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Panther Valley 07838
207 Old Farm Dr
$295,000
● House - Off Market

207 Old Farm Dr

Allamuchy Twp., NJ 07838
bedrooms
1 Bed
bathrooms
1 Bath
$1,667
Est. Monthly
$218
HOA / Fees
6.03%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$218
Year Built
2006

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 (GSMLS #3938282)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Premium
Sold
Dec 28, 2024 In contract -
In contract
Sep 29, 2023 Sold
Premium
Sold
Sep 14, 2023 In contract -
In contract

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • 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: 544
  • Total Building Area: 892
  • Building Area: 892
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 892
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000012
  • Standard Land Use Code: 1016
  • County Land Use Code: 2

Neighborhood

  • School District Name: Allamuchy Township School District
  • Census Tract: 031302

Geography

  • Assessors Map Reference: TAX MAP 6.01
  • District: 01
  • Parcel: 01 00602- 27-00008
  • Block: 602.27
  • Lot: 8
  • Municipality: ALLAMUCHY TWP
  • Latitude: 40.9114
  • Longitude: -74.8549

    Address

  • Full Address: 207 Old Farm Dr
  • Address - House Number: 207
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Great Meadows
  • Carrier Code: R011
  • 4-Digit Zip Code: 6002
  • Zip Code: 07838

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $486,392

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 271,713
  • High Value: 331,766
  • Low Value: 211,661

    Market Valuation

  • Market Total Value: $130,400
  • Market Land Value: $60,000
  • Market Improvement Value: $70,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,400
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $70,400

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 597649
  • Previous Sale Recording Date: Nov 18, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $178,000
  • 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 Panther Valley

Stats & Trends

Median Asking:

$535,000

Sale Price/ft²

$290

Above Asking

0.00%

Average Days on Market

50

Average Home Size

970 ft²

Average Home Age

34.3 years

Currently For Sale

11 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 42 Green Heron Dr, Allamuchy Twp., 07840-3329

$2,500 /mo

  • 1 Bed
  • 1 Bath
42 Green Heron Dr, Allamuchy Twp., 07840-3329 Listing by TERI CRANE
Unit for rent at 460 Shades Of Death Rd, Allamuchy Twp., 07838-2710

$4,500 /mo

  • 4 Beds
  • 2 Baths
460 Shades Of Death Rd, Allamuchy Twp., 07838-2710 Listing by MERCEDES SENZER

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 years ago
Data Source: GSMLS, MLS# 3938282
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. 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 207 Old Farm Drive built and last sold?
The property at 207 Old Farm Drive was built in 2006 and last sold on Sep 29, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 207 Old Farm Drive is $0.
What are some comparable homes to 207 Old Farm Drive?
There are currently no comparable homes to 207 Old Farm Drive.
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