value: $258,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531,900
  • Assessed Land Value: $273,100
  • Assessed Improvements Value: $258,800

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020131746
  • Previous Sale Recording Date: May 08, 2014
  • Previous Sale Contract Date: May 02, 2014
  • Previous Sale Amount: $310,100
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: ADJ
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 Ramtown

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1825 ft²

Average Home Age

41.6 years

Currently For Sale

18 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 1456 Green Grove Road, Brick, NJ, 08724

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,786 ft²
1456 Green Grove Road, Brick, NJ, 08724 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Norma Walling, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21407345
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 2 Aspen Lane built and last sold?
The property at 2 Aspen Lane was built in 1955 and last sold on Oct 16, 2020 for $394,500.
How much is this home worth?
The estimated value of the home located at 2 Aspen Lane is $0.
What are some comparable homes to 2 Aspen Lane?
There are currently no comparable homes to 2 Aspen Lane.
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