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Ramtown 07731
2 Tamarack Street
$375,000
● House - Off Market

2 Tamarack Street

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$492,968
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This gorgeous 3 BR 1.5 bathroom home has been meticulously maintained, upgraded & updated. Downstairs you'll find a large LR which leads to the light & bright DR w/sliders to the outside patio. The kit has granite countertops, tile backsplash, recessed lighting, stylish pendant lighting, beautiful molding & stainless steel appliances. The den off the kit features a fireplace as the focal point w/large windows for natural light. An updated 1/2 bathroom & laundry room complete the 1st floor. Upstairs you'll find the large master BR & 2 other BRs all w/hardwood flooring. The full bathroom, also updated w/beautiful tiling & upgrade cabinets & counter, complete the upstairs. Outside is just as impressive with a fully fenced in yard w/beautiful landscaping as well as large patio.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1986

Payment Calculator

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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 #22017131)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
May 30, 2020 Listed by Real Estate, LTD $359,900
Listed by Real Estate, LTD

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,591
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 1.09
  • Account Number: 32280100
  • District: 21
  • Parcel: 21 00002- 28-00001
  • Block: 2.28
  • Lot: 1
  • Municipality: HOWELL TWP
  • Latitude: 40.1155
  • Longitude: -74.1429

    Address

  • Full Address: 2 Tamarack St
  • Address - House Number: 2
  • Address - Street Name: Tamarack
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Howell
  • Carrier Code: C007
  • 4-Digit Zip Code: 2828
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915,929

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 554,837
  • High Value: 693,011
  • Low Value: 416,662

    Market Valuation

  • Market Total Value: $492,700
  • Market Land Value: $269,500
  • Market Improvement Value: $223,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,700
  • Assessed Land Value: $269,500
  • Assessed Improvements Value: $223,200

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020099221
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:

$648,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

82

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

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MOMMLS

Listed by: David Najdzinowicz, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22017131
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 Tamarack Street built and last sold?
The property at 2 Tamarack Street was built in 1986 and last sold on Jul 31, 2020 for $375,000.
How much is this home worth?
The estimated value of the home located at 2 Tamarack Street is $0.
What are some comparable homes to 2 Tamarack Street?
There are currently no comparable homes to 2 Tamarack Street.
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